U.S. Rolling Mill And Other Metalworking Machinery Market. Analysis And Forecast to 2030
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View PricingRolling Mill Price in the United States - 2023
Contents:
- Rolling Mill Price in the United States (CIF) - 2022
- Rolling Mill Price in the United States (FOB) - 2022
- Rolling Mill Imports in the United States
- Rolling Mill Exports in the United States
Rolling Mill Price in the United States (CIF) - 2022
In 2022, the average rolling mill import price amounted to $19,780 per ton, surging by 9.9% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2020 an increase of 21%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($30,789 per ton), while the price for Malaysia ($2,147 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Rolling Mill Price in the United States (FOB) - 2022
In 2022, the average rolling mill export price amounted to $82,305 per ton, with an increase of 29% against the previous year. Overall, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 123%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($445,162 per ton), while the average price for exports to Italy ($17,486 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.
Rolling Mill Imports in the United States
In 2022, imports of rolling mill and other metalworking machinery into the United States amounted to 47K tons, surging by 2% compared with 2021. Overall, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 6.3% against the previous year.
In value terms, rolling mill imports totaled $922M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Rolling Mill in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 228 | 176 | 166 | 197 | -4.8% |
| Germany | 168 | 154 | 181 | 173 | 1.0% |
| Canada | 48.5 | 30.5 | 70.9 | 73.9 | 15.1% |
| China | 58.1 | 36.6 | 75.2 | 67.5 | 5.1% |
| South Korea | 37.9 | 63.9 | 56.8 | 60.2 | 16.7% |
| Japan | 48.8 | 55.3 | 48.7 | 44.6 | -3.0% |
| India | 6.7 | 5.0 | 12.2 | 22.8 | 50.4% |
| Thailand | 6.0 | 6.3 | 2.5 | 22.7 | 55.8% |
| Turkey | 2.4 | 8.5 | 15.6 | 15.2 | 85.0% |
| Taiwan (Chinese) | 10.3 | 6.8 | 10.1 | 13.2 | 8.6% |
| Czech Republic | 15.0 | 5.5 | 7.3 | 7.4 | -21.0% |
| Mexico | 5.4 | 4.8 | 3.7 | 5.7 | 1.8% |
| Malaysia | 0.4 | 0.3 | 0.3 | 3.6 | 108.0% |
| Others | 193 | 174 | 173 | 215 | 3.7% |
| Total | 829 | 728 | 823 | 922 | 3.6% |
Top Suppliers of Rolling Mill to the United States in 2022:
- Italy (10.0K tons)
- China (7.6K tons)
- Germany (7.5K tons)
- Canada (2.7K tons)
- Japan (2.2K tons)
- Czech Republic (2.1K tons)
- India (2.1K tons)
- South Korea (2.0K tons)
- Malaysia (1.7K tons)
- Thailand (1.3K tons)
- Taiwan (Chinese) (0.9K tons)
- Turkey (0.8K tons)
- Mexico (0.8K tons)
Rolling Mill Exports in the United States
In 2022, after two years of decline, there was significant growth in shipments abroad of rolling mill and other metalworking machinery, when their volume increased by 12% to 4.6K tons. Over the period under review, exports, however, continue to indicate a dramatic contraction.
In value terms, rolling mill exports skyrocketed to $376M in 2022. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Rolling Mill in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 120 | 78.3 | 92.4 | 98.5 | -6.4% |
| China | 85.0 | 47.7 | 27.3 | 81.2 | -1.5% |
| Hungary | 0.1 | 0.3 | 0.2 | 53.8 | 713.3% |
| Canada | 28.4 | 30.1 | 31.4 | 37.7 | 9.9% |
| India | 22.7 | 6.1 | 6.3 | 8.8 | -27.1% |
| Turkey | 1.7 | 0.8 | 0.6 | 8.4 | 70.3% |
| Saudi Arabia | 0.7 | 0.8 | 0.6 | 7.2 | 117.5% |
| Germany | 8.6 | 10.9 | 8.6 | 7.0 | -6.6% |
| South Korea | 4.1 | 4.7 | 1.4 | 5.7 | 11.6% |
| Honduras | 5.5 | 3.6 | 4.2 | 4.5 | -6.5% |
| Japan | 9.3 | 10.5 | 3.3 | 2.8 | -33.0% |
| Italy | 3.8 | 6.4 | 7.4 | 2.5 | -13.0% |
| Taiwan (Chinese) | 4.8 | 3.7 | 2.5 | 2.4 | -20.6% |
| Others | 72.6 | 57.2 | 73.2 | 55.2 | -8.7% |
| Total | 368 | 261 | 259 | 376 | 0.7% |
Top Export Markets for Rolling Mill from the United States in 2022:
- China (1328.9 tons)
- Mexico (802.9 tons)
- Canada (563.4 tons)
- Saudi Arabia (230.7 tons)
- Germany (202.4 tons)
- Turkey (162.2 tons)
- Italy (141.6 tons)
- Hungary (120.9 tons)
- India (104.9 tons)
- South Korea (95.1 tons)
- Honduras (68.8 tons)
- Taiwan (Chinese) (27.6 tons)
- Japan (17.0 tons)
This report provides an in-depth analysis of the rolling mill market 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:
- NAICS 333519 - Rolling mill and other metalworking machinery manufacturing
Companies mentioned:
- Milacron
- Sunnen Products Company
- J.R. Automation Technologies
- Greenlee Textron
- Fives
- Boyd LTI, The Bradbury Co
- SMS USA
- I2s
- Kuka Systems North America
- Dominion Technologies Group
- Bardons & Oliver
- Galaxy Technologies
- Symbotic
- American Roller Company
- George Koch Sons
- Blachford Enterprises
- Buck Company
- Star Precision
- Park Corporation
- United Rolls
- Enprotech Industrial Technologies
- Norgren Automation Solutions
- Iwka Holding Corp.
- The Entwistle Trust
- Utica International
- O S M Glassification
- Jr Technology Group
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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