U.S.: Abrasives Market 2022

Abrasives Market Size in the U.S.

After two years of decline, the U.S. abrasives market increased by X% to $X in 2021. In general, consumption saw a slight descent. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Abrasives Production in the U.S.

In value terms, abrasives production amounted to $X in 2021. Over the period under review, production, however, recorded a noticeable downturn. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Abrasives Exports

Exports from the U.S.

In 2021, overseas shipments of abrasives (natural) were finally on the rise to reach X tons after three years of decline. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, abrasives exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for abrasives exports from the United States, accounting for a X% share of total exports. Moreover, abrasives exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), fourfold. The third position in this ranking was taken by Peru (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and Peru (+X% per year).

In value terms, Canada ($X) remains the key foreign market for abrasives exports from the United States, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+X% per year) and Mexico (-X% per year).

Export Prices by Country

In 2021, the average abrasives export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, recorded a perceptible contraction. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Bahamas ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Abrasives Imports

Imports into the U.S.

For the third consecutive year, the United States recorded decline in purchases abroad of abrasives (natural), which decreased by -X% to X tons in 2021. Overall, imports saw a slight decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, abrasives imports soared to $X in 2021. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, South Africa (X tons) constituted the largest supplier of abrasives to the United States, with a X% share of total imports. Moreover, abrasives imports from South Africa exceeded the figures recorded by the second-largest supplier, Greece (X tons), twofold. The third position in this ranking was taken by China (X tons), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Africa stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+X% per year) and China (+X% per year).

In value terms, South Africa ($X) constituted the largest supplier of abrasives to the United States, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual growth rate of value from South Africa totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-X% per year) and China (+X% per year).

Import Prices by Country

In 2021, the average abrasives import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably countryorigin: the country with the highest price was Australia ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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