U.S.: Market for Ground Or Treated Mineral And Earth 2024

Market Size for Ground Or Treated Mineral And Earth in the U.S.

The U.S. market for ground or treated mineral and earth expanded modestly to $X in 2022, with an increase of X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in years to come.

Production of Ground Or Treated Mineral And Earth in the U.S.

In value terms, production of ground or treated mineral and earth shrank to $X in 2022. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a lower figure.

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Exports of Ground Or Treated Mineral And Earth

Exports from the U.S.

In 2022, approx. X tons of ground or treated mineral and earth were exported from the United States; with a decrease of X% compared with the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then contracted in the following year.

In value terms, exports of ground or treated mineral and earth rose markedly to $X in 2022. The total export value increased at an average annual rate of X% from 2013 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Canada (X tons), Mexico (X tons) and Mauritius (X tons) were the main destinations of exports of ground or treated mineral and earth from the United States, with a combined X% share of total exports.

From 2013 to 2022, the biggest increases were recorded for Mauritius (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ground or treated mineral and earth exported from the United States were Canada ($X), Mexico ($X) and Mauritius ($X), with a combined X% share of total exports.

Mauritius, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for ground or treated mineral and earth stood at $X per ton in 2022, increasing by X% against the previous year. Over the last nine years, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ground Or Treated Mineral And Earth

Imports into the U.S.

In 2022, purchases abroad of ground or treated mineral and earth increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of ground or treated mineral and earth skyrocketed to $X in 2022. In general, total imports indicated a strong increase from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

China (X tons), Pakistan (X tons) and Canada (X tons) were the main suppliers of imports of ground or treated mineral and earth to the United States, together comprising X% of total imports. Mexico, Hong Kong SAR, Brazil, the Netherlands and Australia lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of ground or treated mineral and earth to the United States, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2013 to 2022, the average annual growth rate of value 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).

Import Prices by Country

The average import price for ground or treated mineral and earth stood at $X per ton in 2022, jumping by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 China ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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