
Northern America - Wire of Iron or Non-Alloy Steel (Stainless Steel or Other Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Market for Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel) 2022
Market Size for Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel) in Northern America
In 2020, the North American iron and steel wire market decreased by -X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.
Production of Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel) in Northern America
In value terms, iron and steel wire production contracted rapidly to $X in 2020 estimated in export prices. Overall, production saw a slight slump. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The level of production peaked at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.
Production By Country in Northern America
The U.S. (X tons) remains the largest iron and steel wire producing country in Northern America, accounting for X% of total volume. Moreover, iron and steel wire production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tons), fivefold.
From 2007 to 2020, the average annual growth rate of volume in the U.S. amounted to -X%.
Exports of Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel)
Exports in Northern America
In 2020, after two years of decline, there was growth in overseas shipments of wire of iron or non-alloy steel (stainless steel or other alloy steel), when their volume increased by X% to X tons. In general, exports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.
In value terms, iron and steel wire exports contracted modestly to $X in 2020. Over the period under review, exports, however, saw a mild slump. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.
Exports by Country
Canada represented the key exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by the U.S. (X tons), constituting a X% share of total exports.
From 2007 to 2020, the biggest increases were in Canada.
In value terms, the largest iron and steel wire supplying countries in Northern America were the U.S. ($X) and Canada ($X U.S. saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.
Export Prices by Country
In 2020, the iron and steel wire export price in Northern America amounted to $X per ton, falling by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the export price increased by X% y-o-y. The level of export peaked at $X per ton in 2018; however, from 2019 to 2020, export prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Canada stood at $X per ton.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..
Imports of Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel)
Imports in Northern America
In 2020, overseas purchases of wire of iron or non-alloy steel (stainless steel or other alloy steel) decreased by -X% to X tons, falling for the fifth year in a row after four years of growth. In general, imports recorded a slight decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.
In value terms, iron and steel wire imports reduced to $X in 2020. Over the period under review, imports showed a slight reduction. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.
Imports by Country
The U.S. represented the main importer of wire of iron or non-alloy steel (stainless steel or other alloy steel) in Northern America, with the volume of imports accounting for X tons, which was near X% of total imports in 2020. It was distantly followed by Canada (X tons), mixing up a X% share of total imports.
From 2007 to 2020, average annual rates of growth with regard to iron and steel wire imports into the U.S. stood at -X%. Canada (-X%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.
In value terms, the U.S. ($X) constitutes the largest market for imported wire of iron or non-alloy steel (stainless steel or other alloy steel) in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.
From 2007 to 2020, the average annual rate of growth in terms of value in the U.S. totaled -X%.
Import Prices by Country
In 2020, the iron and steel wire import price in Northern America amounted to $X per ton, which is down by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, import prices remained at a lower figure.
Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was Canada ($X per ton), while the U.S. stood at $X per ton.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for iron and steel wire 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 2025.
Product coverage:
- Prodcom 24341130 - Iron or non-alloy steel wire containing < 0,25 % of carbon including crimping wire excluding stranded wire, barbed wire used for fencing - duplex wire - saw-tooth wire, insulated electric wire
- Prodcom 24341150 - Iron or non-alloy steel wire containing 0,25-0,6 % of carbon including crimped wire excluding stranded wire, barbed wire used for fencing, duplex wire, saw-tooth wire, insulated electric wire
- Prodcom 24341170 - Iron or non-alloy steel wire containing . 0,6 % of carbon including crimping wire excluding stranded wire, barbed wire used for fencing, duplex wire, saw-tooth wire, insulated electric wire
- Prodcom 24341200 - Stainless steel wire (excluding very fine sterile stainless wire used for surgical sutures)
- Prodcom 24341300 - Alloy steel wire (excluding stranded wire, barbed wire of a kind used for fencing, duplex wire, saw-tooth wire, insulated electric wire, of stainless 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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