U.S.: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2023

Market Size for Iron Or Steel Doors, Thresholds For Doors And Windows in the U.S.

The U.S. market for iron or steel doors, thresholds for doors and windows fell to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Iron Or Steel Doors, Thresholds For Doors And Windows in the U.S.

In value terms, production of iron or steel doors, thresholds for doors and windows totaled $X in 2022. The total output value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 43%. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Iron Or Steel Doors, Thresholds For Doors And Windows

Exports from the U.S.

In 2022, overseas shipments of iron or steel doors, thresholds for doors and windows were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by 9.3% against the previous year. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of iron or steel doors, thresholds for doors and windows skyrocketed to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X units) was the main destination for exports of iron or steel doors, thresholds for doors and windows from the United States, accounting for a 75% share of total exports. Moreover, exports of iron or steel doors, thresholds for doors and windows to Canada exceeded the volume sent to the second major destination, Mexico (X units), sevenfold. The third position in this ranking was taken by Bahamas (X units), with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada totaled -8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-10.9% per year) and Bahamas (-18.1% per year).

In value terms, Canada ($X) remains the key foreign market for iron or steel doors, thresholds for doors and windows exports from the United States, comprising 69% of total exports. The second position in the ranking was held by Mexico ($X), with an 8.9% share of total exports. It was followed by Bahamas, with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-1.8% per year) and Bahamas (-2.8% per year).

Export Prices by Country

In 2022, the average export price for iron or steel doors, thresholds for doors and windows amounted to $X per unit, surging by 6.6% against the previous year. Overall, the export price showed a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 70%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahamas ($X per unit), while the average price for exports to Jamaica ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Doors, Thresholds For Doors And Windows

Imports into the U.S.

In 2022, overseas purchases of iron or steel doors, thresholds for doors and windows decreased by -26.9% to X units, falling for the third consecutive year after eight years of growth. In general, imports saw a mild curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 12% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of iron or steel doors, thresholds for doors and windows surged to $X in 2022. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +134.2% against 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Canada (X units), China (X units) and Mexico (X units) were the main suppliers of imports of iron or steel doors, thresholds for doors and windows to the United States, with a combined 90% share of total imports. Taiwan (Chinese) and Vietnam lagged somewhat behind, together accounting for a further 4.7%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +63.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Canada ($X) constituted the largest supplier of iron or steel doors, thresholds for doors and windows to the United States, comprising 44% of total imports. The second position in the ranking was taken by Mexico ($X), with a 21% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada stood at +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+12.5% per year) and China (+3.4% per year).

Import Prices by Country

The average import price for iron or steel doors, thresholds for doors and windows stood at $X per unit in 2022, surging by 63% against the previous year. In general, the import price posted a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :