U.S. - Flat-Rolled Products Of Silicon-Electrical Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilicon-Electrical Steel Flat-Rolled Product Prices in the United States
U.S. Silicon-Electrical Steel Flat-Rolled Product Export Price per Ton in June 2022
In June 2022, the silicon-electrical steel flat-rolled product price per ton amounted to $3.3K (FOB, US), growing by 12% against the previous month. Over the period from January 2022 to June 2022, it increased at an average monthly rate of +1.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($3.5K per ton), while the average price for exports to Malaysia ($899.0 per ton) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Silicon-Electrical Steel Flat-Rolled Product Export Prices by Type
Average prices varied somewhat for the major types of exported product. In June 2022, the products with the highest prices were steel, alloy ($3.5K per ton) and steel, alloy ($2.9K per ton), while the average price for exports of steel, alloy ($2.8K per ton) and steel, alloy ($2.8K per ton) were amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was recorded for the following types: steel, alloy; flat-rolled, width less than 600mm, of silicon-electrical steel, grain-oriented (+6.5%), while the prices for the other products experienced more modest paces of growth.
U.S. Silicon-Electrical Steel Flat-Rolled Product Exports
In June 2022, shipments abroad of flat-rolled products of silicon-electrical steel decreased by -18.5% to 6.9K tons, falling for the second consecutive month after four months of growth. The total export volume increased at an average monthly rate of +3.2% from January 2022 to June 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in March 2022 when exports increased by 33% month-to-month.
In value terms, silicon-electrical steel flat-rolled product exports reduced to $23M (IndexBox estimates) in June 2022. The total export value increased at an average monthly rate of +5.1% over the period from January 2022 to June 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in March 2022 when exports increased by 31% m-o-m.
U.S. Silicon-Electrical Steel Flat-Rolled Product Exports by Type
Steel, alloy (4.4K tons) was the largest type of silicon-electrical steel flat-rolled product exported from the United States, with a 65% share of total exports. Moreover, steel, alloy exceeded the volume of the second product type, steel, alloy (908 tons), fivefold. The third position in this ranking was taken by steel, alloy (801 tons), with a 12% share.
From January 2022 to June 2022, the average monthly growth rate of the volume of export of steel, alloy totaled +2.1%. With regard to the other exported products, the following average monthly rates of growth were recorded: steel, alloy (-1.4% per month) and steel, alloy (+9.9% per month).
In value terms, steel, alloy ($16M) remains the largest type of silicon-electrical steel flat-rolled product exported from the United States, comprising 70% of total exports. The second position in the ranking was held by steel, alloy ($2.6M), with a 12% share of total exports. It was followed by steel, alloy, with a 9.9% share.
From January 2022 to June 2022, the average monthly rate of growth in terms of the export volume of steel, alloy stood at +3.5%. With regard to the other exported products, the following average monthly rates of growth were recorded: steel, alloy (+2.4% per month) and steel, alloy (+17.1% per month).
U.S. Silicon-Electrical Steel Flat-Rolled Product Exports by Country
Canada (4.4K tons) was the main destination for silicon-electrical steel flat-rolled product exports from the United States, accounting for a 65% share of total exports. Moreover, silicon-electrical steel flat-rolled product exports to Canada exceeded the volume sent to the second major destination, Mexico (2K tons), twofold.
From January 2022 to June 2022, the average monthly rate of growth in terms of volume to Canada totaled +5.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (+5.4% per month) and Malaysia (+14.9% per month).
In value terms, Canada ($16M) remains the key foreign market for silicon-electrical steel flat-rolled product exports from the United States, comprising 69% of total exports. The second position in the ranking was held by Mexico ($6.3M), with a 28% share of total exports.
From January 2022 to June 2022, the average monthly rate of growth in terms of value to Canada totaled +7.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (+8.1% per month) and Malaysia (+21.9% per month).
This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product 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 24105310 - Electrical sheet and strip, grain oriented of a width of .600 mm or more
- Prodcom 24105330 - Flat-rolled products of silicon-electrical steel, of a width . .600 mm, non-grain-oriented
- Prodcom 24105410 - Electrical cold-rolled slit strip, grain oriented, in silicon-alloy steel, of a width of < .600 mm
- Prodcom 24105430 - Flat-rolled products of silicon-electrical steel, of a width < .600 mm, non-grain-oriented
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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