Report U.S. - Base Metal Coated Electrodes for Electric Arc-Welding - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 30, 2022

U.S. - Base Metal Coated Electrodes for Electric Arc-Welding - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Metal Coated Electrode Market 2022

Metal Coated Electrode Market Size in the U.S.

In 2021, the U.S. metal coated electrode market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, recorded a deep contraction. Metal coated electrode consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Metal Coated Electrode Production in the U.S.

In value terms, metal coated electrode production expanded sharply to $X in 2021. In general, production, however, recorded a abrupt curtailment. Metal coated electrode production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Metal Coated Electrode Exports

Exports from the U.S.

After three years of decline, overseas shipments of base metal coated electrodes for electric arc-welding increased by X% to X tons in 2021. In general, exports, however, continue to indicate a pronounced descent. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, metal coated electrode exports skyrocketed to $X in 2021. Overall, exports, however, saw a perceptible slump. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for metal coated electrode exports from the United States, with a X% share of total exports. Moreover, metal coated electrode exports to Canada exceeded the volume sent to the second major destination, India (X tons), threefold. The third position in this ranking was held by Saudi Arabia (X tons), with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and Saudi Arabia (+X% per year).

In value terms, Canada ($X) remains the key foreign market for metal coated electrode exports from the United States, comprising X% of total exports. The second position in the ranking was taken by China ($X), with an X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-X% per year) and India (+X% per year).

Export Prices by Country

The average metal coated electrode export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Saudi Arabia ($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 the United Arab Emirates (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Coated Electrode Imports

Imports into the U.S.

In 2021, supplies from abroad of base metal coated electrodes for electric arc-welding decreased by -X% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, metal coated electrode imports expanded slightly to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Mexico (X tons) constituted the largest metal coated electrode supplier to the United States, with a X% share of total imports. Moreover, metal coated electrode imports from Mexico exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. Vietnam (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Mexico amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Vietnam (+X% per year).

In value terms, Mexico ($X) constituted the largest supplier of metal coated electrode to the United States, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with an X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Mexico amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and India (+X% per year).

Import Prices by Country

In 2021, the average metal coated electrode import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight downturn. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Indonesia ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

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

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 base metal coated electrodes for electric arc-welding in the world?
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The countries with the highest volumes of consumption in 2021 were China, the United States and India, together comprising 41% of global consumption. These countries were followed by Turkey, Germany, Japan, Indonesia, Russia, Brazil, the United Arab Emirates and Mexico, which together accounted for a further 23%.
What are the largest producers of base metal coated electrodes for electric arc-welding in the world?
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China constituted the country with the largest volume of metal coated electrode production, accounting for 40% of total volume. Moreover, metal coated electrode production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Turkey ranked third in terms of total production with an 8.4% share.
What are the leading suppliers of base metal coated electrodes for electric arc-welding to the U.S.?
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In value terms, Mexico constituted the largest supplier of metal coated electrode to the United States, comprising 28% of total imports. The second position in the ranking was held by South Korea, with an 8.9% share of total imports. It was followed by India, with a 7.2% share.
What are the leading importers of base metal coated electrodes for electric arc-welding from the U.S.?
+
In value terms, Canada remains the key foreign market for metal coated electrode exports from the United States, comprising 28% of total exports. The second position in the ranking was held by China, with an 11% share of total exports. It was followed by India, with a 7.2% share.
What is the average export price for base metal coated electrodes for electric arc-welding in the U.S.?
+
The average metal coated electrode export price stood at $6,702 per ton in 2021, standing approx. at the previous year.
What is the average import price for base metal coated electrodes for electric arc-welding in the U.S.?
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The average metal coated electrode import price stood at $2,797 per ton in 2021, picking up by 21% against the previous year.

This report provides an in-depth analysis of the metal coated electrode market 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 25931510 - Base metal coated electrodes for electric arc-welding
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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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