Latest Report Update: Jul 4, 2020

U.S. Iron And Steel Pipe And Tube Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Overview of the Market for Iron And Steel Pipes And Tubes 2020

Market Size for Iron And Steel Pipes And Tubes in the U.S.

In 2019, the U.S. iron and steel pipe market decreased by -X% to $X, falling for the fifth year in a row after two years of growth. Over the period under review, consumption continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. From 2015 to 2019, the growth of the market remained at a lower figure.

Production of Iron And Steel Pipes And Tubes in the U.S.

In value terms, iron and steel pipe production declined to $X in 2019. Over the period under review, production saw a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2019, production growth remained at a lower figure.

Exports of Iron And Steel Pipes And Tubes

Exports from the U.S.

In 2019, exports of iron and steel pipes and tubes from the U.S. reduced to X tonnes, which is down by -X% compared with 2018. Over the period under review, exports recorded a significant decline. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2013; however, from 2014 to 2019, exports remained at a lower figure.

In value terms, iron and steel pipe exports dropped to $X in 2019. Overall, exports showed a abrupt curtailment. The smallest decline of -X% was in 2018. Over the period under review, exports attained the maximum at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tonnes), Bahamas (X tonnes) and Costa Rica (X tonnes) were the main destinations of iron and steel pipe exports from the U.S., together accounting for X% of total exports.

From 2013 to 2019, the biggest increases were in Bahamas (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron and steel pipe exported from the U.S. were the Netherlands ($X), Bahamas ($X) and Panama ($X), with a combined X% share of total exports.

Among the main countries of destination, Bahamas (+X% per year) 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

In 2019, the average iron and steel pipe export price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, export price indicated a strong expansion from 2013 to 2019: its price increased at an average annual rate of +X% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, iron and steel pipe export price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Panama ($X per tonne), while the average price for exports to Saint Maarten (Dutch part) ($X per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Honduras, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron And Steel Pipes And Tubes

Imports into the U.S.

Iron and steel pipe imports into the U.S. dropped remarkably to X tonnes in 2019, waning by -X% compared with 2018 figures. Overall, imports recorded a precipitous decline. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. From 2018 to 2019, the growth imports remained at a lower figure.

In value terms, iron and steel pipe imports fell sharply to $X in 2019. In general, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. From 2017 to 2019, the growth imports failed to regain the momentum.

Imports by Country

The Netherlands (X tonnes), China (X tonnes) and Germany (X tonnes) were the main suppliers of iron and steel pipe imports to the U.S., together comprising X% of total imports.

From 2013 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron and steel pipe suppliers to the U.S. were the Netherlands ($X), China ($X) and Germany ($X), with a combined X% share of total imports.

Among the main suppliers, the Netherlands (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average iron and steel pipe import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2016; however, from 2017 to 2019, import prices failed to regain the momentum.

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

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of iron and steel pipes and tubes to the U.S.?
+
In value terms, the largest iron and steel pipe suppliers to the U.S. were the Netherlands ($1.3M), China ($774K) and Germany ($614K), with a combined 86% share of total imports.
What are the leading importers of iron and steel pipes and tubes from the U.S.?
+
In value terms, the largest markets for iron and steel pipe exported from the U.S. were the Netherlands ($302K), Bahamas ($157K) and Panama ($131K), together comprising 52% of total exports.
What is the average export price for iron and steel pipes and tubes in the U.S.?
+
The average iron and steel pipe export price stood at $2,682 per tonne in 2019, waning by -3.4% against the previous year.
What is the average import price for iron and steel pipes and tubes in the U.S.?
+
In 2019, the average iron and steel pipe import price amounted to $1,352 per tonne, declining by -51% against the previous year.

Product coverage:
• NAICS 331210 - Iron and steel pipe and tube manufacturing from purchased steel
• NAICS 331110B - Steel pipes and tubes, made in steel mills producing semifinished shapes or plate

This report provides an in-depth analysis of the market for iron and steel pipe 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 2013–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2013–2019
Table 3:
Market Value, 2013–2019
Table 4:
Per Capita Consumption In 2013–2019
Table 5:
Imports, In Physical Terms, By Country, 2013–2019
Table 6:
Imports, In Value Terms, By Country, 2013–2019
Table 7:
Import Prices, By Country Of Origin, 2013–2019
Table 8:
Exports, In Physical Terms, By Country, 2013–2019
Table 9:
Exports, In Value Terms, By Country, 2013–2019
Table 10:
Export Prices, By Country Of Destination, 2013–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2019
Figure 2:
Market Value, 2013–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2019
Figure 5:
Trade Balance, In Physical Terms, 2013–2019
Figure 6:
Trade Balance, In Value Terms, 2013–2019
Figure 7:
Per Capita Consumption, 2013–2019
Figure 8:
Market Forecast To 2025
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, 2013–2019
Figure 21:
Production, In Value Terms, 2013–2019
Figure 22:
Imports, In Physical Terms, 2013–2019
Figure 23:
Imports, In Value Terms, 2013–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2013–2019
Figure 26:
Imports, In Value Terms, By Country, 2013–2019
Figure 27:
Import Prices, By Country Of Origin, 2013–2019
Figure 28:
Exports, In Physical Terms, 2013–2019
Figure 29:
Exports, In Value Terms, 2013–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2013–2019
Figure 32:
Exports, In Value Terms, By Country, 2013–2019
Figure 33:
Export Prices, By Country Of Destination, 2013–2019

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