Northern America: Safety Glass Market 2024

Safety Glass Market Size in Northern America

In 2022, the North American safety glass market increased by X% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Safety Glass Production in Northern America

In value terms, safety glass production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Safety Glass Exports

Exports in Northern America

In 2022, overseas shipments of safety glass decreased by X% to X square meters for the first time since 2015, thus ending a six-year rising trend. Overall, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X square meters, leveling off in the following year.

In value terms, safety glass exports stood at $X in 2022. In general, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States represented the largest exporting country with an export of around X square meters, which reached X% of total exports. It was distantly followed by Canada (X square meters), comprising an X% share of total exports.

The United States was also the fastest-growing in terms of the safety glass exports, with a CAGR of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. While the share of the United States (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Canada (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest safety glass supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

In the United States, safety glass exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per square meter in 2022, stabilizing at the previous year. Overall, the export price, however, faced a abrupt setback. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The level of export peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per square meter), while the United States stood at $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Safety Glass Imports

Imports in Northern America

In 2022, the amount of safety glass imported in Northern America declined to X square meters, reducing by X% on the previous year's figure. Over the period under review, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X square meters, and then declined in the following year.

In value terms, safety glass imports declined to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States was the largest importer of safety glass in Northern America, with the volume of imports finishing at X square meters, which was near X% of total imports in 2022. It was distantly followed by Canada (X square meters), constituting a X% share of total imports.

The United States was also the fastest-growing in terms of the safety glass imports, with a CAGR of X% from 2012 to 2022. 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 2022, respectively.

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

In the United States, safety glass imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per square meter in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a deep slump. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per square meter. From 2015 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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