Northern America: Metal Flexible Tubing Market 2024

Metal Flexible Tubing Market Size in Northern America

For the sixth year in a row, the North American metal flexible tubing market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption continues to indicate a strong increase. The level of consumption peaked in 2022 and is likely to continue growth in the immediate term.

Metal Flexible Tubing Production in Northern America

In value terms, metal flexible tubing production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Metal Flexible Tubing Exports

Exports in Northern America

Metal flexible tubing exports rose remarkably to X tons in 2022, increasing by X% compared with the previous year. In general, exports, however, saw a slight setback. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, metal flexible tubing exports surged to $X in 2022. The total export value increased at an average annual rate of X% 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 2016 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

The United States prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Canada (X tons) held a little share of total exports.

The United States was also the fastest-growing in terms of the iron or steel flexible tubing exports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest metal flexible tubing supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

In the United States, metal flexible tubing exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, surging by X% against the previous year. Export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal flexible tubing export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Metal Flexible Tubing Imports

Imports in Northern America

In 2022, the amount of iron or steel flexible tubing imported in Northern America rose notably to X tons, with an increase of X% against the year before. Over the period under review, imports enjoyed strong growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, metal flexible tubing imports skyrocketed to $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States represented the key importer of iron or steel flexible tubing in Northern America, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Canada (X tons), achieving a X% share of total imports.

The United States was also the fastest-growing in terms of the iron or steel flexible tubing imports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by X percentage points.

In value terms, the United States ($X) constitutes the largest market for imported iron or steel flexible tubing in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

In the United States, metal flexible tubing imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, saw a slight shrinkage. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :