U.S. - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights
Latest Report Update: Mar 1, 2023

U.S. - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
Article Publishing Date: Jun 30, 2022

U.S. Ready-Mixed Concrete Market Surpasses $30B

IndexBox has just published a new report: 'U.S. - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

The U.S. market for ready-mixed concrete and factory-made mortars was estimated at $30.6B in 2021. This figure reflects the total revenues of producers and importers (excluding logistics costs and intermediaries' margins, which will be included in the final consumer price). Overall, the total consumption indicated a perceptible increase from 2011 to 2021: its value increased at an average annual rate of +1.6%. 

U.S. Ready-Mixed Concrete Exports 

In 2021, overseas shipments of ready-mixed concrete and factory-made mortars were finally on the rise to reach 152K tons after two years of decline. In general, total exports indicated moderate growth from 2011 to 2021: its volume increased at an average annual rate of +3.8%. 

In value terms, exports skyrocketed to $68M in 2021. Overall, total exports indicated a buoyant increase: its value increased at an average annual rate of +3.8% over the last decade. 

Exports by Country

Canada (63K tons), Mexico (36K tons) and Bahamas (4.8K tons) were the main destinations of exports of ready-mixed concrete and factory-made mortars from the United States, with a combined 68% share of total volume. These countries were followed by Australia, the Dominican Republic, Spain, Cayman Islands, Aruba, Turks and Caicos Islands and Curacao, which together accounted for a further 16%.

In value terms, Canada ($38M) remains the key foreign market for ready-mixed concrete and factory-made mortar exports from the United States, comprising 56% of total supplies. The second position in the ranking was occupied by Mexico ($7.4M), with an 11% share of total exports. It was followed by the Dominican Republic, with a 4.2% share.

From 2011 to 2021, the average annual growth rate of value to Canada stood at +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+6.7% per year) and the Dominican Republic (+14.9% per year).

Export Prices by Country

The average export price for ready-mixed concrete and factory-made mortars stood at $446 per ton in 2021, with an increase of 4.8% against the previous year. There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Aruba ($640 per ton), while the average price for exports to Spain ($52 per ton) was amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

U.S. Ready-Mixed Concrete Imports 

In 2021, purchases abroad of ready-mixed concrete and factory-made mortars was finally on the rise to reach 145K tons after two years of decline. Overall, imports posted perceptible growth over the past decade. 

In value terms, imports soared to $76M in 2021. In general, total imports indicated strong growth from 2011 to 2021: its value increased at an average annual rate of +4.0%. 

Imports by Country

In 2021, Canada (113K tons) constituted the largest supplier of ready-mixed concrete and factory-made mortar to the United States, with a 78% share of total imports. Moreover, purchases from Canada exceeded the figures recorded by the second-largest supplier, Mexico (24K tons), fivefold.

In value terms, Canada ($63M) constituted the largest supplier of ready-mixed concrete and factory-made mortar to the United States, comprising 83% of total imports. The second position in the ranking was occupied by Mexico ($5.9M), with a 7.8% share of total supplies. 

From 2011 to 2021, the average annual rate of growth in terms of value from Canada and Mexico totaled +9.0% and +4.7% per year respectively.

Import Prices by Country

The average import price for ready-mixed concrete and factory-made mortars stood at $521 per ton in 2021, increasing by 7.4% against the previous year. There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($612 per ton), while the price for Mexico ($247 per ton) was amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 23631000 - Ready-mixed concrete
• Prodcom 23641000 - Factory made mortars
Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET

Webinar: Global Cement Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global cement market.



Thursday, September 23rd, 2021 @ 04:00 pm ET