Alloy Steel Powders Price in the United States - 2023
Contents:
- Alloy Steel Powders Price in the United States (CIF) - 2023
- Alloy Steel Powders Price in the United States (FOB) - 2022
- Alloy Steel Powders Imports in the United States
- Alloy Steel Powders Exports in the United States
Alloy Steel Powders Price in the United States (CIF) - 2023
The average alloy steel powders import price stood at $2,766 per ton in August 2023, surging by 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in December 2022 an increase of 21% against the previous month. The import price peaked in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the UK ($25,708 per ton), while the price for Canada ($1,828 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Alloy Steel Powders Price in the United States (FOB) - 2022
The average alloy steel powders export price stood at $5,986 per ton in 2022, growing by 25% against the previous year. In general, the export price posted strong growth. The most prominent rate of growth was recorded in 2018 an increase of 32% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($29,575 per ton), while the average price for exports to China ($3,270 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 Canada (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Alloy Steel Powders Imports in the United States
In 2022, the amount of alloy steel powderses imported into the United States stood at 61K tons, approximately mirroring the previous year's figure. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, alloy steel powders imports rose sharply to $138M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Alloy Steel Powders in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 36.5 | 30.3 | 43.3 | 54.4 | 14.2% |
| Sweden | 27.7 | 21.1 | 34.3 | 31.3 | 4.2% |
| United Kingdom | 18.1 | 14.9 | 17.8 | 23.7 | 9.4% |
| Japan | 12.9 | 9.8 | 12.6 | 11.7 | -3.2% |
| Germany | 6.3 | 6.0 | 7.1 | 7.8 | 7.4% |
| Poland | N/A | N/A | 0.5 | 0.9 | 80.0% |
| Others | 4.6 | 3.4 | 6.3 | 8.2 | 21.3% |
| Total | 106 | 85.5 | 122 | 138 | 9.2% |
Top Suppliers of Alloy Steel Powders to the United States in 2022:
- Canada (30.7K tons)
- Sweden (23.5K tons)
- Poland (1.4K tons)
- United Kingdom (1.1K tons)
- Germany (1.0K tons)
- Japan (0.9K tons)
Alloy Steel Powders Exports in the United States
In 2022, approx. 14K tons of alloy steel powderses were exported from the United States; reducing by -19.7% compared with 2021. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 14%.
In value terms, alloy steel powders exports stood at $82M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 21%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Alloy Steel Powders in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.8 | 13.8 | 14.1 | 14.3 | 9.8% |
| Germany | 19.6 | 12.2 | 12.4 | 11.3 | -16.8% |
| Italy | 9.5 | 5.3 | 6.6 | 11.0 | 5.0% |
| Taiwan (Chinese) | 9.3 | 8.6 | 15.4 | 8.2 | -4.1% |
| South Korea | 4.8 | 4.6 | 4.1 | 4.2 | -4.4% |
| United Kingdom | 4.2 | 2.9 | 3.6 | 4.1 | -0.8% |
| Canada | 1.1 | 1.0 | 2.2 | 3.0 | 39.7% |
| Spain | 1.6 | 0.7 | 2.1 | 3.0 | 23.3% |
| Mexico | 1.0 | 0.6 | 1.5 | 2.5 | 35.7% |
| India | 1.3 | 0.7 | 0.8 | 2.2 | 19.2% |
| Sweden | 2.4 | 3.2 | 7.2 | 2.1 | -4.4% |
| Denmark | N/A | N/A | N/A | 1.9 | 0% |
| Hong Kong SAR | 0.1 | 0.7 | 1.0 | 1.4 | 141.0% |
| Others | 15.6 | 12.4 | 10.2 | 12.4 | -7.4% |
| Total | 81.4 | 66.8 | 81.1 | 81.6 | 0.1% |
Top Export Markets for Alloy Steel Powders from the United States in 2022:
- China (4378.2 tons)
- Taiwan (Chinese) (1776.8 tons)
- Germany (1489.8 tons)
- South Korea (915.0 tons)
- Mexico (746.9 tons)
- Canada (609.7 tons)
- Spain (574.5 tons)
- Italy (370.6 tons)
- Hong Kong SAR (347.8 tons)
- India (343.5 tons)
- Denmark (330.7 tons)
- Sweden (316.4 tons)
- United Kingdom (288.4 tons)
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