U.S. Iron And Steel Pipe And Tube Market. Analysis And Forecast to 2030
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View PricingIron And Steel Pipe Prices in the United States
U.S. Iron And Steel Pipe Import Price per Ton in July 2022
In July 2022, the iron and steel pipe price per ton amounted to $9.5K (CIF, US), surging by 86% against the previous month. Over the period under review, the import price, however, saw a noticeable downturn. The growth pace was the most rapid in May 2022 when the average import price increased by 179% against the previous month. As a result, import price reached the peak level of $18.0K per ton. From June 2022 to July 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was Mexico ($3.7K per ton), while the price for Vietnam ($1.5K per ton) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Canada (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Iron And Steel Pipe Imports
In July 2022, approximately 634 tons of iron and steel pipes and tubes were imported into the United States; growing by 119% on the month before. Overall, imports, however, showed a abrupt contraction.
In value terms, iron and steel pipe imports surged to $1.8M (IndexBox estimates) in July 2022. Over the period under review, imports, however, showed a pronounced setback. The most prominent rate of growth was recorded in May 2022 when imports increased by 222% against the previous month. As a result, imports attained the peak of $3.8M. From June 2022 to July 2022, the growth of imports failed to regain momentum.
U.S. Iron And Steel Pipe Imports by Country
Mexico (373 tons), Vietnam (203 tons) and Canada (42 tons) were the main suppliers of iron and steel pipe imports to the United States, with a combined 97% share of total imports.
From January 2022 to July 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +14.9%), while imports for the other leaders experienced mixed trend patterns.
In value terms, Mexico ($1.4M) constituted the largest supplier of iron and steel pipe to the United States, comprising 76% of total imports. The second position in the ranking was held by Vietnam ($298K), with a 17% share of total imports. It was followed by Canada, with a 5.4% share.
From January 2022 to July 2022, the average monthly growth rate of value from Mexico totaled +13.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Vietnam (+13.7% per month) and Canada (+12.5% per month).
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 2030.
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
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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The value of imports for Iron And Steel Pipe significantly decreased to $1.5M in August 2023.
112
In February of 2023, the price of iron and steel pipes per ton (CIF, US) was $2,940, a decrease of -5.5% compared to the previous month.
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Imports of Iron Foundry decreased to $107M in June 2023.
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On February X, the U.S. Commerce Department outlined an array of options that President Donald Trump could take to help domestic steel manufacturers to stay competitive on the local market, including a tariff of at least X percent on steel imports fr
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Imports of Secondary Aluminum decreased to $134M in August 2023.
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In Feb. 2023, CIF US aluminum prices reached a high of $3,128/ton an increase of 7.3% from the previous month.
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In terms of value, imports of Steel Foundry experienced a slight decrease to $29 million in July 2023.
