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U.S. Steel Wire Market. Analysis And Forecast to 2025
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Article Publishing Date: May 2, 2017

U.S. Steel Wire Market Reached 6,4B USD in 2015

Photo: © AndreyPopov / Bigstockphoto

According to market research conducted by IndexBox, from 2008 to 2015, the U.S. steel wire market showed a declining trend. For two years, following an outstanding drop by X% in 2009, the market recovered at rapid paces. However, it still did not reach its pre-crisis level. In 2012, the market fell once again, stagnating until 2015. Finally, the market decreased to X million USD in 2015, which was X million USD (or X%) less than the year before.

Despite the recovery of downstream industries, U.S. growth in steel wire consumption is expected to continue decreasing by -X% (currently -X%) in the medium term, as consumption of steel wire declines in favor of more suitable substitutes.

U.S. steel wire manufacturing markedly decreased after three years of being stable, amounting to about X million USD in 2015. An abrupt fall in 2009 was followed by steady growth over the next two years. However, the value of shipments failed to recover to its pre-recession level. Another sharp drop occurred in 2012, followed by stabilization through to 2015, when the value of shipments declined again. As the market outlook is likely to be weak, the U.S. steel wire manufacturing is can hardly be expected to recover to its peak level in the near foreseen future.

In 2015, U.S. steel wire imports totaled X million USD in value. Imports grew steadily from 2010 to 2012 and then leveled off through to 2015. In physical terms, however, steel wire imports posted solid gains, accelerating by 2015. Intense competition from low-cost imports, particularly from China and Mexico, had increasingly constrained industry performance during this period. As a result, the share of imports in consumption had reached X% by 2015.

The U.S. exported X million USD of steel wire in 2015, which accounted for about X% of total U.S. steel wire output. The export value seesawed from 2011 to 2015. Meanwhile, a steeper decline in exports was recorded in physical terms. Canada (X%) and Mexico (X%) were the main destinations of U.S. steel wire exports in 2015. The share exported to Mexico increased (+X percentage points), while the share sent to Canada remained relatively stable throughout the analyzed period.

Do you want to know more about the U.S. steel wire market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • steel wire market share
  • steel wire prices
  • steel wire industry
  • steel wire sales
  • steel wire market forecast
  • steel wire price forecast
  • key steel wire producers

Source: IndexBox Platform

Product coverage:
• NAICS 3311109 - Steel wire, including galvanized and other coated wire, made in steel mills producing wire rods or hot rolled bars
• NAICS 331222 - Steel wire drawing

This report provides an in-depth analysis of the steel wire 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.


Companies mentioned:
• Fort Wayne Metals Research Products Corp
• Bekaert Corporation
• Master-Halco, Gafp
• Insteel Industries
• Taubensee Steel & Wire Company
• The Heico Companies L L C
• Suncoast Post-Tension
• Southwestern Wire
• Draka Elevator Products
• Zapp Precision Wire
• Tappan Wire & Cable Inc.
• Tokusen U.S.A., Hamrock
• Davis Wire Corporation
• Laclede Chain Manufacturing Company
• National-Standard
• Owl Wire & Cable
• Barrette Outdoor Living
• Loos & Co.
• Mount Joy Wire Corporation
• Central Wire
• Tree Island Wire (usa)
• American Manufacturing
• United Wire Hanger Corp
• Bekaert North America Management Corporation
• Insteel Wire Products Company
• National Material Company
• The Gehr Group

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013-2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013-2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013-2020
Figure 5:
Trade Balance, In Physical Terms, 2013-2020
Figure 6:
Trade Balance, In Value Terms, 2013-2020
Figure 7:
Per Capita Consumption, 2013-2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020

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