U.S. - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThreaded Metal Articles Price in the United States - 2023
Contents:
- Threaded Metal Articles Price in the United States (FOB) - 2022
- Threaded Metal Articles Price in the United States (CIF) - 2023
- Threaded Metal Articles Exports in the United States
- Threaded Metal Articles Imports in the United States
Threaded Metal Articles Price in the United States (FOB) - 2022
In 2022, the average threaded metal articles export price amounted to $7,109 per ton, with an increase of 10% against the previous year. In general, the export price, however, recorded a abrupt setback. Over the period under review, the average export prices hit record highs at $13,227 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($18,587 per ton), while the average price for exports to Canada ($2,830 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Threaded Metal Articles Price in the United States (CIF) - 2023
The average threaded metal articles import price stood at $6,640 per ton in August 2023, increasing by 13% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 35% against the previous month. As a result, import price reached the peak level of $10,926 per ton. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($18,935 per ton), while the price for Sri Lanka ($1,292 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 (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Threaded Metal Articles Exports in the United States
In 2022, after three years of growth, there was significant decline in shipments abroad of threaded articles of iron or steel, when their volume decreased by -42.2% to 36K tons. Over the period under review, exports, however, recorded notable growth. The growth pace was the most rapid in 2021 when exports increased by 48% against the previous year. As a result, the exports reached the peak of 63K tons, and then fell rapidly in the following year.
In value terms, threaded metal articles exports dropped significantly to $259M in 2022. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 9.2%.
| Export of Threaded Metal Articles in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 46.1 | 44.2 | 45.1 | 59.8 | 9.1% |
| Canada | 247 | 200 | 235 | 47.8 | -42.2% |
| China | 13.0 | 12.7 | 19.4 | 21.7 | 18.6% |
| Singapore | 7.2 | 8.5 | 8.1 | 13.9 | 24.5% |
| France | 16.8 | 16.2 | 7.2 | 13.4 | -7.3% |
| Germany | 15.4 | 16.7 | 12.3 | 10.3 | -12.5% |
| United Kingdom | 9.4 | 12.3 | 9.0 | 9.1 | -1.1% |
| Japan | 6.6 | 5.7 | 3.6 | 8.7 | 9.6% |
| Brazil | 1.8 | 2.2 | 2.7 | 5.1 | 41.5% |
| Australia | 2.7 | 1.6 | 2.2 | 3.6 | 10.1% |
| Poland | 1.8 | 1.6 | 2.7 | 3.3 | 22.4% |
| Others | 49.0 | 51.4 | 59.9 | 62.1 | 8.2% |
| Total | 417 | 373 | 407 | 259 | -14.7% |
Top Export Markets for Threaded Metal Articles from the United States in 2022:
- Canada (16.9K tons)
- Mexico (5.2K tons)
- Germany (1.3K tons)
- Singapore (1.2K tons)
- China (1.2K tons)
- Poland (1.1K tons)
- Australia (0.9K tons)
- United Kingdom (0.9K tons)
- Brazil (0.8K tons)
- France (0.8K tons)
- Japan (0.7K tons)
Threaded Metal Articles Imports in the United States
In 2022, imports of threaded articles of iron or steel into the United States skyrocketed to 24K tons, picking up by 45% against 2021 figures. Overall, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, threaded metal articles imports soared to $169M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Threaded Metal Articles in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 36.6 | 25.3 | 31.1 | 52.3 | 12.6% |
| Taiwan (Chinese) | 24.1 | 18.2 | 16.9 | 23.6 | -0.7% |
| Germany | 12.8 | 11.4 | 14.9 | 18.3 | 12.7% |
| India | 3.7 | 2.1 | 4.3 | 7.9 | 28.8% |
| Canada | 4.7 | 7.5 | 4.9 | 6.2 | 9.7% |
| Japan | 7.5 | 5.7 | 5.6 | 6.1 | -6.7% |
| Vietnam | 1.5 | 1.8 | 2.5 | 4.1 | 39.8% |
| Mexico | 3.6 | 3.2 | 3.2 | 3.1 | -4.9% |
| Denmark | 1.3 | 0.4 | 2.4 | 2.5 | 24.4% |
| Others | 26.8 | 21.6 | 30.4 | 44.6 | 18.5% |
| Total | 123 | 97.2 | 116 | 169 | 11.2% |
Top Suppliers of Threaded Metal Articles to the United States in 2022:
- China (11.3K tons)
- India (3.9K tons)
- Taiwan (Chinese) (3.6K tons)
- Germany (1.2K tons)
- Canada (0.5K tons)
- Denmark (0.5K tons)
- Vietnam (0.5K tons)
- Mexico (0.3K tons)
- Japan (0.3K tons)
This report provides an in-depth analysis of the threaded metal articles 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 25941190 - Threaded articles, n.e.c., of iron or 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
-
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
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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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