Northern America: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in Northern America

The North American metal advertising sign market totaled $X in 2020, surging by X% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2020: its value increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by X% against 2016 indices. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in the near future.

Metal Advertising Sign Production in Northern America

In value terms, metal advertising sign production expanded significantly to $X in 2020 estimated in export price. The total production indicated a remarkable increase from 2012 to 2020: its value increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by X% against 2016 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs in 2020 and is likely to see gradual growth in the near future.

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Metal Advertising Sign Exports

Exports in Northern America

Metal advertising sign exports reduced rapidly to X tons in 2020, waning by X% compared with 2019 figures. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2020, the growth of the exports remained at a somewhat lower figure.

In value terms, metal advertising sign exports declined notably to $X in 2020. Over the period under review, exports recorded a perceptible downturn. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from the United States (X tons), together accounting for X% of total export.

The United States was also the fastest-growing in terms of the metal advertising signs exports, with a CAGR of X% from 2012 to 2020. From 2012 to 2020, the share of the United States increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest metal advertising sign supplier in Northern America.

From 2012 to 2020, the average annual growth rate of value in the United States totaled X%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2020, increasing by X% against the previous year. Overall, the export price posted a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2020, the rate of growth in terms of prices for the United States amounted to X% per year.

Metal Advertising Sign Imports

Imports in Northern America

In 2020, overseas purchases of metal advertising signs decreased by X% to X tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2020, the growth of imports remained at a lower figure.

In value terms, metal advertising sign imports reduced rapidly to $X in 2020. The total import value increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked at $X in 2019, and then reduced rapidly in the following year.

Imports by Country

The United States prevails in imports structure, accounting for X tons, which was near X% of total imports in 2020. It was distantly followed by Canada (X tons), making up a X% share of total imports.

The United States was also the fastest-growing in terms of the metal advertising signs imports, with a CAGR of X% from 2012 to 2020. Canada (X%) illustrated a downward trend over the same period. The United States (X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by X% from 2012 to 2020, respectively.

In value terms, the United States ($X) constitutes the largest market for imported metal advertising signs in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

In the United States, metal advertising sign imports increased at an average annual rate of X% over the period from 2012-2020.

Import Prices by Country

In 2020, the import price in Northern America amounted to $X per ton, declining by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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