U.S. - Angles, Shapes And Sections Of Stainless Steel Or Other Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStainless Steel Angle Price in the United States - 2023
Contents:
- Stainless Steel Angle Price in the United States (CIF) - 2023
- Stainless Steel Angle Price in the United States (FOB) - 2023
- Stainless Steel Angle Imports in the United States
- Stainless Steel Angle Exports in the United States
Stainless Steel Angle Price in the United States (CIF) - 2023
The average stainless steel angle import price stood at $1,786 per ton in August 2023, surging by 2.2% against the previous month. Over the period under review, the import price saw a slight increase. The most prominent rate of growth was recorded in May 2023 an increase of 111% m-o-m. The import price peaked at $3,722 per ton in June 2023; however, from July 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 India ($4,859 per ton), while the price for Luxembourg ($936 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 the UK (+0.3%), while the prices for the other major suppliers experienced a decline.
Stainless Steel Angle Price in the United States (FOB) - 2023
In August 2023, the average stainless steel angle export price amounted to $5,199 per ton, jumping by 48% against the previous month. Overall, export price indicated a modest expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, stainless steel angle export price decreased by -17.2% against April 2023 indices. Over the period under review, the average export prices reached the maximum at $6,279 per ton in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($12,128 per ton), while the average price for exports to Mexico ($2,189 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Stainless Steel Angle Imports in the United States
In 2022, the amount of angles, shapes and sections of stainless steel or other alloy steel imported into the United States soared to 137K tons, surging by 144% against the previous year's figure. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, stainless steel angle imports soared to $240M in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Stainless Steel Angle in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 20.3 | 9.5 | 24.1 | 77.7 | 56.4% |
Spain | 2.3 | 0.3 | N/A | 47.1 | 173.6% |
India | 33.9 | 28.3 | 50.5 | 44.9 | 9.8% |
Luxembourg | 18.0 | 2.7 | 9.2 | 28.6 | 16.7% |
Italy | 7.8 | 8.0 | 12.5 | 8.8 | 4.1% |
Canada | 4.7 | 3.9 | 4.7 | 4.1 | -4.5% |
Others | 24.6 | 16.7 | 20.4 | 28.6 | 5.2% |
Total | 112 | 69.4 | 121 | 240 | 28.9% |
Top Suppliers of Stainless Steel Angle to the United States in 2022:
- United Kingdom (53.9K tons)
- Spain (39.8K tons)
- Luxembourg (25.2K tons)
- India (9.3K tons)
- Canada (2.6K tons)
- Italy (1.2K tons)
Stainless Steel Angle Exports in the United States
In 2022, the amount of angles, shapes and sections of stainless steel or other alloy steel exported from the United States reached 18K tons, with an increase of 12% against the previous year. The total export volume increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, stainless steel angle exports soared to $65M in 2022. Over the period under review, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Stainless Steel Angle in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 13.2 | 13.2 | 16.8 | 17.0 | 8.8% |
Mexico | 8.4 | 9.1 | 14.2 | 15.1 | 21.6% |
Israel | 0.1 | 0.2 | 0.3 | 11.2 | 382.0% |
Costa Rica | 2.1 | 1.3 | 2.1 | 2.9 | 11.4% |
Panama | 0.1 | 0.4 | 0.5 | 0.9 | 108.0% |
Japan | 0.2 | 0.1 | 0.1 | 0.6 | 44.2% |
India | 0.9 | 0.1 | 0.2 | 0.2 | -39.4% |
Others | 13.3 | 9.3 | 12.2 | 17.2 | 8.9% |
Total | 38.4 | 33.6 | 46.4 | 65.1 | 19.2% |
Top Export Markets for Stainless Steel Angle from the United States in 2022:
- Mexico (6.2K tons)
- Canada (5.1K tons)
- Israel (3.8K tons)
- Costa Rica (0.4K tons)
- Japan (0.4K tons)
- Panama (0.3K tons)
- India (0.1K tons)
This report provides an in-depth analysis of the stainless steel angle 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 24107200 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of stainless steel
- Prodcom 24107300 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of other alloy steel
- Prodcom 24312050 - Sections, of alloy steel other than stainless, cold-finished or cold-formed (e.g. by cold-drawing)
- Prodcom 24331200 - Cold-formed sections, obtained from flat products, of stainless 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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