U.S. Nonferrous metal (except copper and aluminum) rolling, drawing, and extruding Market. Analysis And Forecast to 2030
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View PricingPrice for Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding in the United States - 2023
Contents:
- Price for Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding in the United States (CIF) - 2022
- Price for Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding in the United States (FOB) - 2023
- Imports of Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding in the United States
- Exports of Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding in the United States
Price for Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding in the United States (CIF) - 2022
The average import price for nonferrous metal (except copper and aluminum) rolling, drawing, and extruding stood at $319,098 per ton in 2022, rising by 6.6% against the previous year. In general, the import price posted resilient growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 758% against the previous year. As a result, import price reached the peak level of $628,527 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($873,673 per ton), while the price for India ($11,436 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+28.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding in the United States (FOB) - 2023
In November 2023, the average export price for nonferrous metal (except copper and aluminum) rolling, drawing, and extruding amounted to $63,217 per ton, increasing by 13% against the previous month. Overall, the export price, however, recorded a mild decrease. Over the period under review, the average export prices hit record highs at $74,604 per ton in November 2022; however, from December 2022 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was South Korea ($167K per ton), while the average price for exports to India ($11,559 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding in the United States
Imports of nonferrous metal (except copper and aluminum) rolling, drawing, and extruding into the United States skyrocketed to 70K tons in 2022, jumping by 19% against the previous year's figure. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nonferrous metal (except copper and aluminum) rolling, drawing, and extruding skyrocketed to $22.3B in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 648% against the previous year. As a result, imports attained the peak of $35.4B. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,692 | 2,173 | 2,916 | 2,875 | 19.3% |
| United Kingdom | 201 | 1,081 | 622 | 1,379 | 90.0% |
| Germany | 478 | 529 | 501 | 622 | 9.2% |
| South Korea | 63.3 | 318 | 524 | 422 | 88.2% |
| Mexico | 165 | 129 | 170 | 269 | 17.7% |
| France | 214 | 186 | 190 | 262 | 7.0% |
| China | 188 | 158 | 181 | 236 | 7.9% |
| Italy | 64.5 | 234 | 296 | 217 | 49.8% |
| Japan | 99.8 | 136 | 98.5 | 199 | 25.9% |
| Sweden | 84.1 | 80.2 | 101 | 143 | 19.4% |
| Russia | 273 | 271 | 297 | 129 | -22.1% |
| India | 29.8 | 20.2 | 81.1 | 46.2 | 15.7% |
| Finland | 25.4 | 17.3 | 34.2 | 36.6 | 12.9% |
| Others | 1,157 | 30,061 | 11,576 | 15,479 | 137.4% |
| Total | 4,734 | 35,393 | 17,587 | 22,314 | 67.7% |
Top Suppliers of Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding to the United States in 2022:
- China (15.4K tons)
- Germany (9.7K tons)
- France (5.5K tons)
- India (4.0K tons)
- United Kingdom (3.4K tons)
- Canada (3.3K tons)
- Sweden (3.2K tons)
- Mexico (3.1K tons)
- Russia (3.0K tons)
- Finland (2.8K tons)
- Italy (2.7K tons)
- Japan (2.6K tons)
- South Korea (1.8K tons)
Exports of Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding in the United States
In 2022, exports of nonferrous metal (except copper and aluminum) rolling, drawing, and extruding from the United States rose to 99K tons, picking up by 3.3% against the previous year. In general, exports, however, recorded a noticeable reduction.
In value terms, exports of nonferrous metal (except copper and aluminum) rolling, drawing, and extruding expanded markedly to $9B in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.8% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,021 | 1,697 | 2,604 | 2,642 | 37.3% |
| China | 531 | 529 | 614 | 707 | 10.0% |
| Mexico | 654 | 525 | 635 | 658 | 0.2% |
| South Korea | 231 | 292 | 324 | 591 | 36.8% |
| United Kingdom | 434 | 567 | 432 | 586 | 10.5% |
| Germany | 473 | 363 | 354 | 450 | -1.6% |
| France | 565 | 325 | 234 | 395 | -11.2% |
| Taiwan (Chinese) | 108 | 187 | 301 | 366 | 50.2% |
| Japan | 478 | 391 | 254 | 241 | -20.4% |
| Belgium | 219 | 97.0 | 86.1 | 155 | -10.9% |
| India | 129 | 78.8 | 106 | 113 | -4.3% |
| Italy | 111 | 111 | 89.5 | 89.5 | -6.9% |
| United Arab Emirates | 27.3 | 19.4 | 40.0 | 36.8 | 10.5% |
| Others | 1,158 | 1,348 | 2,101 | 1,987 | 19.7% |
| Total | 6,140 | 6,529 | 8,175 | 9,017 | 13.7% |
Top Export Markets for Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding from the United States in 2022:
- Mexico (19.1K tons)
- China (11.8K tons)
- Canada (11.5K tons)
- United Kingdom (7.9K tons)
- France (6.1K tons)
- Germany (5.7K tons)
- India (5.0K tons)
- Japan (3.5K tons)
- South Korea (3.1K tons)
- Taiwan (Chinese) (2.6K tons)
- Belgium (2.5K tons)
- Italy (2.0K tons)
- United Arab Emirates (1.7K tons)
This report provides an in-depth analysis of the market for nonferrous metal (except copper and aluminum) rolling, drawing, and extruding 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 331491 - Nonferrous metal (except copper and aluminum) rolling, drawing, and extruding
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
-
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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