Latest Report Update: Jul 4, 2020

U.S. Rolled Steel Shape Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Rolled Steel Shape Market Overview 2020

Rolled Steel Shape Market Size in the U.S.

In 2019, the U.S. rolled steel shape market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2015 to 2019, the growth of the market failed to regain the momentum.

Rolled Steel Shape Production in the U.S.

In value terms, rolled steel shape production stood at $X in 2019. The total output value increased at an average annual rate of +X% over the period from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2019, production growth failed to regain the momentum.

Rolled Steel Shape Exports

Exports from the U.S.

In 2019, approx. X tonnes of rolled steel shapes were exported from the U.S.; falling by -X% compared with the previous year. Overall, exports saw a perceptible slump. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

In value terms, rolled steel shape exports dropped rapidly to $X in 2019. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. As a result, exports attained the peak of $X, and then contracted markedly in the following year.

Exports by Country

Mexico (X tonnes), Canada (X tonnes) and Germany (X tonnes) were the main destinations of rolled steel shape exports from the U.S., with a combined X% share of total exports. China, South Korea, Spain, Taiwan, Chinese and Japan lagged somewhat behind, together accounting for a further X 2013 to 2019, the biggest increases were in Spain, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rolled steel shape exported from the U.S. were Germany ($X), Canada ($X) and Mexico ($X), together accounting for X% of total exports. China, Taiwan, Chinese, South Korea, Spain and Japan lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rolled steel shape export price stood at $X per tonne in 2019, increasing by X% against the previous year. Over the period from 2013 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. The export price peaked in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Taiwan, Chinese ($X per tonne), while the average price for exports to Japan ($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 Taiwan, Chinese, while the prices for the other major destinations experienced more modest paces of growth.

Rolled Steel Shape Imports

Imports into the U.S.

After three years of growth, supplies from abroad of rolled steel shapes decreased by -X% to X tonnes in 2019. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Imports peaked at X tonnes in 2018, and then reduced in the following year.

In value terms, rolled steel shape imports contracted to $X in 2019. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. Imports peaked at $X in 2018, and then contracted in the following year.

Imports by Country

Canada (X tonnes), Sweden (X tonnes) and China (X tonnes) were the main suppliers of rolled steel shape imports to the U.S., with a combined X% share of total imports. These countries were followed by Germany, Japan, Italy, India and Romania, which together accounted for a further X 2013 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) constituted the largest supplier of rolled steel shape to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2013 to 2019, the average annual growth rate of value from Canada totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-X% per year) and Germany (+X% per year).

Import Prices by Country

The average rolled steel shape import price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2019 and is likely to see steady growth in the immediate term.

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

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of rolled steel shapes to the U.S.?
+
In value terms, Canada ($72M) constituted the largest supplier of rolled steel shape to the U.S., comprising 38% of total imports. The second position in the ranking was occupied by Sweden ($30M), with a 16% share of total imports. It was followed by Germany, with a 10% share.
What are the leading importers of rolled steel shapes from the U.S.?
+
In value terms, the largest markets for rolled steel shape exported from the U.S. were Germany ($26M), Canada ($26M) and Mexico ($24M), with a combined 43% share of total exports. China, Taiwan, Chinese, South Korea, Spain and Japan lagged somewhat behind, together comprising a further 32%.
What is the average export price for rolled steel shapes in the U.S.?
+
In 2019, the average rolled steel shape export price amounted to $1,816 per tonne, increasing by 6.8% against the previous year.
What is the average import price for rolled steel shapes in the U.S.?
+
The average rolled steel shape import price stood at $1,897 per tonne in 2019, surging by 5.1% against the previous year.

Product coverage:
• NAICS 331221 - Rolled steel shape manufacturing

This report provides an in-depth analysis of the rolled steel shape market 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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