U.S.: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in the U.S.

The U.S. market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded slightly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption posted a prominent increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in the U.S.

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders rose rapidly to $X in 2022. Overall, production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports from the U.S.

In 2022, shipments abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders was finally on the rise to reach X square meters after five years of decline. Over the period under review, exports, however, showed a deep setback. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders soared to $X in 2022. In general, total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Mexico (X square meters), Canada (X square meters) and Trinidad and Tobago (X square meters) were the main destinations of exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from the United States, together comprising X% of total exports. Bahamas, Cayman Islands, Guatemala, Panama, Antigua and Barbuda, Aruba, Guyana, Colombia, Barbados and Honduras lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Cayman Islands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the key foreign market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports from the United States, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by Bahamas, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Bahamas (X% per year).

Export Prices by Country

The average export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per thousand square meters in 2022, picking up by X% against the previous year. Overall, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2014 an increase of X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per thousand square meters), while the average price for exports to Trinidad and Tobago ($X per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports into the U.S.

Imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders into the United States shrank to X square meters in 2022, waning by X% on the previous year's figure. Over the period under review, imports, however, saw a strong expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at X square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders surged to $X in 2022. Overall, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Canada (X square meters), China (X square meters) and Mexico (X square meters) were the main suppliers of imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to the United States, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders suppliers to the United States were Canada ($X), China ($X) and Mexico ($X), with a combined X% share of total imports.

Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per thousand square meters in 2022, rising by X% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by X% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per thousand square meters), while the price for Italy ($X per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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