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U.S. - Articles Of Non-Malleable Cast Iron - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Malleable Cast Iron Articles in the United States - 2023
Contents:
- Price for Non-Malleable Cast Iron Articles in the United States (CIF) - 2023
- Price for Non-Malleable Cast Iron Articles in the United States (FOB) - 2022
- Imports of Non-Malleable Cast Iron Articles in the United States
- Exports of Non-Malleable Cast Iron Articles in the United States
Price for Non-Malleable Cast Iron Articles in the United States (CIF) - 2023
In September 2023, the average non-malleable cast iron articles import price amounted to $2,105 per ton, surging by 1.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 16% month-to-month. Over the period under review, average import prices attained the peak figure at $2,236 per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($5,799 per ton), while the price for India ($1,568 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Malleable Cast Iron Articles in the United States (FOB) - 2022
In 2022, the average non-malleable cast iron articles export price amounted to $3,453 per ton, with an increase of 16% against the previous year. Overall, the export price, however, saw a mild curtailment. Over the period under review, the average export prices reached the peak figure at $4,344 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mali ($3,914 per ton) and Canada ($3,440 per ton), while the average price for exports to the UK ($2,699 per ton) and Mexico ($2,839 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.2%), while the prices for the other major destinations experienced a decline.
Imports of Non-Malleable Cast Iron Articles in the United States
In 2022, imports of articles of non-malleable cast iron into the United States surged to 178K tons, picking up by 30% compared with 2021. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-malleable cast iron articles imports soared to $323M in 2022. Over the period under review, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Non-Malleable Cast Iron Articles in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 84.1 | 70.1 | 100 | 165 | 25.2% |
China | 56.7 | 29.4 | 34.1 | 53.9 | -1.7% |
Mexico | 26.6 | 15.1 | 20.6 | 24.6 | -2.6% |
Spain | 8.0 | 6.3 | 10.2 | 15.7 | 25.2% |
Germany | 5.3 | 3.4 | 8.5 | 12.7 | 33.8% |
Canada | 11.9 | 11.4 | 15.2 | 8.9 | -9.2% |
Others | 26.1 | 18.1 | 26.0 | 42.3 | 17.5% |
Total | 219 | 154 | 215 | 323 | 13.8% |
Top Suppliers of Non-Malleable Cast Iron Articles to the United States in 2022:
- India (126.5K tons)
- China (19.1K tons)
- Mexico (8.9K tons)
- Spain (7.2K tons)
- Germany (5.4K tons)
- Canada (2.2K tons)
Exports of Non-Malleable Cast Iron Articles in the United States
In 2022, the amount of articles of non-malleable cast iron exported from the United States contracted to 34K tons, dropping by -2.6% on the previous year. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. As a result, the exports attained the peak of 35K tons, and then declined modestly in the following year.
In value terms, non-malleable cast iron articles exports expanded remarkably to $116M in 2022. The total export value increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 36%. The exports peaked in 2022 and are likely to see steady growth in the near future.
Export of Non-Malleable Cast Iron Articles in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 48.2 | 40.7 | 56.4 | 66.7 | 11.4% |
Mexico | 23.2 | 13.9 | 17.7 | 22.0 | -1.8% |
Mali | N/A | 3.7 | 4.1 | 5.7 | 24.1% |
United Kingdom | 2.1 | 1.9 | 2.1 | 2.7 | 8.7% |
Germany | 2.4 | 2.9 | 3.8 | 2.7 | 4.0% |
Belgium | 4.5 | 1.1 | 2.8 | 2.4 | -18.9% |
Others | 16.7 | 11.3 | 15.6 | 14.0 | -5.7% |
Total | 97.0 | 75.5 | 103 | 116 | 6.1% |
Top Export Markets for Non-Malleable Cast Iron Articles from the United States in 2022:
- Canada (19.4K tons)
- Mexico (7.8K tons)
- Mali (1.5K tons)
- United Kingdom (1.0K tons)
- Germany (0.9K tons)
- Belgium (0.8K tons)
This report provides an in-depth analysis of the market for non-malleable cast iron articles 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 25992913 - Articles of non-malleable cast iron, n.e.c.
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
This report provides an in-depth analysis of the market for non-malleable cast iron articles in the U.S..
This report provides an in-depth analysis of the cast metal articles market in the USA.
This report provides an in-depth analysis of the global market for non-malleable cast iron articles.
Global Cast Metal Articles Market Report 2018. This report provides an in-depth analysis of the global cast metal articles market.
This report provides an in-depth analysis of the market for non-malleable cast iron articles in the U.S..
This report provides an in-depth analysis of the cast metal articles market in the USA.
This report provides an in-depth analysis of the global market for non-malleable cast iron articles.
Global Cast Metal Articles Market Report 2018. This report provides an in-depth analysis of the global cast metal articles market.
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