Northern America: Agglomerated Powder Rod Market 2025

Agglomerated Powder Rod Market Size in Northern America

The North American agglomerated powder rod market dropped modestly to $X in 2021, approximately mirroring the previous year. The total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.4% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; afterwards, it flattened through to 2021.

Agglomerated Powder Rod Production in Northern America

In value terms, agglomerated powder rod production dropped modestly to $X in 2021 estimated in export price. The total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +73.1% against 2015 indices. The pace of growth was the most pronounced in 2017 with an increase of 33% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then dropped in the following year.

Agglomerated Powder Rod Exports

Exports in Northern America

After two years of decline, shipments abroad of base metal wire and rods of agglomerated base powder increased by 12% to X tons in 2021. In general, exports, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 24% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, agglomerated powder rod exports surged to $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the two major exporters of base metal wire and rods of agglomerated base powder, namely the United States and Canada, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Canada (with a CAGR of +37.3%).

In value terms, the United States ($X) remains the largest agglomerated powder rod supplier in Northern America, comprising 84% of total exports. The second position in the ranking was held by Canada ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States totaled -2.4%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, with an increase of 3.9% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2017 when the export price increased by 26% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+8.4%).

Agglomerated Powder Rod Imports

Imports in Northern America

In 2021, supplies from abroad of base metal wire and rods of agglomerated base powder was finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. Overall, imports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2015 with an increase of 46% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, agglomerated powder rod imports rose modestly to $X in 2021. Over the period under review, imports, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2015 with an increase of 29% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) was the key importer of base metal wire and rods of agglomerated base powder, constituting 79% of total imports. It was distantly followed by Canada (X tons), making up a 21% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to agglomerated powder rod imports into the United States stood at -9.3%. Canada (-5.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Canada increased by +5.1 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported base metal wire and rods of agglomerated base powder in Northern America, comprising 89% of total imports. The second position in the ranking was taken by Canada ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled -3.2%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, with a decrease of -5.8% against the previous year. Import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, agglomerated powder rod import price increased by +58.7% against 2015 indices. The pace of growth appeared the most rapid in 2020 when the import price increased by 23% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.7%).

Source: IndexBox Platform

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