Latest Report Update: Jul 4, 2020

U.S. Secondary Aluminum Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Secondary Aluminum Market Overview 2020

Secondary Aluminum Market Size in the U.S.

The U.S. secondary aluminum market rose slightly to $X in 2019, with an increase of X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2015 to 2019, the growth of the market failed to regain the momentum.

Secondary Aluminum Production in the U.S.

In value terms, secondary aluminum production amounted to $X in 2019. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% y-o-y. Secondary aluminum production peaked at $X in 2015; however, from 2016 to 2019, production remained at a lower figure.

Secondary Aluminum Exports

Exports from the U.S.

In 2019, after two years of growth, there was significant decline in shipments abroad of secondary aluminum, when their volume decreased by -X% to X kg. In general, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2015 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2016 to 2019, the growth exports failed to regain the momentum.

In value terms, secondary aluminum exports contracted sharply to $X in 2019. Over the period under review, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, exports attained the peak of $X, and then shrank rapidly in the following year.

Exports by Country

Mexico (X tonnes) was the main destination for secondary aluminum exports from the U.S., with a X% share of total exports. Moreover, secondary aluminum exports to Mexico exceeded the volume sent to the second major destination, Canada (X tonnes), more than tenfold.

From 2013 to 2018, the average annual rate of growth in terms of volume to Mexico totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Brazil (+X% per year).

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

From 2013 to 2018, the average annual rate of growth in terms of value to Mexico amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Brazil (+X% per year).

Secondary Aluminum Imports

Imports into the U.S.

After three years of growth, purchases abroad of secondary aluminum decreased by -X% to X tonnes in 2019. In general, imports showed a slight decrease. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes, and then fell rapidly in the following year.

In value terms, secondary aluminum imports dropped sharply to $X in 2019. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, imports reached the peak of $X, and then shrank sharply in the following year.

Imports by Country

South Korea (X tonnes), Australia (X tonnes) and Canada (X tonnes) were the main suppliers of secondary aluminum imports to the U.S., with a combined X% share of total imports.

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

In value terms, the largest secondary aluminum suppliers to the U.S. were South Korea ($X), Australia ($X) and Germany ($X), together comprising X% of total imports.

South Korea recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average secondary aluminum import price stood at $X per tonne in 2019, falling by -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2015; however, from 2016 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of secondary aluminum to the U.S.?
+
In value terms, South Korea ($21M), Australia ($18M) and Germany ($14M) appeared to be the largest secondary aluminum suppliers to the U.S., together accounting for 59% of total imports.
What are the leading importers of secondary aluminum from the U.S.?
+
In value terms, Mexico ($162M) remains the key foreign market for secondary aluminum exports from the U.S., comprising 82% of total exports. The second position in the ranking was occupied by Canada ($12M), with a 5.9% share of total exports.
What is the average import price for secondary aluminum in the U.S.?
+
The average secondary aluminum import price stood at $2,819 per tonne in 2019, dropping by -1.7% against the previous year.

Product coverage:
• NAICS 331314 - Secondary smelting and alloying of aluminum

This report provides an in-depth analysis of the secondary aluminum 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.


Companies mentioned:
• Smelter Service Corp.
• J.L. French Automotive Castings
• Ffs Incorporated
• Trialco
• Tst Inc.
• Ohio Valley Aluminum Company
• Metal Powder Products
• Allied Metal Co.
• Tower Extrusions
• Srt Investments
• Blue Ridge Metals Corporation
• Scepter
• C-Koe Metals
• Joe W Morgan
• Ampal
• Interlock Industries
• Audubon Metals
• Thorock Metals
• Superior Aluminum Alloys
• R Lavin & Son IncRecycling Services of Indiana
• Eccomelt, Imco Recycling of Loudon Inc
• Spectro Alloys Corporation
• Texas Tst
• Tower Metal Products L.P.
• Gnw Aluminum
• Metalico Aluminum Recovery
• Stiefel Aluminum
• Kentucky Smelting Technology
• Imco Recycling of Ohio
• Quality Molded
• Century Aluminum of South Carolina

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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