U.S. Custom Roll Form Products Market. Analysis And Forecast to 2030
Update: COVID-19 Impact
Custom Roll Form Product Market - U.S. Growth in Custom Roll Form Product Consumption is Expected to Accelerate in the Medium Term
Photo: © maxxyustas / Bigstockphoto
From 2008 to 2015, the U.S. custom roll form product market showed mixed dynamics. A significant drop in 2009 was followed by growth over the next years, with exception of drops in 2013 and 2015. In 2015, the custom roll form product market amounted to X million USD.
U.S. growth in custom roll form product consumption is expected to accelerate to +X% (currently +X%) in the medium term amid moderate pace of manufacturing growth.
However, growth in consumption will be restrained by the uncertainty in the global economy triggered by plummeting oil prices, the slowing paces of China's economic growth, and collapsing stock markets at the beginning of 2016.
U.S. custom roll form product manufacturing illustrated dynamics similar to the global market dynamics over the last few years. In 2015, the value of shipments in the industry was X million USD.
Intense competition between importing countries, particularly China and Canada, has increasingly constrained industry performance during this period.
China and Canada were the main suppliers of custom roll form products in the U.S., with a combined X% share of total U.S. imports in 2015. However, the fastest growing suppliers were Italy (+X% per year) and the Republic of Korea (+X% per year) from 2007 to 2015. The Republic of Korea (+X percentage points) and China (+X percentage points) strengthened their positions in the U.S. import structure. By contrast, Brazil (-X percentage points) and Canada (-X percentage points) saw their shares reduced.
In 2015, the main destinations of U.S. custom roll form product exports were Canada (X%) and Mexico. The share exported to Mexico increased (+X percentage points), while the share sent to Canada illustrated negative dynamics (-X percentage points). The shares of the other countries remained relatively stable throughout the analyzed period.
Net U.S. imports of custom roll form products showed a mixed trend from 2007 to 2015. Net imports fell steadily from 2009 until the market gave way to a fall in 2011. However, imports began to rise over the next two years and grew to X million USD in 2015.
Do you want to know more about the U.S. custom roll form product market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- custom roll form product market share
- custom roll form product prices
- custom roll form product industry
- custom roll form product sales
- custom roll form product market forecast
- custom roll form product price forecast
- key custom roll form product producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the market for custom roll form product 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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