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U.S. - Iron Or Steel Bridges And Bridge-Sections - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Bridges in the United States - 2023
Contents:
- Price for Iron or Steel Bridges in the United States (CIF) - 2022
- Price for Iron or Steel Bridges in the United States (FOB) - 2023
- Imports of Iron or Steel Bridges in the United States
- Exports of Iron or Steel Bridges in the United States
Price for Iron or Steel Bridges in the United States (CIF) - 2022
The average iron or steel bridges import price stood at $4,705 per ton in 2022, with an increase of 61% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($9,230 per ton), while the price for the United Arab Emirates ($2,105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Bridges in the United States (FOB) - 2023
The average iron or steel bridges export price stood at $4,200 per ton in August 2023, reducing by -1.5% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in May 2023 when the average export price increased by 39% month-to-month. Over the period under review, the average export prices reached the peak figure at $5,265 per ton in October 2022; however, from November 2022 to August 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In August 2023, the highest price was recorded for prices to Canada ($4,270 per ton) and Colombia ($4,058 per ton), while the average price for exports to Chile ($4,000 per ton) and Germany ($4,000 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Bridges in the United States
In 2022, iron or steel bridges imports into the United States rose markedly to 15K tons, increasing by 12% compared with 2021. The total import volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, iron or steel bridges imports surged to $69M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Iron or Steel Bridges in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 14.3 | 9.1 | 9.8 | 45.8 | 47.4% |
Turkey | N/A | N/A | N/A | 8.2 | 0% |
United Kingdom | 8.3 | 3.5 | 3.1 | 6.9 | -6.0% |
United Arab Emirates | N/A | 1.0 | N/A | 3.5 | 87.1% |
China | 1.5 | 0.1 | 0.5 | 1.2 | -7.2% |
Mexico | N/A | N/A | 0.3 | 0.9 | 200.0% |
India | 0.6 | 0.7 | 0.7 | 0.8 | 10.1% |
South Korea | 3.0 | 1.8 | 0.1 | N/A | -81.7% |
Thailand | 8.9 | 21.8 | 6.4 | N/A | -15.2% |
Indonesia | 1.7 | N/A | N/A | N/A | 0% |
Others | 1.3 | 8.6 | 17.0 | 1.4 | 2.5% |
Total | 39.6 | 46.5 | 38.0 | 68.7 | 20.2% |
Top Suppliers of Iron or Steel Bridges to the United States in 2022:
- Indonesia (undefinedK tons)
- South Korea (undefinedK tons)
- Canada (9.7K tons)
- United Arab Emirates (1.7K tons)
- Turkey (1.0K tons)
- United Kingdom (0.8K tons)
- India (0.4K tons)
- Mexico (0.3K tons)
- China (0.3K tons)
Exports of Iron or Steel Bridges in the United States
In 2022, after two years of decline, there was significant growth in overseas shipments of iron or steel bridges and bridge-sections, when their volume increased by 68% to 12K tons. Over the period under review, exports, however, faced a deep downturn.
In value terms, iron or steel bridges exports skyrocketed to $49M in 2022. In general, exports, however, saw a abrupt shrinkage.
Export of Iron or Steel Bridges in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 15.8 | 10.0 | 8.8 | 15.3 | -1.1% |
Norway | N/A | N/A | N/A | 6.0 | 0% |
Panama | 0.1 | N/A | N/A | 5.6 | 282.6% |
Malaysia | N/A | N/A | 0.9 | 4.3 | 377.8% |
United Kingdom | N/A | N/A | N/A | 4.0 | 0% |
New Zealand | 0.6 | 1.7 | 0.2 | 2.1 | 51.8% |
Ghana | N/A | N/A | N/A | 1.7 | 0% |
Peru | 2.4 | 1.3 | 2.4 | 1.6 | -12.6% |
Mexico | 0.7 | 1.2 | 0.9 | 1.3 | 22.9% |
Australia | N/A | N/A | N/A | 0.9 | 0% |
Dominican Republic | 0.5 | 0.3 | 0.2 | 0.9 | 21.6% |
Costa Rica | 0.3 | N/A | 0.4 | 0.7 | 32.6% |
Zambia | 42.9 | N/A | N/A | N/A | 0% |
Others | 30.9 | 26.6 | 13.6 | 4.1 | -49.0% |
Total | 94.2 | 41.1 | 27.5 | 48.5 | -19.9% |
Top Export Markets for Iron or Steel Bridges from the United States in 2022:
- Canada (3951.9 tons)
- Norway (2316.9 tons)
- Panama (1731.1 tons)
- Malaysia (822.2 tons)
- United Kingdom (537.7 tons)
- Ghana (329.9 tons)
- New Zealand (328.5 tons)
- Mexico (309.8 tons)
- Peru (232.6 tons)
- Costa Rica (205.2 tons)
- Dominican Republic (201.5 tons)
- Australia (196.8 tons)
This report provides an in-depth analysis of the market for iron or steel bridges in the U.S.. 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 2030.
Product coverage:
- Prodcom 25112100 - Iron or steel bridges and bridge-sections
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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