U.S.: Threaded Metal Articles Market 2025

Threaded Metal Articles Market Size in the U.S.

In 2021, after two years of growth, there was significant decline in the U.S. threaded metal articles market, when its value decreased by -18.6% to $X. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then declined dramatically in the following year.

Threaded Metal Articles Production in the U.S.

In value terms, threaded metal articles production fell to $X in 2021. The total output value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 13% against the previous year. As a result, production reached the peak level of $X, and then reduced in the following year.

Threaded Metal Articles Exports

Exports from the U.S.

In 2021, overseas shipments of threaded articles of iron or steel increased by 48% to X tons, rising for the sixth consecutive year after three years of decline. In general, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 115%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, threaded metal articles exports rose significantly to $X in 2021. Over the period under review, exports recorded strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by 122% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for threaded metal articles exports from the United States, accounting for a 79% share of total exports. Moreover, threaded metal articles exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume to Canada amounted to +28.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+9.7% per year) and Germany (+17.1% per year).

In value terms, Canada ($X) remains the key foreign market for threaded articles of iron or steel exports from the United States, comprising 58% of total exports. The second position in the ranking was taken by Mexico ($X), with an 11% share of total exports. It was followed by South Korea, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value to Canada totaled +19.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+9.6% per year) and South Korea (+29.5% per year).

Export Prices by Country

In 2021, the average threaded metal articles export price amounted to $X per ton, shrinking by -26.2% against the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 7.7% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Threaded Metal Articles Imports

Imports into the U.S.

In 2021, imports of threaded articles of iron or steel into the United States skyrocketed to X tons, increasing by 36% against 2020 figures. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, threaded metal articles imports soared to $X in 2021. The total import value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest threaded metal articles supplier to the United States, with a 48% share of total imports. Moreover, threaded metal articles imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), threefold. The third position in this ranking was taken by India (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+2.0% per year) and India (+16.3% per year).

In value terms, China ($X), Taiwan (Chinese) ($X) and Germany ($X) were the largest threaded metal articles suppliers to the United States, together accounting for 54% of total imports. These countries were followed by Japan, Canada, India, Mexico, Vietnam and Denmark, which together accounted for a further 20%.

Vietnam, with a CAGR of +13.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average threaded metal articles import price amounted to $X per ton, dropping by -11.7% against the previous year. In general, the import price showed a mild setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 25%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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