U.S.: 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 the U.S.

The revenue of the market for tube or pipe fittings of non-malleable cast iron in the U.S. amounted to $X in 2018, jumping by X% against the previous year. Overall, consumption of tube or pipe fittings of non-malleable cast iron, however, continues to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, the market for non-malleable cast iron pipe fittings reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Production of Tube Or Pipe Fittings Of Non-Malleable Cast Iron in the U.S.

In value terms, production of tube or pipe fittings of non-malleable cast iron stood at $X in 2018. Overall, production of tube or pipe fittings of non-malleable cast iron, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Production of tube or pipe fittings of non-malleable cast iron peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

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

Exports from the U.S.

In 2018, approx. X tons of tube or pipe fittings of non-malleable cast iron were exported from the U.S.; dropping by -X% against the previous year. Over the period under review, exports of tube or pipe fittings of non-malleable cast iron continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Exports peaked at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, exports of tube or pipe fittings of non-malleable cast iron amounted to $X in 2018. Over the period under review, exports of tube or pipe fittings of non-malleable cast iron continue to indicate an abrupt reduction. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Exports peaked at $X in 2010; however, from 2011 to 2018, exports remained at a lower figure.

Exports by Country

Canada (X tons), Mexico (X tons) and China (X tons) were the main destinations of exports of tube or pipe fittings of non-malleable cast iron from the U.S., with a combined X% share of total exports. These countries were followed by Saudi Arabia, Yemen, the Dominican Republic, Australia, the UK, Ecuador, Brazil and Panama, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Ecuador, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-malleable cast iron pipe fittings exported from the U.S. were Canada ($X), Mexico ($X) and Yemen ($X), together accounting for X% of total exports. Saudi Arabia, Ecuador, China, Australia, Brazil, the UK, the Dominican Republic and Panama lagged somewhat behind, together comprising a further X terms of the main countries of destination, Ecuador recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average export price for tube or pipe fittings of non-malleable cast iron amounted to $X per ton, going up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, the average export prices for tube or pipe fittings of non-malleable cast iron attained their peak figure in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Ecuador ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Yemen, while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the U.S.

In 2018, the amount of tube or pipe fittings of non-malleable cast iron imported into the U.S. totaled X tons, coming down by -X% against the previous year. Overall, imports of tube or pipe fittings of non-malleable cast iron continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, imports of tube or pipe fittings of non-malleable cast iron stood at $X in 2018. Over the period under review, imports of tube or pipe fittings of non-malleable cast iron continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports of tube or pipe fittings of non-malleable cast iron attained their peak figure at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tons) constituted the largest non-malleable cast iron pipe fittings supplier to the U.S., accounting for a X% share of total imports. Moreover, imports of tube or pipe fittings of non-malleable cast iron from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), twofold. India (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-X% per year) and India (+X% per year).

In value terms, the largest non-malleable cast iron pipe fittings suppliers to the U.S. were China ($X), Mexico ($X) and Japan ($X), together accounting for X% of total imports. India, Brazil, Taiwan, Chinese and Canada lagged somewhat behind, together comprising a further X the main suppliers, India recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average import price for tube or pipe fittings of non-malleable cast iron amounted to $X per ton, stabilizing at the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

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Source: IndexBox Platform