U.S.: Prefabricated Metal Building Market 2024

Prefabricated Metal Building Market Size in the U.S.

The U.S. prefabricated metal building market totaled $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% from 2013 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2016; afterwards, it flattened through to 2022.

Prefabricated Metal Building Production in the U.S.

In value terms, prefabricated metal building production fell slightly to $X in 2022. The total output value increased at an average annual rate of X% from 2013 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Prefabricated metal building production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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Prefabricated Metal Building Exports

Exports from the U.S.

Prefabricated metal building exports from the United States contracted remarkably to X units in 2022, declining by X% compared with 2021 figures. In general, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, prefabricated metal building exports fell sharply to $X in 2022. Overall, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), France (X units) and Canada (X units) were the main destinations of prefabricated metal building exports from the United States, with a combined X% share of total exports.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Canada ($X) remains the key foreign market for prefabricated metal building and components exports from the United States, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2013 to 2022, the average annual growth rate of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average prefabricated metal building export price amounted to $X per unit, picking up by X% against the previous year. Overall, the export price, however, recorded a slight setback. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

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

Prefabricated Metal Building Imports

Imports into the U.S.

In 2022, after four years of growth, there was significant decline in purchases abroad of prefabricated metal building and components, when their volume decreased by X% to X units. Over the period under review, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2021, and then dropped remarkably in the following year.

In value terms, prefabricated metal building imports rose significantly to $X in 2022. Overall, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

China (X units), Israel (X units) and Canada (X units) were the main suppliers of prefabricated metal building imports to the United States, together comprising X% of total imports. Italy, Mexico, Australia and India lagged somewhat behind, together accounting for a further X%.

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

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

From 2013 to 2022, the average annual growth rate of value from Canada totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Israel (X% per year).

Import Prices by Country

In 2022, the average prefabricated metal building import price amounted to $X per unit, jumping by X% against the previous year. Overall, the import price, however, saw a pronounced setback. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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