Northern America: Stainless Steel Nut Market 2020

Stainless Steel Nut Market Size in Northern America

The revenue of the stainless steel nut market in Northern America amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a modest expansion 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 stainless steel nut consumption decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2012, with an increase of X% year-to-year. Over the period under review, the stainless steel nut market attained its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Stainless Steel Nut Production in Northern America

In 2017, the amount of stainless steel nuts produced in Northern America stood at X tons, picking up by X% against the previous year. The stainless steel nut production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, with an increase of X% year-to-year. In that year, the stainless steel nut production attained their peak volume, and is likely to continue its growth in the immediate term.

Stainless Steel Nut Exports in Northern America

The exports amounted to X tons in 2017, increasing by X% against the previous year. The total exports indicated a prominent growth from 2007 to 2017: its volume increased 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 stainless steel nut exports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2010, when exports increased by X% y-o-y. The volume of exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, stainless steel nut exports stood at $X in 2017. The stainless steel nut exports continue to indicate a strong expansion. The level of exports peaked in 2017, and are likely to see steady growth in the near future.

Stainless Steel Nut Exports by Country in Northern America

The exports of the one major exporters of stainless steel nuts, namely the U.S., represented more than two-thirds of total export.

The U.S. was also the fastest growing in terms of the stainless steel nuts 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 stainless steel nut supplier in Northern America.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. totaled +X%.

Stainless Steel Nut Export Prices by Country in Northern America

In 2017, the stainless steel nut export price in Northern America amounted to $X per ton, growing by X% against the previous year. The export price indicated a conspicuous growth from 2007 to 2017: its price increased 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 stainless steel nut export price increased by +X% against 2014 indices. The growth pace was the most rapid in 2012, an increase of X% against the previous year. Over the period under review, the export prices for stainless steel nuts reached its maximum level in 2017, and is expected to retain its growth in the immediate term.

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).

Stainless Steel Nut Imports in Northern America

In 2017, approx. X tons of stainless steel nuts were imported in Northern America; jumping by X% against the previous year. The stainless steel nut imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. Over the period under review, the stainless steel nut imports reached its maximum volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, stainless steel nut imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Stainless Steel Nut Imports by Country in Northern America

The U.S. (X tons) represented roughly X% of total imports of stainless steel nuts in 2017.

The U.S. experienced a relatively flat trend pattern of stainless steel nuts imports. The U.S. (-X%) significantly weakened its position in terms of the global imports, while 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 stainless steel nuts in Northern America.

In the U.S., stainless steel nut imports expanded at an average annual rate of +X% over the period from 2007-2017.

Stainless Steel Nut Import Prices by Country in Northern America

In 2017, the stainless steel nut import price in Northern America amounted to $X per ton, remaining constant 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 2008, when it surged by X% against the previous year. The level of import price peaked of $X per ton in 2015; however, from 2016 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