Northern America: Non-Alloy Steel Ingot Market 2020

Non-Alloy Steel Ingot Market Size in Northern America

The revenue of the non-alloy steel ingot market in Northern America amounted to $X in 2017, rising by X% against the previous year. The total market indicated a slight increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the non-alloy steel ingot consumption decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. In that year, the non-alloy steel ingot market reached their peak level of $X. From 2014 to 2017, growth of the non-alloy steel ingot market stood at a somewhat lower level.

Non-Alloy Steel Ingot Production in Northern America

In 2017, approx. X tons of ingots of non-alloy steel were produced in Northern America; waning by -X% against the previous year. The non-alloy steel ingot production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, with an increase of X% against the previous year. Over the period under review, the non-alloy steel ingot production attained its maximum volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Non-Alloy Steel Ingot Exports in Northern America

The exports stood at X tons in 2017, increasing by X% against the previous year. The non-alloy steel ingot exports continue to indicate an abrupt slump. The growth pace was the most rapid in 2008, when exports increased by X% against the previous year. In that year, the non-alloy steel ingot exports attained their peak volume of X tons. From 2009 to 2017, growth of the non-alloy steel ingot exports stood at a somewhat lower level.

In value terms, non-alloy steel ingot exports totaled $X in 2017. The non-alloy steel ingot exports continue to indicate a deep shrinkage. In that year, the non-alloy steel ingot exports attained their peak level of $X. From 2011 to 2017, growth of the non-alloy steel ingot exports stood at a somewhat lower level.

Non-Alloy Steel Ingot Exports by Country in Northern America

The exports of the one major exporters of ingots of non-alloy steel, namely the U.S., represented more than half of total export.

The U.S. was also the fastest growing in terms of the ingots of non-alloy steel exports, with a CAGR of +X% from 2007 to 2017. While the share of the U.S. (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest non-alloy steel ingot supplier in Northern America.

In the U.S., non-alloy steel ingot exports remained relatively stable over the period from 2007-2017.

Non-Alloy Steel Ingot Export Prices by Country in Northern America

The non-alloy steel ingot export price in Northern America stood at $X per ton in 2017, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013, an increase of X% against the previous year. In that year, the export prices for ingots of non-alloy steel attained their peak level of $X per ton. From 2014 to 2017, growth of the export prices for ingots of non-alloy steel stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for the U.S..

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

Non-Alloy Steel Ingot Imports in Northern America

In 2017, imports of ingots of non-alloy steel in Northern America stood at X tons, stabilizing at the previous year. The non-alloy steel ingot imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, with an increase of X% against the previous year. The volume of imports peaked of X tons in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, non-alloy steel ingot imports stood at $X in 2017. The non-alloy steel ingot imports continue to indicate a relatively flat trend pattern. Over the period under review, the non-alloy steel ingot imports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Non-Alloy Steel Ingot Imports by Country in Northern America

The countries with the highest levels of non-alloy steel ingot imports in 2017 were the U.S. (X tons), together recording X% of total import.

The U.S. experienced a relatively flat trend pattern of ingots of non-alloy steel imports. While the share of the U.S. (-X%) decreased 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 ingots of non-alloy steel in Northern America.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. was relatively modest.

Non-Alloy Steel Ingot Import Prices by Country in Northern America

The non-alloy steel ingot import price in Northern America stood at $X per ton in 2017, rising by X% against the previous year. The non-alloy steel ingot import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, an increase of X% y-o-y. The level of import price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by import prices for the U.S..

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

Source: IndexBox Platform