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U.S. - Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2022

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in the U.S.

The U.S. market for aluminium alloy plates, sheets and strip of thickness over X mm skyrocketed to $X in 2021, growing by X% against the previous year. Over the period under review, consumption showed a buoyant increase. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Aluminium Alloy Plates, Sheets and Strip of Thickness over X mm in the U.S.

In value terms, production of aluminium alloy plates, sheets and strip of thickness over X mm reduced slightly to $X in 2021. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

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

Exports from the U.S.

For the sixth year in a row, the United States recorded decline in overseas shipments of aluminium alloy plates, sheets and strip of thickness over X mm, which decreased by -X% to X tons in 2021. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X in 2021. Overall, exports recorded a perceptible shrinkage. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons), Mexico (X tons) and South Korea (X tons) were the main destinations of exports of aluminium alloy plates, sheets and strip of thickness over X mm from the United States, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Canada (with a CAGR of -X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for aluminium alloy plate, sheet and strip of thickness over X mm exported from the United States were Canada ($X), Mexico ($X) and South Korea ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Canada, with a CAGR of -X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average export price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, surging by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the U.S.

In 2021, approx. X tons of aluminium alloy plates, sheets and strip of thickness over X mm were imported into the United States; with an increase of X% compared with 2020 figures. Overall, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm skyrocketed to $X in 2021. In general, imports continue to indicate a prominent expansion. Over the period under review, imports of reached the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Canada (X tons) and Saudi Arabia (X tons) were the main suppliers of imports of aluminium alloy plates, sheets and strip of thickness over X mm to the United States, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were in Saudi Arabia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium alloy plate, sheet and strip of thickness over X mm suppliers to the United States were Canada ($X), China ($X) and Saudi Arabia ($X), with a combined X% share of total imports.

In terms of the main suppliers, Saudi Arabia, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, jumping by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Germany ($X per ton) and Greece ($X per ton), while the price for Bahrain ($X per ton) and Oman ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium alloy plates, sheets and strip of thickness over 0.2 mm in the world?

The country with the largest volume of consumption of aluminium alloy plates, sheets and strip of thickness over 0.2 mm was China, accounting for 23% of total volume. Moreover, consumption of aluminium alloy plates, sheets and strip of thickness over 0.2 mm in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was held by Japan, with a 6.7% share.

What are the largest producers of aluminium alloy plates, sheets and strip of thickness over 0.2 mm in the world?

China constituted the country with the largest volume of production of aluminium alloy plates, sheets and strip of thickness over 0.2 mm, comprising approx. 32% of total volume. Moreover, production of aluminium alloy plates, sheets and strip of thickness over 0.2 mm in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by Germany, with an 8.6% share.

What are the leading suppliers of aluminium alloy plates, sheets and strip of thickness over 0.2 mm to the U.S.?

In value terms, Canada, China and Saudi Arabia constituted the largest aluminium alloy plate, sheet and strip of thickness over 0.2 mm suppliers to the United States, together accounting for 40% of total imports.

What are the leading importers of aluminium alloy plates, sheets and strip of thickness over 0.2 mm from the U.S.?

In value terms, the largest markets for aluminium alloy plate, sheet and strip of thickness over 0.2 mm exported from the United States were Canada, Mexico and South Korea, together accounting for 86% of total exports.

What is the average export price for aluminium alloy plates, sheets and strip of thickness over 0.2 mm in the U.S.?

The average export price for aluminium alloy plates, sheets and strip of thickness over 0.2 mm stood at $4,773 per ton in 2021, with an increase of 10% against the previous year.

What is the average import price for aluminium alloy plates, sheets and strip of thickness over 0.2 mm in the U.S.?

In 2021, the average import price for aluminium alloy plates, sheets and strip of thickness over 0.2 mm amounted to $3,541 per ton, increasing by 23% against the previous year.

This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm 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 24422450 - Aluminium alloy plates, sheets and strips > 0,2 mm thick

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:

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