Price for Safety Pins and Other Pins; of Iron or Steel in the United States - 2024
Contents:
- Price for Safety Pins and Other Pins; of Iron or Steel in the United States (CIF) - 2024
- Price for Safety Pins and Other Pins; of Iron or Steel in the United States (FOB) - 2022
- Imports of Safety Pins and Other Pins; of Iron or Steel in the United States
- Exports of Safety Pins and Other Pins; of Iron or Steel in the United States
Price for Safety Pins and Other Pins; of Iron or Steel in the United States (CIF) - 2024
In May 2024, the average import price for safety pins and other pins; of iron or steels amounted to $9,849 per ton, waning by -1.6% against the previous month. Over the period from May 2023 to May 2024, it increased at an average monthly rate of +3.0%. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 27% month-to-month. As a result, import price attained the peak level of $10,331 per ton. From December 2023 to May 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($21,991 per ton), while the price for China ($8,399 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Safety Pins and Other Pins; of Iron or Steel in the United States (FOB) - 2022
The average export price for safety pins and other pins; of iron or steels stood at $54,710 per ton in 2022, shrinking by -11.6% against the previous year. Over the period under review, the export price, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 an increase of 123%. The export price peaked at $61,923 per ton in 2021, and then fell in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($624,164 per ton), while the average price for exports to Taiwan (Chinese) ($24,346 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+61.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Safety Pins and Other Pins; of Iron or Steel in the United States
In 2022, approx. 2.8K tons of safety pins and other pins; of iron or steels were imported into the United States; growing by 13% on the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern.
In value terms, imports of safety pins and other pins; of iron or steels skyrocketed to $24M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Safety Pins and Other Pins; of Iron or Steel in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.8 | 10.6 | 11.3 | 14.1 | 3.3% |
| Malaysia | 3.9 | 3.4 | 2.7 | 3.7 | -1.7% |
| Taiwan (Chinese) | 3.6 | 3.1 | 2.4 | 3.0 | -5.9% |
| Others | 2.7 | 2.8 | 3.3 | 3.2 | 5.8% |
| Total | 23.0 | 19.9 | 19.6 | 24.0 | 1.4% |
Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to the United States in 2022:
- China (2096.4 tons)
- Taiwan (Chinese) (297.9 tons)
- Malaysia (268.7 tons)
Exports of Safety Pins and Other Pins; of Iron or Steel in the United States
In 2022, exports of safety pins and other pins; of iron or steels from the United States dropped to 195 tons, remaining stable against 2021 figures. Overall, exports recorded a sharp contraction.
In value terms, exports of safety pins and other pins; of iron or steels reduced to $11M in 2022. Over the period under review, exports saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, the exports reached the peak of $12M, and then shrank in the following year.
| Export of Safety Pins and Other Pins; of Iron or Steel in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 5,248 | 4,087 | 3,700 | 3,935 | -9.2% |
| Mexico | 1,388 | 995 | 3,507 | 1,231 | -3.9% |
| Germany | 405 | 327 | 190 | 530 | 9.4% |
| China | 131 | 199 | 287 | 460 | 52.0% |
| Peru | 285 | 283 | 126 | 390 | 11.0% |
| Poland | 124 | 195 | 285 | 376 | 44.7% |
| Belgium | 260 | 738 | 604 | 281 | 2.6% |
| Colombia | 15.7 | 63.1 | 100 | 228 | 144.0% |
| Japan | 427 | 777 | 625 | 224 | -19.3% |
| Singapore | 88.6 | 28.9 | 136 | 150 | 19.2% |
| Taiwan (Chinese) | 56.4 | 56.3 | 48.7 | 138 | 34.8% |
| United Kingdom | 1,085 | 217 | 113 | 136 | -50.0% |
| Italy | 368 | 120 | 25.5 | 49.7 | -48.7% |
| Others | 2,165 | 1,629 | 2,379 | 2,529 | 5.3% |
| Total | 12,046 | 9,713 | 12,127 | 10,659 | -4.0% |
Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from the United States in 2022:
- Canada (107.5 tons)
- Mexico (23.6 tons)
- Belgium (6.7 tons)
- Taiwan (Chinese) (5.7 tons)
- Peru (5.4 tons)
- Colombia (5.3 tons)
- Poland (4.4 tons)
- China (4.2 tons)
- Germany (4.2 tons)
- Singapore (3.7 tons)
- United Kingdom (0.4 tons)
- Japan (0.4 tons)
- Italy (0.2 tons)
341
This report provides an in-depth analysis of the sewing needle market in the USA.
342
Global Sewing Needle Market Report 2018. This report provides an in-depth analysis of the global sewing needle market.
341
This report provides an in-depth analysis of the sewing needle market in the USA.
342
Global Sewing Needle Market Report 2018. This report provides an in-depth analysis of the global sewing needle market.
Nothing found. Please try again.
