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Northern America - Railway Or Tramway Track Construction Material Of Iron Or Steel - Market Analysis, Forecast, Size, Trends and Insights
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Northern America: Overview of the Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2021

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Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in Northern America

In 2020, after three years of growth, there was significant decline in the North American market for railway or tramway track construction material of iron or steel, when its value decreased by -X% to $X. The total consumption indicated a modest increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. The level of consumption peaked at $X in 2019, and then fell sharply in the following year.

Production of Railway Or Tramway Track Construction Material Of Iron Or Steel in Northern America

In value terms, production of railway or tramway track construction material of iron or steel shrank sharply to $X in 2020 estimated in export prices. In general, production posted a measured increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2019, and then contracted sharply in the following year.

Production By Country in Northern America

The country with the largest volume of production of railway or tramway track construction material of iron or steel was the U.S. (X tonnes), comprising approx. X% of total volume. Moreover, production of railway or tramway track construction material of iron or steel in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tonnes), tenfold.

In the U.S., production of railway or tramway track construction material of iron or steel expanded at an average annual rate of +X% over the period from 2007-2020.

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports in Northern America

In 2020, overseas shipments of railway or tramway track construction material of iron or steel were finally on the rise to reach X tonnes after six years of decline. Overall, exports, however, saw a pronounced decrease. The volume of export peaked at X tonnes in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, exports of railway or tramway track construction material of iron or steel contracted rapidly to $X in 2020. Over the period under review, exports, however, recorded a perceptible contraction. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2009 to 2020, the growth of exports failed to regain the momentum.

Exports by Country

The U.S. was the major exporting country with an export of about X tonnes, which amounted to X% of total exports. It was distantly followed by Canada (X tonnes), comprising a X% share of total exports.

The U.S. was also the fastest-growing in terms of the railway or tramway track construction material of iron or steel exports, with a CAGR of -X% from 2007 to 2020. Canada (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Canada (-X p.p.) displayed negative dynamics.

In value terms, the U.S. ($X) remains the largest iron and steel railway construction materials supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

In the U.S., exports of railway or tramway track construction material of iron or steel remained relatively stable over the period from 2007-2020.

Export Prices by Country

In 2020, the export price for railway or tramway track construction material of iron or steel in Northern America amounted to $X per tonne, declining by -X% against the previous year. Export price indicated modest growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the export price increased by X% y-o-y. Over the period under review, export prices attained the peak figure at $X per tonne in 2019, and then reduced notably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while Canada totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports in Northern America

In 2020, purchases abroad of railway or tramway track construction material of iron or steel decreased by -X% to X tonnes, falling for the fifth consecutive year after six years of growth. Overall, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. The volume of import peaked at X tonnes in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

In value terms, imports of railway or tramway track construction material of iron or steel dropped dramatically to $X in 2020. Over the period under review, imports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

Canada represented the main importer of railway or tramway track construction material of iron or steel in Northern America, with the volume of imports amounting to X tonnes, which was approx. X% of total imports in 2020. It was distantly followed by the U.S. (X tonnes), committing a X% share of total imports.

Canada was also the fastest-growing in terms of the railway or tramway track construction material of iron or steel imports, with a CAGR of +X% from 2007 to 2020. the U.S. (-X%) illustrated a downward trend over the same period. While the share of Canada (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of the U.S. (-X p.p.) displayed negative dynamics.

In value terms, Canada ($X) and the U.S. ($X) appeared to be the countries with the highest levels of imports in 2020.

Canada recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

In 2020, the import price for railway or tramway track construction material of iron or steel in Northern America amounted to $X per tonne, waning by -X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while Canada stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for railway or tramway track construction material of iron or steel in Northern America?
+
The U.S. (1.2M tonnes) constituted the country with the largest volume of consumption of railway or tramway track construction material of iron or steel, comprising approx. 76% of total volume. Moreover, consumption of railway or tramway track construction material of iron or steel in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (380K tonnes), threefold.
What are the largest producers of railway or tramway track construction material of iron or steel in Northern America?
+
The U.S. (1.3M tonnes) constituted the country with the largest volume of production of railway or tramway track construction material of iron or steel, accounting for 91% of total volume. Moreover, production of railway or tramway track construction material of iron or steel in the U.S. exceeded the figures recorded by the second-largest producer, Canada (130K tonnes), tenfold.
What are the leading suppliers of railway or tramway track construction material of iron or steel in Northern America?
+
In value terms, the U.S. ($210M) remains the largest iron and steel railway construction materials supplier in Northern America, comprising 91% of total exports. The second position in the ranking was occupied by Canada ($20M), with a 8.6% share of total exports.
What are the leading importers of railway or tramway track construction material of iron or steel in Northern America?
+
In value terms, the largest iron and steel railway construction materials importing markets in Northern America were Canada ($242M) and the U.S. ($133M).
What is the average export price for railway or tramway track construction material of iron or steel in Northern America?
+
In 2020, the export price for railway or tramway track construction material of iron or steel in Northern America amounted to $1,146 per tonne, declining by -40.6% against the previous year.
What is the average import price for railway or tramway track construction material of iron or steel in Northern America?
+
The import price for railway or tramway track construction material of iron or steel in Northern America stood at $930 per tonne in 2020, dropping by -9.9% against the previous year.

Product coverage:
• Prodcom 24107500 - Railway material (of steel)

This report provides an in-depth analysis of the market for iron and steel railway construction materials 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 2025.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2020
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 2007–2020
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
• USA
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
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, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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