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U.S. - Railway Or Tramway Track Construction Material Of Iron Or Steel - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Overview of the Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2021

Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in the U.S.

The U.S. market for railway or tramway track construction material of iron or steel declined dramatically to $X in 2020, shrinking by -X% against the previous year. In general, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2019, and then contracted remarkably in the following year.

Production of Railway Or Tramway Track Construction Material Of Iron Or Steel in the U.S.

In value terms, production of railway or tramway track construction material of iron or steel reduced rapidly to $X in 2020. In general, production showed measured growth. The growth pace was the most rapid in 2017 when the production volume increased by X% year-to-year. Production peaked at $X in 2019, and then declined significantly in the following year.

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports from the U.S.

In 2020, the amount of railway or tramway track construction material of iron or steel exported from the U.S. surged to X tonnes, growing by X% on the year before. In general, exports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. from 2009 to 2020, the growth of exports failed to regain the momentum.

In value terms, exports of railway or tramway track construction material of iron or steel dropped sharply to $X in 2020. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Canada (X tonnes) was the main destination for exports of railway or tramway track construction material of iron or steel from the U.S., with a X% share of total exports. Moreover, exports of railway or tramway track construction material of iron or steel to Canada exceeded the volume sent to the second major destination, Mexico (X tonnes), threefold.

From 2007 to 2020, the average annual growth rate of volume to Canada amounted to +X%.

In value terms, Canada ($X) remains the key foreign market for iron and steel railway construction materials exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Canada totaled +X%.

Export Prices by Country

In 2020, the average export price for railway or tramway track construction material of iron or steel amounted to $X per tonne, shrinking by -X% against the previous year. In general, export price indicated a slight increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. The export price peaked at $X per tonne in 2019, and then dropped notably in the following year.

Average prices varied noticeably for the major foreign markets. In 2020, the country with the highest price was Canada ($X per tonne), while the average price for exports to Mexico stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mexico.

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports into the U.S.

In 2020, imports of railway or tramway track construction material of iron or steel into the U.S. fell remarkably to X tonnes, with a decrease of -X% on 2019. Over the period under review, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, imports of railway or tramway track construction material of iron or steel shrank dramatically to $X in 2020. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Canada (X tonnes), China (X tonnes) and Japan (X tonnes) were the main suppliers of imports of railway or tramway track construction material of iron or steel to the U.S., with a combined X% share of total imports. These countries were followed by the Czech Republic, Australia and India, which together accounted for a further X 2007 to 2020, the biggest increases were in India, while purchases for the other leaders experienced a decline.

In value terms, China ($X), Japan ($X) and Canada ($X) were the largest iron and steel railway construction materials suppliers to the U.S., together accounting for X% of total imports. India, Australia and the Czech Republic lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average import price for railway or tramway track construction material of iron or steel amounted to $X per tonne, remaining constant against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne; afterwards, it flattened through to 2020.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for railway or tramway track construction material of iron or steel in the world?
+
China (6M tonnes) constituted the country with the largest volume of consumption of railway or tramway track construction material of iron or steel, comprising approx. 33% of total volume. Moreover, consumption of railway or tramway track construction material of iron or steel in China exceeded the figures recorded by the second-largest consumer, Russia (1.5M tonnes), fourfold. The U.S. (1.2M tonnes) ranked third in terms of total consumption with a 6.7% share.
What are the largest producers of railway or tramway track construction material of iron or steel in the world?
+
China (6.3M tonnes) constituted the country with the largest volume of production of railway or tramway track construction material of iron or steel, accounting for 35% of total volume. Moreover, production of railway or tramway track construction material of iron or steel in China exceeded the figures recorded by the second-largest producer, Russia (1.5M tonnes), fourfold. The third position in this ranking was occupied by the U.S. (1.3M tonnes), with a 7% share.
What are the leading suppliers of railway or tramway track construction material of iron or steel to the U.S.?
+
In value terms, China ($35M), Japan ($21M) and Canada ($17M) were the largest iron and steel railway construction materials suppliers to the U.S., together comprising 56% of total imports. India, Australia and the Czech Republic lagged somewhat behind, together comprising a further 28%.
What are the leading importers of railway or tramway track construction material of iron or steel from the U.S.?
+
In value terms, Canada ($147M) remains the key foreign market for iron and steel railway construction materials exports from the U.S., comprising 70% of total exports. The second position in the ranking was occupied by Mexico ($49M), with a 23% share of total exports.
What is the average export price for railway or tramway track construction material of iron or steel in the U.S.?
+
The average export price for railway or tramway track construction material of iron or steel stood at $1,239 per tonne in 2020, falling by -38.8% against the previous year.
What is the average import price for railway or tramway track construction material of iron or steel in the U.S.?
+
In 2020, the average import price for railway or tramway track construction material of iron or steel amounted to $1,084 per tonne, standing approx. at the previous year.

Product coverage:
• Prodcom 24107500 - Railway material (of steel)

This report provides an in-depth analysis of the market for iron and steel railway construction materials 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 2025.


Country coverage:
• USA

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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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