U.S. Motor vehicle metal stamping Market. Analysis And Forecast to 2030
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View PricingPrice for Motor Vehicle Metal Stamping in the United States - 2023
Contents:
- Price for Motor Vehicle Metal Stamping in the United States (FOB) - 2022
- Price for Motor Vehicle Metal Stamping in the United States (CIF) - 2023
- Exports of Motor Vehicle Metal Stamping in the United States
- Imports of Motor Vehicle Metal Stamping in the United States
Price for Motor Vehicle Metal Stamping in the United States (FOB) - 2022
In 2022, the average motor vehicle metal stamping export price amounted to $64,377 per ton, increasing by 34% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +12.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($45,649 per ton), while the average price for exports to China ($7,330 per ton) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+66.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Motor Vehicle Metal Stamping in the United States (CIF) - 2023
The average motor vehicle metal stamping import price stood at $14,814 per ton in August 2023, increasing by 5.8% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 8.2% month-to-month. The import price peaked at $15,183 per ton in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($46,788 per ton), while the price for Japan ($7,121 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Motor Vehicle Metal Stamping in the United States
In 2022, shipments abroad of motor vehicle metal stamping decreased by -25.7% to 18K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. As a result, the exports reached the peak of 25K tons, and then shrank significantly in the following year.
In value terms, motor vehicle metal stamping exports fell slightly to $1.2B in 2022. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 4.4%.
Export of Motor Vehicle Metal Stamping in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Mexico | 550 | 712 | 593 | 3.8% | |
Germany | 14.1 | 15.9 | 22.3 | 25.8% | |
China | 41.1 | 19.8 | 16.2 | -37.2% | |
South Korea | 5.6 | 11.5 | 6.4 | 6.9% | |
Spain | 14.5 | 4.7 | 5.9 | -36.2% | |
Japan | 5.6 | 6.7 | 4.3 | -12.4% | |
Others | 502 | 413 | 529 | 2.7% | |
Total | 1,133 | 1,183 | 1,178 | 2.0% |
Top Export Markets for Motor Vehicle Metal Stamping from the United States in 2022:
- Mexico (13.0K tons)
- China (2.2K tons)
- Germany (0.6K tons)
- Spain (0.4K tons)
- Japan (0.3K tons)
- South Korea (0.2K tons)
Imports of Motor Vehicle Metal Stamping in the United States
For the fourth year in a row, the United States recorded growth in purchases abroad of motor vehicle metal stamping, which increased by 16% to 76K tons in 2022. Over the period under review, imports showed a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 17%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, motor vehicle metal stamping imports surged to $1.1B in 2022. In general, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Motor Vehicle Metal Stamping in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Mexico | 99.8 | 139 | 368 | 92.0% | |
Canada | 188 | 223 | 316 | 29.6% | |
Taiwan (Chinese) | 132 | 134 | 172 | 14.2% | |
Germany | 34.2 | 50.8 | 57.5 | 29.7% | |
South Korea | 34.7 | 32.7 | 51.9 | 22.3% | |
China | 33.1 | 39.5 | 36.9 | 5.6% | |
Japan | 18.8 | 25.4 | 32.7 | 31.9% | |
Others | 32.4 | 42.0 | 67.4 | 44.2% | |
Total | 573 | 686 | 1,103 | 38.7% |
Top Suppliers of Motor Vehicle Metal Stamping to the United States in 2022:
- Mexico (27.6K tons)
- Canada (19.5K tons)
- Germany (6.4K tons)
- South Korea (5.5K tons)
- China (5.2K tons)
- Taiwan (Chinese) (4.0K tons)
- Japan (2.9K tons)
This report provides an in-depth analysis of the market for motor vehicle metal stamping 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:
- NAICS 336370 - Motor vehicle metal stamping
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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