U.S. - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMineral Wool Price in the United States - 2023
Contents:
- Mineral Wool Price in the United States (CIF) - 2022
- Mineral Wool Price in the United States (FOB) - 2022
- Mineral Wool Imports in the United States
- Mineral Wool Exports in the United States
Mineral Wool Price in the United States (CIF) - 2022
The average mineral wool import price stood at $1,781 per ton in 2022, reducing by -12.1% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mineral wool import price decreased by -13.6% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of 63%. As a result, import price attained the peak level of $2,061 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
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 Canada ($9,340 per ton), while the price for Brazil ($287 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+19.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Mineral Wool Price in the United States (FOB) - 2022
The average mineral wool export price stood at $18,147 per ton in 2022, picking up by 5.1% against the previous year. Over the period under review, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 505%. The export price peaked in 2022 and is expected to retain 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 the UK ($128,211 per ton), while the average price for exports to Italy ($1,511 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+55.5%), while the prices for the other major destinations experienced more modest paces of growth.
Mineral Wool Imports in the United States
In 2022, mineral wool imports into the United States skyrocketed to 88K tons, picking up by 18% against the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt descent.
In value terms, mineral wool imports rose slightly to $157M in 2022. In general, imports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 6.8%.
| Import of Mineral Wool in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 102 | 79.4 | 76.7 | 69.2 | -12.1% |
| Japan | 31.4 | 18.5 | 23.2 | 24.9 | -7.4% |
| Mexico | 18.0 | 12.8 | 15.4 | 19.3 | 2.4% |
| Poland | 9.6 | 12.0 | 10.5 | 12.6 | 9.5% |
| United Kingdom | 8.1 | 7.1 | 9.1 | 8.1 | 0.0% |
| Germany | 3.3 | 3.3 | 4.4 | 5.3 | 17.1% |
| Netherlands | 3.5 | 2.4 | 3.0 | 4.9 | 11.9% |
| South Korea | 0.3 | 0.3 | 0.4 | 3.8 | 133.1% |
| China | 3.2 | 2.3 | 2.2 | 2.0 | -14.5% |
| Brazil | 2.4 | 1.3 | 1.2 | 1.8 | -9.1% |
| France | 1.5 | 0.3 | 0.7 | 1.4 | -2.3% |
| Others | 2.5 | 2.7 | 5.1 | 3.9 | 16.0% |
| Total | 186 | 142 | 152 | 157 | -5.5% |
Top Suppliers of Mineral Wool to the United States in 2022:
- Japan (23.0K tons)
- United Kingdom (19.7K tons)
- Poland (10.3K tons)
- Canada (7.4K tons)
- Brazil (6.2K tons)
- Netherlands (3.8K tons)
- Germany (3.4K tons)
- South Korea (3.3K tons)
- China (3.0K tons)
- France (2.3K tons)
- Mexico (2.1K tons)
Mineral Wool Exports in the United States
In 2022, shipments abroad of slag wool, rock wool and similar mineral wools and mixtures increased by 3.2% to 5.4K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a sharp decline.
In value terms, mineral wool exports totaled $97M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Mineral Wool in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 31.2 | 28.3 | 50.4 | 49.7 | 16.8% |
| Mexico | 28.8 | 21.0 | 17.5 | 23.7 | -6.3% |
| Poland | 0.5 | 0.5 | 2.5 | 10.1 | 172.3% |
| China | 4.4 | 2.4 | 2.0 | 1.5 | -30.1% |
| Saudi Arabia | 0.8 | 1.5 | 1.2 | 0.7 | -4.4% |
| Germany | 0.3 | 0.7 | 0.6 | 0.7 | 32.6% |
| Italy | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
| Spain | 0.4 | 0.2 | 0.2 | 0.4 | 0.0% |
| Others | 12.1 | 10.0 | 15.1 | 10.3 | -5.2% |
| Total | 78.8 | 64.9 | 89.8 | 97.3 | 7.3% |
Top Export Markets for Mineral Wool from the United States in 2022:
- Mexico (1688.1 tons)
- Canada (844.7 tons)
- Poland (842.8 tons)
- Germany (431.3 tons)
- Italy (280.3 tons)
- Spain (243.2 tons)
- Saudi Arabia (173.1 tons)
- China (17.3 tons)
This report provides an in-depth analysis of the mineral wool 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:
- Prodcom 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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