U.S. - Illuminated Signs And Illuminated Name-Plates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIlluminated Sign Price in the United States - 2021
Contents:
- Illuminated Sign Price in the United States (CIF) - 2021
- Illuminated Sign Price in the United States (FOB) - 2022
- Illuminated Sign Imports in the United States
- Illuminated Sign Exports in the United States
Illuminated Sign Price in the United States (CIF) - 2021
In December 2021, the average illuminated sign import price amounted to $15,960 per ton, jumping by 40% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2021 an increase of 67% against the previous month. As a result, import price reached the peak level of $25,642 per ton. From July 2021 to December 2021, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($24,692 per ton), while the price for Indonesia ($1,664 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Illuminated Sign Price in the United States (FOB) - 2022
The average illuminated sign export price stood at $124,024 per ton in 2022, dropping by -18.8% against the previous year. Over the period under review, the export price, however, posted a buoyant increase. The growth pace was the most rapid in 2020 when the average export price increased by 242% against the previous year. The export price peaked at $152,678 per ton in 2021, and then reduced rapidly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($148,512 per ton), while the average price for exports to China ($85,277 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Illuminated Sign Imports in the United States
In 2022, approx. 8.2K tons of illuminated signs and illuminated name-plates were imported into the United States; waning by -16.3% against 2021 figures. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of 9.7K tons, and then reduced notably in the following year.
In value terms, illuminated sign imports declined to $149M in 2022. Overall, imports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 18%.
| Import of Illuminated Sign in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 94.2 | 67.6 | 79.1 | 70.6 | -9.2% |
| Canada | 34.9 | 24.9 | 25.8 | 25.1 | -10.4% |
| Mexico | 28.0 | 20.6 | 26.7 | 23.8 | -5.3% |
| Vietnam | 0.4 | 6.3 | 10.7 | 9.6 | 188.4% |
| Germany | 6.7 | 4.2 | 4.8 | 4.6 | -11.8% |
| South Korea | 1.7 | 1.9 | 1.2 | 1.4 | -6.3% |
| Others | 16.1 | 10.7 | 12.7 | 13.4 | -5.9% |
| Total | 182 | 136 | 161 | 149 | -6.5% |
Top Suppliers of Illuminated Sign to the United States in 2022:
- China (3.0K tons)
- Canada (2.2K tons)
- Mexico (1.5K tons)
- Vietnam (0.5K tons)
- Germany (0.2K tons)
- South Korea (0.1K tons)
Illuminated Sign Exports in the United States
In 2022, overseas shipments of illuminated signs and illuminated name-plates were finally on the rise to reach 365 tons after two years of decline. Over the period under review, exports, however, saw a precipitous descent.
In value terms, illuminated sign exports totaled $45M in 2022. In general, exports, however, continue to indicate a abrupt shrinkage.
| Export of Illuminated Sign in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 27.5 | 16.1 | 16.2 | 17.0 | -14.8% |
| Mexico | 13.1 | 14.2 | 16.5 | 14.3 | 3.0% |
| Japan | 2.3 | 4.0 | 3.4 | 3.0 | 9.3% |
| Philippines | 2.7 | 1.7 | 0.6 | 1.4 | -19.7% |
| China | 0.7 | 0.7 | 1.6 | 1.4 | 26.0% |
| Germany | 1.2 | 1.1 | 1.0 | 0.9 | -9.1% |
| Haiti | 1.1 | 0.6 | 0.5 | 0.6 | -18.3% |
| Others | 11.0 | 7.1 | 5.2 | 6.6 | -15.7% |
| Total | 59.6 | 45.6 | 45.0 | 45.3 | -8.7% |
Top Export Markets for Illuminated Sign from the United States in 2022:
- Canada (130.7 tons)
- Mexico (96.6 tons)
- Japan (33.8 tons)
- China (16.5 tons)
- Philippines (12.3 tons)
- Germany (5.4 tons)
- Haiti (5.0 tons)
This report provides an in-depth analysis of the illuminated sign market 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 27402400 - Illuminated signs, illuminated name-plates and the like (including road signs)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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