U.S. Asphalt Paving Mixture And Block Market. Analysis And Forecast to 2030
Report Update: Apr 1, 2024

U.S. Asphalt Paving Mixture And Block Market. Analysis And Forecast to 2030

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Asphalt Paving Mixture Price in the United States - 2023

Contents:

  1. Asphalt Paving Mixture Price in the United States (CIF) - 2023
  2. Asphalt Paving Mixture Price in the United States (FOB) - 2023
  3. Asphalt Paving Mixture Imports in the United States
  4. Asphalt Paving Mixture Exports in the United States

Asphalt Paving Mixture Price in the United States (CIF) - 2023

The average asphalt paving mixture import price stood at $289 per ton in August 2023, with an increase of 24% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 379% against the previous month. Over the period under review, average import prices hit record highs at $732 per ton in March 2023; however, from April 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1,317 per ton), while the price for Canada totaled $260 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (-0.1%), while the prices for the other major suppliers experienced a decline.

Asphalt Paving Mixture Price in the United States (FOB) - 2023

The average asphalt paving mixture export price stood at $1,015 per ton in August 2023, dropping by -8% against the previous month. In general, the export price saw a pronounced reduction. The pace of growth was the most pronounced in May 2023 an increase of 36% against the previous month. Over the period under review, the average export prices reached the maximum at $1,709 per ton in February 2023; however, from March 2023 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was China ($2,209 per ton), while the average price for exports to Cayman Islands ($492 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (-0.1%), while the prices for the other major destinations experienced a decline.

Asphalt Paving Mixture Imports in the United States

In 2022, approx. 759K tons of asphalt paving mixtures and blocks were imported into the United States; rising by 232% against the previous year. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, asphalt paving mixture imports surged to $195M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Asphalt Paving Mixture in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada75.168.893.913220.7%
Spain3.9N/A6.525.687.2%
Belgium10.210.711.317.519.7%
ColombiaN/AN/A2.05.2160.0%
South Korea8.90.30.10.3-67.7%
Others12.45.29.614.45.1%
Total11085.112319521.0%

Top Suppliers of Asphalt Paving Mixture to the United States in 2022:

  1. Canada (662.2K tons)
  2. Spain (48.5K tons)
  3. Belgium (15.2K tons)
  4. Colombia (12.0K tons)
  5. South Korea (0.1K tons)

Asphalt Paving Mixture Exports in the United States

In 2022, approx. 79K tons of asphalt paving mixtures and blocks were exported from the United States; increasing by 10% on 2021 figures. Over the period under review, exports, however, saw a drastic downturn.

In value terms, asphalt paving mixture exports surged to $127M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Asphalt Paving Mixture in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand0.41.71.840.2364.9%
Canada33.125.526.930.4-2.8%
Mexico6.54.34.14.6-10.9%
Japan3.83.13.93.7-0.9%
China4.32.83.63.6-5.8%
Thailand3.02.33.33.11.1%
Czech Republic1.81.61.92.714.5%
Poland1.61.61.92.719.1%
Brazil1.71.73.02.513.7%
Belgium1.61.41.31.95.9%
Dominican Republic0.30.20.71.778.3%
Others26.222.231.029.94.5%
Total84.568.283.612714.5%

Top Export Markets for Asphalt Paving Mixture from the United States in 2022:

  1. Canada (23.1K tons)
  2. New Zealand (12.9K tons)
  3. Mexico (4.9K tons)
  4. Thailand (4.3K tons)
  5. Dominican Republic (3.3K tons)
  6. Japan (2.3K tons)
  7. Czech Republic (2.2K tons)
  8. China (1.9K tons)
  9. Brazil (1.8K tons)
  10. Poland (1.8K tons)
  11. Belgium (1.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the asphalt paving mixture market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • NAICS 324121 - Asphalt paving mixture and block manufacturing

Companies mentioned:

  • Glenn O. Hawbaker
  • Gardner-Gibson Manufacturing
  • Crafco
  • Slurry Pavers
  • Walsh & Kelly
  • Vance Brothers
  • Pine Bluff Sand and Gravel Company
  • Weiler
  • Albina Holdings
  • Delta Companies
  • Peckham Industries
  • Blacklidge Emulsions
  • Brox Industries
  • Calmat Co.
  • Glasgow
  • Asphalt Materials
  • Cemex U.S.A.
  • Frontier Refining
  • Goh Con, RLC Holding Co
  • Suit-Kote Corporation
  • Stoneco
  • Gardner-Gibson Incorporated
  • Palmetto Corp. of Conway
  • Semmaterials

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Asphalt Paving Mixture And Block - United States