Northern America: Market for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm in Northern America

The North American market for aluminium plates, sheets and strip of thickness over X mm declined modestly to $X in 2023, with a decrease of X% against the previous year. The total consumption indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Production of Aluminium Plates, Sheets and Strip of Thickness over X mm in Northern America

In value terms, production of aluminium plates, sheets and strip of thickness over X mm declined modestly to $X in 2023 estimated in export price. The total production indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

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Exports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Exports in Northern America

In 2023, the amount of aluminium plates, sheets and strip of thickness over X mm exported in Northern America expanded to X tons, growing by X% against the year before. Over the period under review, exports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of X tons. From 2015 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of aluminium plates, sheets and strip of thickness over X mm fell to $X in 2023. In general, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

The United States prevails in mm structure, finishing at X tons, which was near X% of total exports in 2023. It was distantly followed by Canada (X tons), generating a X% share of total exports.

The United States was also the fastest-growing in terms of the aluminium plates, sheets and strip of thickness over X mm exports, with a CAGR of X% from 2012 to 2023. Canada (X%) illustrated a downward trend over the same period. The United States (X p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the United States ($X) remains the largest aluminium plate, sheet and strip of thickness over X mm supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in the United States totaled X%.

Export Prices by Country

In 2023, the export price in Northern America amounted to $X per ton, with a decrease of X% against the previous year. Export price indicated a tangible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for aluminium plates, sheets and strip of thickness over X mm increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Imports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Imports in Northern America

After two years of growth, purchases abroad of aluminium plates, sheets and strip of thickness over X mm decreased by X% to X tons in 2023. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2014 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, imports of aluminium plates, sheets and strip of thickness over X mm dropped significantly to $X in 2023. In general, imports showed a drastic downturn. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

The United States represented the main importing country with an import of around X tons, which amounted to X% of total imports. It was distantly followed by Canada (X tons), generating a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to aluminium plate, sheet and strip of thickness over X mm imports into the United States stood at X%. Canada (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Canada increased by X percentage points.

In value terms, the United States ($X) constitutes the largest market for imported aluminium plates, sheets and strip of thickness over X mm in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

In the United States, imports of aluminium plates, sheets and strip of thickness over X mm plunged by an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Northern America amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2023, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform