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U.S. Rolling Mill And Other Metalworking Machinery Market. Analysis And Forecast to 2030
Report Update: Nov 1, 2024

U.S. Rolling Mill And Other Metalworking Machinery Market. Analysis And Forecast to 2030

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Jan 26, 2023

U.S. Rolling Mill Import Skyrockets 28%, Averaging 5.1K Tons in November 2022

U.S. Rolling Mill Imports

In November 2022, supplies from abroad of rolling mill and other metalworking machinery was finally on the rise to reach 5.1K tons after two months of decline. In general, imports posted a buoyant expansion. The pace of growth appeared the most rapid in February 2022 with an increase of 77% against the previous month. Over the period under review, imports hit record highs in November 2022.

In value terms, rolling mill imports reduced to $90M (IndexBox estimates) in November 2022. Over the period under review, total imports indicated resilient growth from January 2022 to November 2022: its value increased at an average monthly rate of +6.8% over the last ten-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2022 figures, imports increased by +52.1% against July 2022 indices. The most prominent rate of growth was recorded in February 2022 with an increase of 60% month-to-month. Imports peaked at 102K tons in October 2022, and then shrank in the following month.

Imports by Country

Italy (1.8K tons), Germany (1.2K tons) and Japan (295 tons) were the main suppliers of rolling mill imports to the United States, with a combined 64% share of total imports. China, Canada, Ireland, South Korea, India, the Czech Republic, Austria, France, Taiwan (Chinese) and Poland lagged somewhat behind, together accounting for a further 28%.

From January 2022 to November 2022, the biggest increases were in Ireland (with a CAGR of +177.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($17M), Italy ($16M) and Japan ($7.6M) appeared to be the largest rolling mill suppliers to the United States, with a combined 46% share of total imports. These countries were followed by Canada, South Korea, China, Austria, France, Taiwan (Chinese), the Czech Republic, India, Poland and Ireland, which together accounted for a further 25%.

Ireland, with a CAGR of +41.5%, saw 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 more modest paces of growth.

Import Prices by Country

In November 2022, the rolling mill price amounted to $17.5 per kg (CIF, US), which is down by -31.5% against the previous month. Overall, the import price saw a perceptible decrease. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 47% against the previous month. As a result, import price attained the peak level of $25.6 per kg, and then shrank sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($31.5 per kg), while the price for Ireland ($0.3 per kg) was amongst the lowest.

From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Rolling Mill Market Overview

The rolling mill market is also being supported by factors such as the expansion of end-use industries and the rising investments in the steel industry. The United States is the world's largest producer of steel. The country's steel industry is highly concentrated, with just a handful of companies accounting for the majority of production.

The increasing demand for cold-rolled products is one of the major factors fueling the growth of the rolling mill market in the United States. Cold-rolled products are widely used in various applications such as construction, automotive, and white goods due to their superior properties such as high strength, dimensional accuracy, and surface finish.

However, volatile raw material prices and stringent environmental regulations are some of the major challenges faced by players operating in this market.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rolling mill 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 2030.

Product coverage:

  • NAICS 333519 - Rolling mill and other metalworking machinery manufacturing

Companies mentioned:

  • Milacron
  • Sunnen Products Company
  • J.R. Automation Technologies
  • Greenlee Textron
  • Fives
  • Boyd LTI, The Bradbury Co
  • SMS USA
  • I2s
  • Kuka Systems North America
  • Dominion Technologies Group
  • Bardons & Oliver
  • Galaxy Technologies
  • Symbotic
  • American Roller Company
  • George Koch Sons
  • Blachford Enterprises
  • Buck Company
  • Star Precision
  • Park Corporation
  • United Rolls
  • Enprotech Industrial Technologies
  • Norgren Automation Solutions
  • Iwka Holding Corp.
  • The Entwistle Trust
  • Utica International
  • O S M Glassification
  • Jr Technology Group

Country coverage:

  • United States

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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