Northern America: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2024

Market Size for Iron Or Steel Doors, Thresholds For Doors And Windows in Northern America

The North American market for iron or steel doors, thresholds for doors and windows reached $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Iron Or Steel Doors, Thresholds For Doors And Windows in Northern America

In value terms, production of iron or steel doors, thresholds for doors and windows amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 40% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

Exports of Iron Or Steel Doors, Thresholds For Doors And Windows

Exports in Northern America

In 2022, shipments abroad of iron or steel doors, thresholds for doors and windows was finally on the rise to reach X units after two years of decline. Over the period under review, exports, however, continue to indicate a slight descent. The most prominent rate of growth was recorded in 2014 when exports increased by 7.5%. Over the period under review, the exports of reached the maximum at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of iron or steel doors, thresholds for doors and windows skyrocketed to $X in 2022. The total export value increased at an average annual rate of +3.9% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Canada (X units) was the major exporter of iron or steel doors, thresholds for doors and windows, comprising 78% of total exports. It was distantly followed by the United States (X units), mixing up a 22% share of total exports.

Canada was also the fastest-growing in terms of the iron or steel doors, thresholds for doors and windows exports, with a CAGR of +5.9% from 2012 to 2022. The United States (-10.3%) illustrated a downward trend over the same period. Canada (+38 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -37.9% from 2012 to 2022, respectively.

In value terms, Canada ($X) and the United States ($X) were the countries with the highest levels of exports in 2022.

Canada, with a CAGR of +8.6%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, growing by 12% against the previous year. Export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or steel doors, thresholds for doors and windows increased by +63.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 22% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.1%).

Imports of Iron Or Steel Doors, Thresholds For Doors And Windows

Imports in Northern America

In 2022, supplies from abroad of iron or steel doors, thresholds for doors and windows decreased by -16.6% to X units, falling for the third consecutive year after eight years of growth. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 12% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of iron or steel doors, thresholds for doors and windows skyrocketed to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.9% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the key importing country with an import of about X units, which recorded 62% of total imports. It was distantly followed by Canada (X units), generating a 38% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Canada (with a CAGR of +3.9%).

In value terms, the United States ($X) constitutes the largest market for imported iron or steel doors, thresholds for doors and windows in Northern America, comprising 75% of total imports. The second position in the ranking was held by Canada ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +8.9%.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, surging by 44% against the previous year. Overall, the import price showed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.8%).

Source: IndexBox Platform

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