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Northern America - Asbestos - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Asbestos Market 2022

Asbestos Market Size in Northern America

For the eighth year in a row, the North American asbestos market recorded decline in sales value, which decreased by -X% to $X in 2020. In general, consumption showed a abrupt setback. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. from 2013 to 2020, the growth of the market failed to regain the momentum.

Asbestos Production in Northern America

In value terms, asbestos production shrank notably to $X in 2020 estimated in export prices. Overall, production saw a significant decline. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. from 2009 to 2020, production growth remained at a lower figure.

Production By Country in Northern America

Canada (X tons) constituted the country with the largest volume of asbestos production, accounting for X% of total volume.

From 2007 to 2020, the average annual growth rate of volume in Canada amounted to -X%.

Asbestos Exports

Exports in Northern America

In 2020, approx. X tons of asbestos were exported in Northern America; with a decrease of -X% against 2019. Overall, exports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tons in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, asbestos exports dropped remarkably to $X in 2020. Over the period under review, exports saw a precipitous slump. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) represented roughly X% of total exports of asbestos in 2020.

Canada was also the fastest-growing in terms of the asbestos exports, with a CAGR of -X% from 2007 to 2020. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) also remains the largest asbestos supplier in Northern America.

In Canada, asbestos exports declined by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

In 2020, the asbestos export price in Northern America amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the export price recorded a deep slump. The pace of growth was the most pronounced in 2018 when the export price increased by X% y-o-y. Over the period under review, export prices hit record highs at $X per ton in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2007 to 2020, the rate of growth in terms of prices for Canada amounted to -X% per year.

Asbestos Imports

Imports in Northern America

Asbestos imports fell notably to X tons in 2020, shrinking by -X% on the previous year's figure. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, asbestos imports shrank notably to $X in 2020. Over the period under review, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. As a result, imports attained the peak of $X. from 2013 to 2020, the growth imports failed to regain the momentum.

Imports by Country

The U.S. prevails in asbestos imports structure, resulting at X tons, which was near X% of total imports in 2020. Canada (X tons) held a minor share of total imports.

The U.S. was also the fastest-growing in terms of the asbestos imports, with a CAGR of -X% from 2007 to 2020. Canada (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Canada (-X p.p.) displayed negative dynamics.

In value terms, the U.S. ($X) constitutes the largest market for imported asbestos in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., asbestos imports plunged by an average annual rate of -X% over the period from 2007-2020.

Import Prices by Country

In 2020, the asbestos import price in Northern America amounted to $X per ton, picking up by X% against the previous year. Overall, the import price posted a prominent expansion. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. Over the period under review, import prices reached the peak figure in 2020 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per ton), while Canada amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

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Frequently Asked Questions (FAQ) :

What are the largest markets for asbestos in Northern America?

Canada remains the largest asbestos consuming country in Northern America, accounting for 97% of total volume. It was followed by the United States, with a 2.7% share of total consumption.

What are the largest producers of asbestos in Northern America?

Canada remains the largest asbestos producing country in Northern America, accounting for 97% of total volume. Moreover, asbestos production in Canada exceeded the figures recorded by the second-largest producer, the United States, more than tenfold.

What are the leading suppliers of asbestos in Northern America?

In value terms, the United States remains the largest asbestos supplier in Northern America.

What are the leading importers of asbestos in Northern America?

In value terms, the United States constitutes the largest market for imported asbestoses in Northern America, comprising 97% of total imports. The second position in the ranking was held by Canada, with a 3.1% share of total imports.

What is the average export price for asbestos in Northern America?

In 2022, the export price in Northern America amounted to $372 per ton, with an increase of 82% against the previous year.

What is the average import price for asbestos in Northern America?

In 2022, the import price in Northern America amounted to $1,963 per ton, rising by 37% against the previous year.

This report provides an in-depth analysis of the asbestos market in Northern America. 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 2025.

Product coverage:

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023