Report Northern America - Railway Material of Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Northern America - Railway Material of Steel - Market Analysis, Forecast, Size, Trends and Insights
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Northern America: Steel Railway Material Market 2022

Steel Railway Material Market Size in Northern America

The North American steel railway material market declined to $X in 2021, almost unchanged from the previous year. Overall, consumption showed a pronounced decrease. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Steel Railway Material Production in Northern America

In value terms, steel railway material production rose to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 7.2% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Steel Railway Material Exports

Exports in Northern America

In 2021, after two years of decline, there was significant growth in shipments abroad of railway material of steel, when their volume increased by 22% to X tons. In general, exports, however, continue to indicate a pronounced reduction. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, steel railway material exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a perceptible slump. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States was the major exporting country with an export of about X tons, which recorded 88% of total exports. It was distantly followed by Canada (X tons), committing a 12% share of total exports.

The United States was also the fastest-growing in terms of the railway material of steel exports, with a CAGR of -2.9% from 2012 to 2021. Canada (-12.0%) illustrated a downward trend over the same period. While the share of the United States (+13 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Canada (-13 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest steel railway material supplier in Northern America, comprising 94% of total exports. The second position in the ranking was taken by Canada ($X), with a 6.1% share of total exports.

In the United States, steel railway material exports plunged by an average annual rate of -2.6% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, surging by 2.2% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 17%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.4%).

Steel Railway Material Imports

Imports in Northern America

Steel railway material imports reduced slightly to X tons in 2021, with a decrease of -4.8% on the previous year. Overall, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 9.2%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, steel railway material imports amounted to $X in 2021. In general, imports saw a deep downturn. The pace of growth was the most pronounced in 2014 when imports increased by 2.8% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Canada (X tons) represented the key importer of railway material of steel, mixing up 67% of total imports. It was distantly followed by the United States (X tons), generating a 33% share of total imports.

Canada was also the fastest-growing in terms of the railway material of steel imports, with a CAGR of -1.5% from 2012 to 2021. The United States (-13.9%) illustrated a downward trend over the same period. Canada (+29 p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -29.3% from 2012 to 2021, respectively.

In value terms, Canada ($X) constitutes the largest market for imported railway material of steel in Northern America, comprising 68% of total imports. The second position in the ranking was held by the United States ($X), with a 32% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Canada totaled -2.1%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, picking up by 5.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 13%. Over the period under review, import prices attained the maximum at $X per ton in 2012; afterwards, it flattened through to 2021.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-0.6%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for railway material of steel in Northern America?
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The United States constituted the country with the largest volume of steel railway material consumption, accounting for 89% of total volume. Moreover, steel railway material consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, eightfold.
What are the largest producers of railway material of steel in Northern America?
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The country with the largest volume of steel railway material production was the United States, accounting for 100% of total volume.
What are the leading exporters of railway material of steel in Northern America?
+
In value terms, the United States remains the largest steel railway material supplier in Northern America, comprising 94% of total exports. The second position in the ranking was taken by Canada, with a 6.1% share of total exports.
What are the leading importers of railway material of steel in Northern America?
+
In value terms, Canada constitutes the largest market for imported railway material of steel in Northern America, comprising 68% of total imports. The second position in the ranking was taken by the United States, with a 32% share of total imports.
What is the average export price for railway material of steel in Northern America?
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In 2021, the export price in Northern America amounted to $1,234 per ton, growing by 2.2% against the previous year.
What is the average import price for railway material of steel in Northern America?
+
In 2021, the import price in Northern America amounted to $1,092 per ton, rising by 5.8% against the previous year.

This report provides an in-depth analysis of the steel railway material market in Northern America. 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 24107500 - Railway material (of steel)
• Prodcom 2410T252 - Railway material
Country coverage:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• United States
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2018–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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