U.S.: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in the U.S.

The U.S. metal advertising sign market rose significantly to $X in 2020, surging by X% against the previous year. Over the period under review, the total consumption indicated a strong 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, consumption increased by X% against 2016 indices. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in years to come.

Metal Advertising Sign Production in the U.S.

In value terms, metal advertising sign production expanded remarkably to $X in 2020. In general, the total production indicated a prominent 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 most prominent rate of growth was recorded in 2019 with an increase of X%. Metal advertising sign production peaked in 2020 and is expected to retain growth in the immediate term.

Metal Advertising Sign Exports

Exports from the U.S.

In 2020, shipments abroad of metal advertising signs decreased by X% to X tons, falling for the sixth year in a row after three years of growth. Overall, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2020, the growth of the exports remained at a lower figure.

In value terms, metal advertising sign exports shrank markedly to $X in 2020. Over the period under review, exports saw a perceptible shrinkage. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

Exports by Country

Mexico (X tons) was the main destination for metal advertising sign exports from the United States, accounting for a X% share of total exports. Moreover, metal advertising sign exports to Mexico exceeded the volume sent to the second major destination, Canada (X tons), threefold. Australia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual growth rate of volume 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 Australia (X% per year).

In value terms, Canada ($X), Mexico ($X) and China ($X) were the largest markets for metal advertising sign exported from the United States worldwide, with a combined X% share of total exports. The UK, Germany, Australia, the Netherlands and Russia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average metal advertising sign export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price recorded a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into the U.S.

In 2020, purchases abroad of metal advertising signs decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated measured growth from 2012 to 2020: its volume 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, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 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 somewhat lower figure.

In value terms, metal advertising sign imports reduced remarkably to $X in 2020. In general, total imports indicated a noticeable increase 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. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2019, and then shrank notably in the following year.

Imports by Country

In 2020, China (X tons) constituted the largest metal advertising sign supplier to the United States, accounting for a X% share of total imports. Moreover, metal advertising sign imports from China exceeded the figures recorded by the second-largest supplier, Canada (X tons), fivefold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Italy (X% per year).

In value terms, China ($X) constituted the largest supplier of metal advertising signs to the United States, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports. It was followed by Canada, with an X% share.

From 2012 to 2020, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Canada (X% per year).

Import Prices by Country

In 2020, the average metal advertising sign import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price recorded a slight downturn. The growth pace was the most rapid in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then fell remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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