Northern America: Market for Tube Or Pipe Fittings Of Non-Malleable Cast Iron 2020

Market Size for Tube Or Pipe Fittings Of Non-Malleable Cast Iron in Northern America

In 2019, the North American market for tube or pipe fittings of non-malleable cast iron increased by X% to $X, rising for the third consecutive year after three years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. The level of consumption peaked at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.

Production of Tube Or Pipe Fittings Of Non-Malleable Cast Iron in Northern America

In value terms, non-malleable cast iron pipe fittings production stood at $X in 2019 estimated in export prices. The total production indicated a resilient increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. The level of production peaked in 2019 and is likely to continue growth in years to come.

Production By Country in Northern America

The U.S. (X tons) constituted the country with the largest volume of non-malleable cast iron pipe fittings production, comprising approx. X% of total volume.

From 2007 to 2019, the average annual growth rate of volume in the U.S. amounted to +X%.

Exports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Exports in Northern America

For the sixth year in a row, Northern America recorded decline in overseas shipments of tube or pipe fittings of non-malleable cast iron, which decreased by -X% to X tons in 2019. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. The volume of export peaked at X tons in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, non-malleable cast iron pipe fittings exports dropped to $X in 2019. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from the U.S. (X tons), together resulting at X% of total export.

The U.S. was also the fastest-growing in terms of the tube or pipe fittings of non-malleable cast iron exports, with a CAGR of -X% from 2007 to 2019. From 2007 to 2019, the share of the U.S. decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest non-malleable cast iron pipe fittings supplier in Northern America.

From 2007 to 2019, the average annual rate of growth in terms of value in the U.S. stood at -X%.

Export Prices by Country

The export price for tube or pipe fittings of non-malleable cast iron in Northern America stood at $X per ton in 2019, rising by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the export price increased by X% against the previous year. The level of export peaked in 2019 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Imports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Imports in Northern America

In 2019, approx. X tons of tube or pipe fittings of non-malleable cast iron were imported in Northern America; waning by -X% against 2018. Over the period under review, imports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. The volume of import peaked at X tons in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, non-malleable cast iron pipe fittings imports reduced modestly to $X in 2019. In general, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. The level of import peaked at $X in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of non-malleable cast iron pipe fittings imports in 2019 were Canada (X tons) and the U.S. (X tons), together reaching X% of total import.

From 2007 to 2019, the biggest increases were in Canada.

In value terms, Canada ($X) and the U.S. ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

Canada recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2019, the import price for tube or pipe fittings of non-malleable cast iron in Northern America amounted to $X per ton, remaining constant against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. In 2019, the country with the highest price was the U.S. ($X per ton), while Canada stood at $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

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Source: IndexBox Platform

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