U.S. - Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBridge Price in the United States - 2023
Contents:
- Bridge Price in the United States (CIF) - 2022
- Bridge Price in the United States (FOB) - 2023
- Bridge Imports in the United States
- Bridge Exports in the United States
Bridge Price in the United States (CIF) - 2022
The average bridge import price stood at $2,665 per ton in 2022, jumping by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($4,381 per ton), while the price for Vietnam ($863 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Bridge Price in the United States (FOB) - 2023
The average bridge export price stood at $3,380 per ton in August 2023, declining by -11.8% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 57% against the previous month. Over the period under review, the average export prices reached the peak figure at $5,032 per ton in May 2023; however, from June 2023 to August 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In August 2023, the highest price was recorded for prices to Colombia ($4,058 per ton) and Chile ($3,936 per ton), while the average price for exports to Germany ($3,061 per ton) and Canada ($3,258 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bridge Imports in the United States
In 2022, purchases abroad of bridges, bridge sections, towers and lattice masts (of iron or steel) decreased by -34.9% to 184K tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 52%. As a result, imports reached the peak of 481K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, bridge imports fell dramatically to $491M in 2022. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, imports attained the peak of $969M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Bridge in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 111 | 197 | 149 | 142 | 8.6% |
South Korea | 154 | 109 | 62.1 | 94.2 | -15.1% |
China | 13.5 | 19.3 | 17.6 | 85.2 | 84.8% |
Turkey | 21.7 | 9.0 | 3.5 | 62.2 | 42.1% |
Mexico | 20.1 | 72.5 | 59.5 | 28.4 | 12.2% |
Argentina | N/A | 15.7 | 16.6 | 19.8 | 12.3% |
Malaysia | 28.6 | 115 | 175 | 10.1 | -29.3% |
India | 37.1 | 144 | 48.5 | 9.1 | -37.4% |
Spain | 27.1 | 117 | 19.1 | 9.1 | -30.5% |
Indonesia | 127 | 76.5 | 53.0 | 6.4 | -63.1% |
Vietnam | 108 | 3.5 | N/A | N/A | -96.8% |
Others | 49.2 | 91.5 | 35.7 | 24.5 | -20.7% |
Total | 697 | 969 | 639 | 491 | -11.0% |
Top Suppliers of Bridge to the United States in 2022:
- Vietnam (undefinedK tons)
- China (54.8K tons)
- South Korea (35.2K tons)
- Canada (32.5K tons)
- Turkey (27.1K tons)
- Argentina (6.6K tons)
- Mexico (6.5K tons)
- India (6.3K tons)
- Indonesia (3.9K tons)
- Malaysia (3.4K tons)
- Spain (3.2K tons)
Bridge Exports in the United States
After two years of decline, shipments abroad of bridges, bridge sections, towers and lattice masts (of iron or steel) increased by 51% to 22K tons in 2022. Overall, exports, however, continue to indicate a abrupt curtailment.
In value terms, bridge exports skyrocketed to $93M in 2022. Over the period under review, exports, however, showed a deep reduction.
Export of Bridge in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 48.2 | 21.1 | 23.4 | 48.5 | 0.2% |
Panama | 0.3 | 0.1 | 0.2 | 5.7 | 166.8% |
United Kingdom | 0.2 | 0.1 | 0.6 | 4.4 | 180.2% |
Malaysia | N/A | N/A | 0.9 | 4.3 | 377.8% |
Dominican Republic | 0.7 | 0.5 | 1.6 | 4.3 | 83.1% |
Norway | N/A | N/A | N/A | 3.4 | 0% |
Mexico | 1.8 | 1.9 | 1.6 | 3.1 | 19.9% |
Japan | 8.0 | 0.2 | 0.1 | 0.8 | -53.6% |
Italy | 6.7 | 1.8 | 1.4 | 0.6 | -55.3% |
Zambia | 42.9 | N/A | N/A | N/A | 0% |
Others | 32.4 | 39.6 | 24.5 | 17.7 | -18.3% |
Total | 141 | 65.4 | 54.3 | 92.8 | -13.0% |
Top Export Markets for Bridge from the United States in 2022:
- Canada (11.9K tons)
- Panama (1.7K tons)
- Norway (1.5K tons)
- Mexico (0.8K tons)
- Malaysia (0.8K tons)
- United Kingdom (0.7K tons)
- Dominican Republic (0.7K tons)
- Japan (0.3K tons)
- Italy (0.1K tons)
This report provides an in-depth analysis of the bridge 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.
Product coverage:
- Prodcom 25112100 - Iron or steel bridges and bridge-sections
- Prodcom 25112200 - Iron or steel towers and lattice masts
Country coverage:
- United States
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- 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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for bridge construction and their key statistics. Find out which countries are leading the way in bridge imports, backed by data from IndexBox market intelligence.
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