U.S. - H-Sections Of Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Alloy Steel H-Sections Price in the United States - 2023
Contents:
- Non-Alloy Steel H-Sections Price in the United States (FOB) - 2023
- Non-Alloy Steel H-Sections Price in the United States (CIF) - 2023
- Non-Alloy Steel H-Sections Exports in the United States
- Non-Alloy Steel H-Sections Imports in the United States
Non-Alloy Steel H-Sections Price in the United States (FOB) - 2023
The average non-alloy steel h-sections export price stood at $1,263 per ton in September 2023, remaining constant against the previous month. Overall, the export price saw a noticeable curtailment. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 3% against the previous month. As a result, the export price attained the peak level of $1,647 per ton. From January 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In September 2023, the country with the highest price was Mexico ($1,548 per ton), while the average price for exports to Canada amounted to $1,258 per ton.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-1.2%).
Non-Alloy Steel H-Sections Price in the United States (CIF) - 2023
In September 2023, the average non-alloy steel h-sections import price amounted to $1,027 per ton, surging by 4.1% against the previous month. In general, the import price, however, continues to indicate a mild descent. The growth pace was the most rapid in May 2023 an increase of 19% m-o-m. The import price peaked at $1,350 per ton in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United Arab Emirates ($1,933 per ton), while the price for China ($564 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Alloy Steel H-Sections Exports in the United States
For the fourth year in a row, the United States recorded growth in overseas shipments of h-sections of of non-alloy steel, which increased by 0.9% to 238K tons in 2022. The total export volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 6.3% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, non-alloy steel h-sections exports skyrocketed to $384M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Non-Alloy Steel H-Sections in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 183 | 186 | 268 | 358 | 25.1% |
| Mexico | 4.7 | 8.8 | 10.3 | 21.1 | 65.0% |
| Others | 8.3 | 3.2 | 5.1 | 4.2 | -20.3% |
| Total | 196 | 198 | 283 | 384 | 25.1% |
Top Export Markets for Non-Alloy Steel H-Sections from the United States in 2022:
- Canada (221.1K tons)
- Mexico (14.0K tons)
Non-Alloy Steel H-Sections Imports in the United States
In 2022, approx. 276K tons of h-sections of of non-alloy steel were imported into the United States; growing by 20% compared with the year before. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, non-alloy steel h-sections imports skyrocketed to $329M in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 118%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Non-Alloy Steel H-Sections in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 84.7 | 58.8 | 97.5 | 197 | 32.5% |
| Mexico | 13.6 | 8.7 | 26.7 | 44.8 | 48.8% |
| United Arab Emirates | 16.6 | 10.4 | 32.8 | 43.7 | 38.1% |
| Luxembourg | 31.8 | 7.4 | 32.0 | 27.6 | -4.6% |
| Taiwan (Chinese) | 24.0 | 0.6 | N/A | N/A | -97.5% |
| Others | 5.2 | 2.4 | 3.8 | 15.8 | 44.8% |
| Total | 176 | 88.2 | 193 | 329 | 23.2% |
Top Suppliers of Non-Alloy Steel H-Sections to the United States in 2022:
- South Korea (157.5K tons)
- United Arab Emirates (45.0K tons)
- Mexico (42.2K tons)
- Luxembourg (20.1K tons)
This report provides an in-depth analysis of the non-alloy steel h-sections 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 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
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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