U.S.: Books Printing Market 2024

Books Printing Market Size in the U.S.

In 2023, after two years of growth, there was significant decline in the U.S. books printing market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2022, and then reduced in the following year.

Books Printing Production in the U.S.

In value terms, books printing production totaled $X in 2023. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

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Books Printing Exports

Exports from the U.S.

In 2023, after two years of growth, there was decline in overseas shipments of books printing, when their volume decreased by X% to X tons. Over the period under review, exports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, books printing exports declined to $X in 2023. Overall, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

Canada (X tons), Mexico (X tons) and the UK (X tons) were the main destinations of books printing exports from the United States, with a combined X% share of total exports. Australia, the United Arab Emirates, South Korea, India, Germany, Nigeria, China and Singapore lagged somewhat behind, together accounting for a further X%.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2013 to 2023, the average annual rate of growth in terms of value to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Mexico (X% per year).

Export Prices by Country

In 2023, the average books printing export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Books Printing Imports

Imports into the U.S.

In 2023, after two years of growth, there was significant decline in supplies from abroad of books printing, when their volume decreased by X% to X tons. Over the period under review, total imports indicated a modest expansion from 2013 to 2023: its volume 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 most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X tons in 2022, and then declined markedly in the following year.

In value terms, books printing imports dropped to $X in 2023. The total import value increased at an average annual rate of X% from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then fell in the following year.

Imports by Country

In 2023, China (X tons) constituted the largest supplier of books printing to the United States, with a X% share of total imports. Moreover, books printing imports from China exceeded the figures recorded by the second-largest supplier, Canada (X tons), fivefold. Mexico (X tons) ranked third in terms of total imports with a X% share.

From 2013 to 2023, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Mexico (X% per year).

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

From 2013 to 2023, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Canada (X% per year).

Import Prices by Country

In 2023, the average books printing import price amounted to $X per ton, growing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2023, import prices remained at a lower figure.

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

From 2013 to 2023, 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