U.S. - Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDeformed Non-Alloy Steel Wire Rod Prices in the United States
U.S. Deformed Non-Alloy Steel Wire Rod Export Price per Ton in May 2022
In May 2022, the deformed non-alloy steel wire rod price per ton amounted to $796.4 (FOB, US), dropping by -17.9% against the previous month. Over the period under review, the export price showed a pronounced decline. The most prominent rate of growth was recorded in April 2022 when the average export price increased by 7.5% m-o-m. As a result, the export price reached the peak level of $969.7 per ton, and then fell rapidly in the following month.
There were significant differences in the average prices for the major overseas markets. In May 2022, the country with the highest price was the Dominican Republic ($1.1K per ton), while the average price for exports to Cayman Islands ($622.0 per ton) was amongst the lowest.
From January 2022 to May 2022, the most notable rate of growth in terms of prices was recorded for supplies to British Virgin Islands (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Deformed Non-Alloy Steel Wire Rod Exports
In August 2022, overseas shipments of ribbed or other deformed wire rod of non-alloy steel increased by 48% to 3.8K tons for the first time since May 2022, thus ending a two-month declining trend. Overall, exports showed modest growth. The pace of growth was the most pronounced in May 2022 with an increase of 89% m-o-m. As a result, the exports reached the peak of 7.4K tons. From June 2022 to August 2022, the growth of the exports remained at a lower figure.
In value terms, deformed non-alloy steel wire rod exports soared to $3.7M (IndexBox estimates) in August 2022. In general, exports showed a modest increase. The pace of growth was the most pronounced in April 2022 with an increase of 78% month-to-month.
U.S. Deformed Non-Alloy Steel Wire Rod Exports by Country
Canada (5.5K tons) was the main destination for deformed non-alloy steel wire rod exports from the United States, accounting for a 74% share of total exports. Moreover, deformed non-alloy steel wire rod exports to Canada exceeded the volume sent to the second major destination, the Dominican Republic (976 tons), sixfold. The third position in this ranking was held by Cayman Islands (485 tons), with a 6.5% share.
From January 2022 to May 2022, the average monthly growth rate of volume to Canada amounted to +48.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Dominican Republic (-10.2% per month) and Cayman Islands (+41.5% per month).
In value terms, Canada ($4.1M) remains the key foreign market for deformed non-alloy steel wire rod exports from the United States, comprising 70% of total exports. The second position in the ranking was taken by the Dominican Republic ($1M), with an 18% share of total exports. It was followed by Bahamas, with a 6% share.
From January 2022 to May 2022, the average monthly growth rate of value to Canada amounted to +33.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Dominican Republic (-6.6% per month) and Bahamas (+7.4% per month).
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod 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:
- Prodcom 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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