Report Update Nov 1, 2024

Northern America - I-Sections of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Non-Alloy Steel I-Sections Market 2024

Non-Alloy Steel I-Sections Market Size in Northern America

In 2021, after two years of decline, there was growth in the North American non-alloy steel i-sections market, when its value increased by 3.2% to $X. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Non-Alloy Steel I-Sections Production in Northern America

In value terms, non-alloy steel i-sections production reached $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 16%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Non-Alloy Steel I-Sections Exports

Exports in Northern America

In 2021, the amount of i-sections of non-alloy steel exported in Northern America surged to X tons, growing by 50% on the previous year. Overall, exports, however, faced a abrupt downturn. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-alloy steel i-sections exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a drastic downturn. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States represented the key exporting country with an export of about X tons, which reached 66% of total exports. It was distantly followed by Canada (X tons), making up a 34% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +3.6%).

In value terms, the largest non-alloy steel i-sections supplying countries in Northern America were the United States ($X) and Canada ($X).

Among the main exporting countries, Canada, with a CAGR of +3.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, with an increase of 5% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by 12% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-0.4%).

Non-Alloy Steel I-Sections Imports

Imports in Northern America

In 2021, the amount of i-sections of non-alloy steel imported in Northern America reduced slightly to X tons, waning by -4.2% compared with the previous year. Overall, imports showed a noticeable decline. The growth pace was the most rapid in 2014 when imports increased by 70% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, non-alloy steel i-sections imports soared to $X in 2021. Over the period under review, imports saw a perceptible contraction. The growth pace was the most rapid in 2014 when imports increased by 68% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Canada (X tons) was the main importer of i-sections of non-alloy steel, creating 63% of total imports. It was distantly followed by the United States (X tons), constituting a 37% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of -1.7%).

In value terms, the largest non-alloy steel i-sections importing markets in Northern America were Canada ($X) and the United States ($X).

Canada, with a CAGR of +0.1%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, growing by 61% against the previous year. Import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for i-sections of non-alloy steel in Northern America?

The country with the largest volume of non-alloy steel i-sections consumption was the United States, accounting for 89% of total volume. Moreover, non-alloy steel i-sections consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, eightfold.

What are the largest producers of i-sections of non-alloy steel in Northern America?

The country with the largest volume of non-alloy steel i-sections production was the United States, accounting for 93% of total volume. Moreover, non-alloy steel i-sections production in the United States exceeded the figures recorded by the second-largest producer, Canada, more than tenfold.

What are the leading suppliers of i-sections of non-alloy steel in Northern America?

In value terms, the largest non-alloy steel i-sections supplying countries in Northern America were the United States and Canada.

What are the leading importers of i-sections of non-alloy steel in Northern America?

In value terms, Canada constitutes the largest market for imported i-sections of non-alloy steel in Northern America, comprising 67% of total imports. The second position in the ranking was occupied by the United States, with a 33% share of total imports.

What is the average export price for i-sections of non-alloy steel in Northern America?

In 2021, the non-alloy steel i-sections export price in Northern America amounted to $759 per ton, with an increase of 4.9% against the previous year.

What is the average import price for i-sections of non-alloy steel in Northern America?

The non-alloy steel i-sections import price in Northern America stood at $732 per ton in 2021, picking up by 23% against the previous year.

This report provides an in-depth analysis of the non-alloy steel i-sections market in Northern America. 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 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023