Northern America: Forged Steel Bar Market 2020

Forged Steel Bar Market Size in Northern America

The revenue of the forged steel bar market in Northern America amounted to $X in 2017, going up by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2017, when it surged by X% year-to-year. The level of forged steel bar consumption peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Forged Steel Bar Production in Northern America

In 2017, the amount of forged bars of steel and hot-rolled barsof non-alloy steel produced in Northern America amounted to X tons, going down by -X% against the previous year. The forged steel bar production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. In that year, the forged steel bar production attained their peak volume of X tons, and then declined slightly in the following year.

Forged Steel Bar Exports in Northern America

The exports amounted to X tons in 2017, dropping by -X% against the previous year. The forged steel bar exports continue to indicate a temperate downturn. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, forged steel bar exports totaled $X in 2017. The forged steel bar exports continue to indicate a mild descent. Over the period under review, the forged steel bar exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Forged Steel Bar Exports by Country in Northern America

In 2017, the U.S. (X tons) represented the major exporter for forged bars of steel and hot-rolled barsof non-alloy steel, achieving X% of total exports. It was distantly followed by Canada (X tons), making up X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S. (-X% per year).

In value terms, the U.S. ($X) and Canada ($X) appeared to be the countries with the highest levels of exports in 2017.

The U.S. (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade.

Forged Steel Bar Export Prices by Country in Northern America

In 2017, the forged steel bar export price in Northern America amounted to $X per ton, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, when the export prices increased by X% y-o-y. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in the U.S. ($X per ton) and Canada ($X per ton), while Canada ($X per ton) and the U.S. ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Canada (+X% per year).

Forged Steel Bar Imports in Northern America

The imports totaled X tons in 2017, growing by X% against the previous year. The forged steel bar imports continue to indicate a slight drop. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, forged steel bar imports stood at $X in 2017. The forged steel bar imports continue to indicate a temperate setback. Over the period under review, the forged steel bar imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Forged Steel Bar Imports by Country in Northern America

The U.S. represented the main importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by Canada (X tons), mixed up X% share of total imports.

The U.S. experienced a relatively flat trend pattern of forged bars of steel and hot-rolled barsof non-alloy steel imports. Canada (-X%) illustrated a downward trend over the same period. While the share of Canada (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported forged bars of steel and hot-rolled barsof non-alloy steel in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

From 2007 to 2017, the average annual growth rate of value in the U.S. stood at -X%.

Forged Steel Bar Import Prices by Country in Northern America

In 2017, the forged steel bar import price in Northern America amounted to $X per ton, remaining relatively unchanged against the previous year. The forged steel bar import price continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Canada ($X per ton) and the U.S. ($X per ton), while the U.S. ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Canada (-X% per year).

Source: IndexBox Platform