U.S. - Iron Or Steel Plaited Bands And Slings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

U.S. - Iron Or Steel Plaited Bands And Slings - Market Analysis, Forecast, Size, Trends And Insights

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Steel Plaited Band Price in the United States - 2023

Contents:

  1. Steel Plaited Band Price in the United States (CIF) - 2023
  2. Steel Plaited Band Price in the United States (FOB) - 2023
  3. Steel Plaited Band Imports in the United States
  4. Steel Plaited Band Exports in the United States

Steel Plaited Band Price in the United States (CIF) - 2023

In July 2023, the average steel plaited band import price amounted to $3,027 per ton, dropping by -11.3% against the previous month. Over the period under review, the import price showed a pronounced slump. The pace of growth was the most pronounced in September 2022 when the average import price increased by 55% m-o-m. The import price peaked at $7,102 per ton in October 2022; however, from November 2022 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($14,810 per ton), while the price for Taiwan (Chinese) ($1,172 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Thailand (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Steel Plaited Band Price in the United States (FOB) - 2023

In July 2023, the average steel plaited band export price amounted to $5,893 per ton, rising by 9% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 27% month-to-month. As a result, the export price attained the peak level of $6,183 per ton. From January 2023 to July 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Romania ($28,474 per ton), while the average price for exports to Thailand ($3,314 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+32.6%), while the prices for the other major destinations experienced more modest paces of growth.

Steel Plaited Band Imports in the United States

Steel plaited band imports into the United States rose remarkably to 8.4K tons in 2022, growing by 9% on 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.2% 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 +57.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 45%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, steel plaited band imports skyrocketed to $40M in 2022. Overall, imports saw prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Steel Plaited Band in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand0.10.11.79.8361.0%
China7.75.57.87.5-0.9%
Germany2.01.11.73.823.9%
United Kingdom2.93.44.12.8-1.2%
Taiwan (Chinese)2.81.94.02.6-2.4%
MexicoN/A0.10.12.5400.0%
South Korea1.00.91.02.535.7%
Vietnam0.60.50.81.741.5%
Czech Republic1.10.20.31.22.9%
Spain0.60.60.30.2-30.7%
Others4.93.23.65.96.4%
Total23.717.425.240.319.4%

Top Suppliers of Steel Plaited Band to the United States in 2022:

  1. China (1959.8 tons)
  2. Taiwan (Chinese) (1719.5 tons)
  3. Thailand (1105.5 tons)
  4. South Korea (845.0 tons)
  5. Mexico (691.4 tons)
  6. Germany (672.6 tons)
  7. Vietnam (320.3 tons)
  8. United Kingdom (186.0 tons)
  9. Czech Republic (137.8 tons)
  10. Spain (30.4 tons)

Steel Plaited Band Exports in the United States

Steel plaited band exports from the United States skyrocketed to 5.2K tons in 2022, rising by 18% compared with 2021 figures. The total export volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 23% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, steel plaited band exports soared to $31M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Steel Plaited Band in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada5.04.67.19.222.5%
Mexico7.45.77.57.71.3%
Colombia3.53.84.37.428.3%
Others8.46.25.86.3-9.1%
Total24.220.424.830.58.0%

Top Export Markets for Steel Plaited Band from the United States in 2022:

  1. Canada (1.6K tons)
  2. Mexico (1.4K tons)
  3. Colombia (1.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the steel plaited band 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 25931150 - Iron or steel plaited bands, slings and the like (excluding electrically insulated)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Iron Or Steel Plaited Bands And Slings - United States