U.S. Secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum) Market. Analysis And Forecast to 2030
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum) in the United States - 2023
Contents:
- Price for Secondary Smelting, Refining, and Alloying of Nonferrous Metal (Except Copper and Aluminum) in the United States (CIF) - 2022
- Price for Secondary Smelting, Refining, and Alloying of Nonferrous Metal (Except Copper and Aluminum) in the United States (FOB) - 2022
- Imports of Secondary Smelting, Refining, and Alloying of Nonferrous Metal (Except Copper and Aluminum) in the United States
- Exports of Secondary Smelting, Refining, and Alloying of Nonferrous Metal (Except Copper and Aluminum) in the United States
Price for Secondary Smelting, Refining, and Alloying of Nonferrous Metal (Except Copper and Aluminum) in the United States (CIF) - 2022
The average import price for secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum) stood at $31,412 per ton in 2022, picking up by 63% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained 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 Japan ($109,327 per ton), while the price for Mexico ($2,297 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Secondary Smelting, Refining, and Alloying of Nonferrous Metal (Except Copper and Aluminum) in the United States (FOB) - 2022
The average export price for secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum) stood at $77,997 per ton in 2022, reducing by -10.9% against the previous year. In general, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 43% against the previous year. The export price peaked at $111,465 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($277,125 per ton), while the average price for exports to New Zealand ($3,877 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Secondary Smelting, Refining, and Alloying of Nonferrous Metal (Except Copper and Aluminum) in the United States
For the fourth consecutive year, the United States recorded growth in purchases abroad of secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum), which increased by 1.2% to 26K tons in 2022. The total import volume increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 9.8%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum) skyrocketed to $823M in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Secondary Smelting, Refining, and Alloying of Nonferrous Metal (Except Copper and Aluminum) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 105 | 77.6 | 172 | 275 | 37.8% |
| Germany | 94.4 | 100 | 124 | 126 | 10.1% |
| China | 76.9 | 51.0 | 49.0 | 78.9 | 0.9% |
| Austria | 12.2 | 10.3 | 19.6 | 36.2 | 43.7% |
| United Kingdom | 15.5 | 9.9 | 13.8 | 33.2 | 28.9% |
| Russia | 6.1 | 2.7 | 5.7 | 23.3 | 56.3% |
| Belgium | 17.8 | 16.7 | 17.3 | 18.0 | 0.4% |
| Australia | 4.7 | 4.1 | 3.9 | 9.8 | 27.8% |
| Taiwan (Chinese) | 1.3 | 2.0 | 2.9 | 9.4 | 93.4% |
| Mexico | 1.8 | 0.2 | 0.8 | 1.6 | -3.9% |
| Others | 92.2 | 70.7 | 87.0 | 211 | 31.8% |
| Total | 427 | 345 | 496 | 823 | 24.4% |
Top Suppliers of Secondary Smelting, Refining, and Alloying of Nonferrous Metal (Except Copper and Aluminum) to the United States in 2022:
- Canada (8.9K tons)
- Germany (5.5K tons)
- Belgium (2.9K tons)
- Austria (2.0K tons)
- Taiwan (Chinese) (0.9K tons)
- China (0.9K tons)
- Russia (0.8K tons)
- Mexico (0.7K tons)
- United Kingdom (0.7K tons)
- Australia (0.4K tons)
Exports of Secondary Smelting, Refining, and Alloying of Nonferrous Metal (Except Copper and Aluminum) in the United States
In 2022, shipments abroad of secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum) decreased by -5.5% to 9.4K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 25%. As a result, the exports reached the peak of 12K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum) dropped rapidly to $734M in 2022. The total export value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. As a result, the exports attained the peak of $871M, and then declined notably in the following year.
