
U.S. - Sheet Piling Of Steel - Market Analysis, Forecast, Size, Trends And Insights
U.S. Steel Sheet Piling Import Soars 620% to $9.5M in April 2023
U.S. Steel Sheet Piling Imports
In April 2023, supplies from abroad of sheet piling of steel increased by 581% to 6.5K tons for the first time since January 2023, thus ending a two-month declining trend. Overall, imports recorded a relatively flat trend pattern.
In value terms, steel sheet piling imports soared to $9.5M (IndexBox estimates) in April 2023. In general, imports showed perceptible growth.
COUNTRY | Import Value of Steel Sheet Piling in U.S. (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
Luxembourg | 6.5 | 7.1 | 5.0 | 8.2 | N/A | 7.4 | 5.2 | 6.1 | 9.4 | 12.6 | 6.1 | 1.3 | 9.3 |
China | < 0.1 | 10.4 | 1.3 | < 0.1 | < 0.1 | < 0.1 | 11.4 | N/A | 6.7 | 10.2 | < 0.1 | N/A | 0.2 |
United Arab Emirates | 0.6 | N/A | 2.8 | < 0.1 | < 0.1 | N/A | 1.7 | 2.8 | N/A | 4.2 | N/A | N/A | N/A |
Others | 0.2 | 0.2 | < 0.1 | 0.2 | 2.7 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | N/A | < 0.1 | < 0.1 | < 0.1 |
Total | 7.3 | 17.8 | 9.2 | 8.5 | 2.7 | 7.5 | 18.4 | 8.9 | 16.1 | 27.0 | 6.2 | 1.3 | 9.5 |
Imports by Country
In April 2023, Luxembourg (6.3K tons) was the main supplier of steel sheet piling to the United States, accounting for a 97% share of total imports. It was followed by China (115 tons), with a 1.8% share of total imports.
From April 2022 to April 2023, the average monthly growth rate of volume from Luxembourg stood at +1.9%.
In value terms, Luxembourg ($9.3M) constituted the largest supplier of steel sheet piling to the United States, comprising 97% of total imports. The second position in the ranking was taken by China ($196K), with a 2.1% share of total imports.
From April 2022 to April 2023, the average monthly growth rate of value from Luxembourg totaled +3.0%.
Import Prices by Country
In April 2023, the steel sheet piling price stood at $1,463 per ton (CIF, US), growing by 5.7% against the previous month. Overall, import price indicated a modest increase from April 2022 to April 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, steel sheet piling import price decreased by -1.7% against February 2023 indices. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 129% m-o-m. Over the period under review, average import prices attained the maximum at $1,729 per ton in July 2022; however, from August 2022 to April 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In April 2023, the country with the highest price was China ($1,699 per ton), while the price for Luxembourg stood at $1,463 per ton.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the steel sheet piling 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.
-
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
-
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
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
- 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 2012–2022
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
- 9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2022
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
-
LIST OF TABLES
- Key Findings In 2022
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Per Capita Consumption In 2012-2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Origin, 2012–2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Destination, 2012–2022
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
- Trade Balance, In Physical Terms, 2012-2022
- Trade Balance, In Value Terms, 2012-2022
- Per Capita Consumption, 2012-2022
- 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, 2012–2022
- Production, In Value Terms, 2012–2022
- Imports, In Physical Terms, 2012–2022
- Imports, In Value Terms, 2012–2022
- Imports, In Physical Terms, By Country, 2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Origin, 2012–2022
- Exports, In Physical Terms, 2012–2022
- Exports, In Value Terms, 2012–2022
- Exports, In Physical Terms, By Country, 2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Destination, 2012–2022