U.S. Rolling Mill And Other Metalworking Machinery Market. Analysis And Forecast to 2025
Update: COVID-19 Impact
U.S. Imports of Rolling Mills and Other Metalworking Machinery Grew Modestly with Acceleration in 2014-2015
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The U.S. ranks first in global imports of rolling mills and other metalworking machinery, accounting for an X% share (based on USD). It was followed by China (X%), Germany (X%), and Korea (X%). In 2015, U.S. rolling mill and other metalworking machinery imports totaled X million USD, which was X million USD (X%) more than the year before.
From 2007 to 2015, U.S. imports of rolling mills and other metalworking machinery showed mixed dynamics. Imports hiked in 2008, only to fall dramatically in 2009. Following a drop in 2009, imports stood stable the year after and recovered rapidly in 2011. Since 2012, imports began a modest upward trend, with acceleration in 2014-2015.
In 2011, U.S. rolling mill and other metalworking machinery imports overcame the pre-recession level of 2007, and continued to grow further.
The U.S. continues to be one of the biggest markets for global exporters.
Germany, Japan, China, Canada, and Mexico were the main suppliers of rolling mills and other metalworking machinery into the U.S., with a combined share of X% of total U.S. imports in 2015. China (+X% per year) and Mexico (+X% per year) were the fastest growing suppliers from 2007 to 2015. China significantly strengthened its position in the U.S. import structure, from X% in 2007 to X% in 2015. Mexico increased its share as well, from X% to X%. By contrast, Germany (-X percentage points) and Japan (-X percentage points) saw their shares reduced to X% and X%, respectively.
Over most of the period from 2007 to 2015, the U.S. was a net importer of rolling mills and other metalworking machinery. However, net imports recorded significant fluctuations since 2007, when an original trade surplus was followed by a deficit over the next six years. 2014 was marked by another short-term surplus, which sharply shifted to a trade deficit of X million USD in 2015.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the rolling mill 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 2025.
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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