U.S.: Market for Unlaminated Plastics Profile Shape 2024

Market Size for Unlaminated Plastics Profile Shape in the U.S.

After two years of decline, the U.S. unlaminated plastics profile shape market increased by 2.6% to $X in 2021. The market value increased at an average annual rate of +3.6% from 2013 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Unlaminated plastics profile shape consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Unlaminated Plastics Profile Shape in the U.S.

In value terms, unlaminated plastics profile shape production rose slightly to $X in 2021. The total output value increased at an average annual rate of +3.6% from 2013 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when the production volume increased by 13%. Unlaminated plastics profile shape production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Unlaminated Plastics Profile Shape

Exports from the U.S.

In 2021, the amount of unlaminated plastics profile shape exported from the United States skyrocketed to X tons, increasing by 25% against 2020. Over the period under review, total exports indicated buoyant growth from 2013 to 2021: its volume increased at an average annual rate of +5.4% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -19.9% against 2019 indices. The pace of growth was the most pronounced in 2018 when exports increased by 31% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, unlaminated plastics profile shape exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.1% from 2013 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for unlaminated plastics profile shape exports from the United States, accounting for a 64% share of total exports. Moreover, unlaminated plastics profile shape exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), threefold. Brazil (X tons) ranked third in terms of total exports with a 1.4% share.

From 2013 to 2021, the average annual growth rate of volume to Canada stood at +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+3.3% per year) and Brazil (-10.3% per year).

In value terms, Canada ($X), Mexico ($X) and China ($X) appeared to be the largest markets for unlaminated plastics profile shape exported from the United States worldwide, together accounting for 69% of total exports.

Among the main countries of destination, Canada, with a CAGR of +6.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average unlaminated plastics profile shape export price stood at $X per ton in 2021, shrinking by -6.7% against the previous year. In general, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2020 an increase of 45%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+15.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Unlaminated Plastics Profile Shape

Imports into the U.S.

In 2021, purchases abroad of unlaminated plastics profile shape was finally on the rise to reach X tons after two years of decline. In general, imports showed a pronounced increase. The most prominent rate of growth was recorded in 2016 with an increase of 51% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, unlaminated plastics profile shape imports soared to $X in 2021. Over the period under review, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Canada (X tons) constituted the largest unlaminated plastics profile shape supplier to the United States, accounting for a 40% share of total imports. Moreover, unlaminated plastics profile shape imports from Canada exceeded the figures recorded by the second-largest supplier, Mexico (X tons), twofold. China (X tons) ranked third in terms of total imports with a 13% share.

From 2013 to 2021, the average annual rate of growth in terms of volume from Canada totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+22.5% per year) and China (-1.0% per year).

In value terms, Canada ($X) constituted the largest supplier of unlaminated plastics profile shape to the United States, comprising 60% of total imports. The second position in the ranking was held by Mexico ($X), with an 11% share of total imports. It was followed by China, with a 7.2% share.

From 2013 to 2021, the average annual rate of growth in terms of value from Canada amounted to +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+10.4% per year) and China (+6.1% per year).

Import Prices by Country

The average unlaminated plastics profile shape import price stood at $X per ton in 2021, growing by 18% against the previous year. Overall, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 43% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+32.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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