U.S. Nonferrous metal (except copper and aluminum) rolling, drawing, and extruding Market. Analysis and Forecast to 2030
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingU.S.: Market for Nonferrous metal (except copper and aluminum) rolling, drawing, and extruding 2024
Market Size for Nonferrous metal (except copper and aluminum) rolling, drawing, and extruding in the U.S.
The U.S. market for nonferrous metal (except copper and aluminum) rolling, drawing, and extruding shrank sharply to $X in 2023, which is down by X% against the previous year. Over the period under review, consumption saw a noticeable descent. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market remained at a lower figure.
Production of Nonferrous metal (except copper and aluminum) rolling, drawing, and extruding in the U.S.
In value terms, production of nonferrous metal (except copper and aluminum) rolling, drawing, and extruding amounted to $X in 2023. Over the period under review, production, however, recorded a noticeable curtailment. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.
Join Us at HANNOVER MESSE 2024
Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany
Exports of Nonferrous metal (except copper and aluminum) rolling, drawing, and extruding
Exports from the U.S.
In 2023, shipments abroad of nonferrous metal (except copper and aluminum) rolling, drawing, and extruding increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports of reached the maximum at X tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
In value terms, exports of nonferrous metal (except copper and aluminum) rolling, drawing, and extruding reduced to $X in 2023. In general, total exports indicated a temperate expansion from 2013 to 2023: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2022, and then contracted in the following year.
Exports by Country
Mexico (X tons), India (X tons) and Canada (X tons) were the main destinations of exports of nonferrous metal (except copper and aluminum) rolling, drawing, and extruding from the United States, with a combined X% share of total exports.
From 2013 to 2023, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for nonferrous metal (except copper and aluminum) rolling, drawing, and extruding exported from the United States were Canada ($X), China ($X) and Mexico ($X), together accounting for X% of total exports. The UK, France, Germany, South Korea, Japan, Taiwan (Chinese), India, Italy, Belgium and Austria lagged somewhat behind, together accounting for a further X%.
In terms of the main countries of destination, India, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for nonferrous metal (except copper and aluminum) rolling, drawing, and extruding stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the export price, however, showed perceptible growth. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2022, and then reduced sharply in the following year.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nonferrous metal (except copper and aluminum) rolling, drawing, and extruding
Imports into the U.S.
In 2023, after two years of growth, there was significant decline in supplies from abroad of nonferrous metal (except copper and aluminum) rolling, drawing, and extruding, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2013 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, imports attained the peak of X tons, and then fell in the following year.
In value terms, imports of nonferrous metal (except copper and aluminum) rolling, drawing, and extruding reduced to $X in 2023. Overall, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2023, the growth of imports of remained at a lower figure.
Imports by Country
China (X tons), Germany (X tons) and France (X tons) were the main suppliers of imports of nonferrous metal (except copper and aluminum) rolling, drawing, and extruding to the United States, together accounting for X% of total imports. India, Mexico, Canada, the UK, Japan, Russia, Finland, Sweden, Italy and South Korea lagged somewhat behind, together comprising a further X%.
From 2013 to 2023, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Canada ($X) constituted the largest supplier of nonferrous metal (except copper and aluminum) rolling, drawing, and extruding to the United States, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Germany, with a X% share.
From 2013 to 2023, the average annual rate of growth in terms of value from Canada totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Germany (X% per year).
Import Prices by Country
The average import price for nonferrous metal (except copper and aluminum) rolling, drawing, and extruding stood at $X per ton in 2023, increasing by X% against the previous year. In general, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Canada ($X,312 per ton), while the price for Finland ($X per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for nonferrous metal (except copper and aluminum) rolling, drawing, and extruding 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:
- NAICS 331491 - Nonferrous metal (except copper and aluminum) rolling, drawing, and extruding
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
- Production Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding the United States
- Price for Nonferrous Metal (Except Copper and Aluminum) Rolling, Drawing, and Extruding the United States
- Arsenic Market
- Pig Iron Market
- Ferro-silico-manganese Market
- Ferro-molybdenum Market
- Metal Remelting Scrap Ingots Market
- Hot-rolled Steel Products Market
- Cold-rolled Steel Products Market
- Flat-rolled Steel Products Market