Gypsum Product Market in the USA - Key Insights

IndexBox has just published a new report, the U.S. Gypsum Product Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.

The revenue of the gypsum product market in the U.S. amounted to $6.6B in 2018, jumping by 9.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +8.9% from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2014, when the market value increased by 16% against the previous year. Over the period under review, the gypsum product market attained its peak figure level in 2018, and is likely to see steady growth in the near future.

Gypsum Product Production in the USA

In value terms, gypsum product production stood at $6.6B in 2018. The total output value increased at an average annual rate of +8.9% from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014, with an increase of 16% against the previous year. Gypsum product production peaked in 2018, and is expected to retain its growth in the immediate term.

Gypsum Product Exports

Exports from the USA

Gypsum product exports from the U.S. totaled 98K tonnes in 2018, approximately mirroring the previous year. The total export volume increased at an average annual rate of +3.5% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review.

In value terms, gypsum product exports stood at $50M (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +4.5% over the period from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. Over the period under review, gypsum product exports reached their maximum in 2018, and are expected to retain its growth in the immediate term.

Exports by Country

The Dominican Republic (9.6K tonnes), Australia (9.2K tonnes) and Costa Rica (8.7K tonnes) were the main destinations of gypsum product exports from the U.S., together comprising 28% of total exports.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the Dominican Republic (+40.0% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($4.6M), Costa Rica ($4M) and Australia ($3.7M) constituted the largest markets for gypsum product exported from the U.S. worldwide, with a combined 25% share of total exports.

Export Prices by Country

In 2018, the average gypsum product export price amounted to $509 per tonne, increasing by 7.4% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +1.0%.

Export prices varied noticeably by the country of origin; the country with the highest export price was China ($858 per tonne), while the average price for exports to Colombia ($313 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to South Korea (+5.9% per year), while the export prices for the other major destinations experienced more modest paces of growth.

Gypsum Product Imports

Imports into the USA

In 2018, the amount of gypsum products imported into the U.S. amounted to 22K tonnes, growing by 51% against the previous year.

In value terms, gypsum product imports amounted to $14M (IndexBox estimates) in 2018.

Imports by Country

Mexico (11K tonnes), China (7.1K tonnes) and Colombia (1K tonnes) were the main suppliers of gypsum product imports to the U.S., with a combined 86% share of total imports. The Dominican Republic and Germany lagged somewhat behind, together accounting for a further 6.3%.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the Dominican Republic (+259.9% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($7.3M) constituted the largest supplier of gypsum product to the U.S., comprising 53% of total gypsum product imports. The second position in the ranking was occupied by Mexico ($2.3M), with a 17% share of total imports. It was followed by Germany, with a 9% share.

Import Prices by Country

In 2018, the average gypsum product import price amounted to $610 per tonne, going up by 3.9% against the previous year. Over the last five year period, it increased at an average annual rate of +5.1%.

Import prices varied noticeably by the country of origin; the country with the highest import price was Germany ($2.1 per kg), while the price for Mexico ($206 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Germany (+33.5% per year), while the import prices for the other major suppliers experienced mixed trend patterns.

Companies Mentioned in the Report

USG Corporation, Pacific Coast Building Products, Parex Usa, American Gypsum Company, Patrick Industries, James Hardie Transition Co., Stromberg Architectural Products Southeast Inc., R. Henry Incorporated, Saint Gobain Corporation, Master Wall, Inc., Diamond K Gypsum, Perma-Chink Systems, Omega Products Corp., Synthetic Materials, Plastrglas, Casting Designs, Certainteed Gypsum, Bpc, American Gypsum Company, Duncan Financial Corporation, United States Gypsum Company, Opal Service, Premier Boxboard Limited, Pabco Building Products, Jimco Integrated Services, Certainteed Gypsum and Ceiling Manufacturing, Georgia-Pacific Gypsum II, Continental Building Products, Lsf8 Gypsum Holdings

Source: IndexBox AI Platform