| Export of Secondary Smelting, Refining, and Alloying of Nonferrous Metal (Except Copper and Aluminum) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 73.7 | 80.3 | 112 | 102 | 11.4% |
| China | 43.1 | 78.0 | 98.8 | 85.0 | 25.4% |
| Canada | 26.7 | 28.4 | 45.1 | 62.8 | 33.0% |
| Singapore | 84.6 | 64.4 | 60.3 | 53.7 | -14.1% |
| South Korea | 29.6 | 36.1 | 53.0 | 52.5 | 21.0% |
| Japan | 43.2 | 45.0 | 50.4 | 50.5 | 5.3% |
| Germany | 30.3 | 26.9 | 39.8 | 45.7 | 14.7% |
| India | 9.0 | 15.4 | 27.1 | 26.3 | 43.0% |
| Belgium | 4.0 | 8.5 | 12.8 | 9.1 | 31.5% |
| Brazil | 5.6 | 5.2 | 6.2 | 7.0 | 7.7% |
| Israel | 5.0 | 6.3 | 8.1 | 4.0 | -7.2% |
| Thailand | 2.2 | 1.2 | 1.9 | 3.5 | 16.7% |
| New Zealand | 0.2 | 0.2 | 0.2 | 0.7 | 51.8% |
| Others | 234 | 312 | 356 | 230 | -0.6% |
| Total | 592 | 708 | 871 | 734 | 7.4% |
Top Export Markets for Secondary Smelting, Refining, and Alloying of Nonferrous Metal (Except Copper and Aluminum) from the United States in 2022:
- China (2744.5 tons)
- Canada (1486.5 tons)
- Mexico (944.4 tons)
- South Korea (640.2 tons)
- Germany (442.4 tons)
- India (315.8 tons)
- Singapore (265.7 tons)
- Israel (231.4 tons)
- Thailand (211.6 tons)
- Belgium (210.1 tons)
- New Zealand (184.9 tons)
- Japan (182.3 tons)
- Brazil (160.2 tons)
This report provides an in-depth analysis of the market for secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum) 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 331492 - Secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum)
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
506
This report provides an in-depth analysis of the market for secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum) in the U.S..
987
This report provides an in-depth analysis of the market for iron and steel pipe in the U.S..
1493
This report provides an in-depth analysis of the steel wire market in the U.S..
923
This report provides an in-depth analysis of the steel foundry market in the U.S..
1590
This report provides an in-depth analysis of the secondary aluminum market in the U.S..
928
This report provides an in-depth analysis of the nonferrous metal market in the U.S..
920
This report provides an in-depth analysis of the market for nonferrous metal die-casting foundry in the U.S..
1243
This report provides an in-depth analysis of the market for iron, steel and ferroalloy in the U.S..
866
This report provides an in-depth analysis of the iron foundry market in the U.S..
784
This report provides an in-depth analysis of the rolled steel shape market in the U.S..
331
The value of imports for Iron And Steel Pipe significantly decreased to $1.5M in August 2023.
155
In February of 2023, the price of iron and steel pipes per ton (CIF, US) was $2,940, a decrease of -5.5% compared to the previous month.
366
Steel Wire imports declined to $179M in June 2023.
769
Discover the latest update on US steel wire prices, as they experience a modest decline to $1,830 per ton, and learn about factors influencing the market
794
In August 2022, the steel wire price per ton amounted to $2.0K (CIF, US), stabilizing at the previous month.
1044
The revenue of the steel wire market in the U.S. amounted to $3.2B in 2018, surging by 14% against the previous year. This...
971
In 2016, in terms of wholesale prices, the market of steel wire stood at $X. From 2008 to 2016, the U.S. steel wire market indicated a mixed trend pattern. It dropped by X% to the bottom level of $X followed by recovery over the next two years,
1145
The steel wire market decreased to X million USD in 2015, which was X million USD (or X%) less than the year before.
1246
The U.S. dominates in global imports of steel wire, accounting for a X% share (based on USD). It was followed by Germany (X%), France (X%), and Japan (X%). In 2015, U.S. steel wire imports totaled X million USD, which
1430
China was the main supplier of steel wire into the U.S., with a X% share of total U.S. imports in 2014. However, the fastest growing suppliers were Mexico (+X% per year) and Japan (+X% per year) in total imports from 2007 to 2014.
