U.S. Nonferrous Metal Die-Casting Foundries Market. Analysis and Forecast to 2030
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View PricingU.S.: Market for Nonferrous Metal Die-casting Foundries 2024
Market Size for Nonferrous Metal Die-casting Foundries in the U.S.
The U.S. nonferrous metal die-casting foundry market was finally on the rise to reach $X in 2023, after four years of decline. Over the period under review, consumption, however, recorded a mild descent. As a result, consumption reached the peak level of $X. From 2016 to 2023, the growth of the market remained at a lower figure.
Production of Nonferrous Metal Die-casting Foundries in the U.S.
In value terms, nonferrous metal die-casting foundry production totaled $X in 2023. Over the period under review, production, however, saw a mild slump. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2023, production growth remained at a lower figure.
Exports of Nonferrous Metal Die-casting Foundries
Exports from the U.S.
In 2023, exports of nonferrous metal die-casting foundries from the United States fell remarkably to X tons, waning by X% compared with the previous year. Overall, exports saw a noticeable decline. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.
In value terms, nonferrous metal die-casting foundry exports expanded slightly to $X in 2023. Over the period under review, exports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
The UK (X tons), Mexico (X tons) and Germany (X tons) were the main destinations of nonferrous metal die-casting foundry exports from the United States, with a combined X% share of total exports. The Czech Republic, the Netherlands, Singapore, France, Japan, Bahamas, China, Brazil, Australia and Chile lagged somewhat behind, together accounting for a further X%.
From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahamas (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, the UK ($X), Singapore ($X) and Mexico ($X) were the largest markets for nonferrous metal die-casting foundry exported from the United States worldwide, together accounting for X% of total exports. France, Germany, the Netherlands, Japan, Australia, China, Brazil, the Czech Republic, Chile and Bahamas lagged somewhat behind, together comprising a further X%.
The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average nonferrous metal die-casting foundry export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price saw a modest increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Bahamas ($X per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nonferrous Metal Die-casting Foundries
Imports into the U.S.
In 2023, the amount of nonferrous metal die-casting foundries imported into the United States fell dramatically to X tons, declining by X% on the year before. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.
In value terms, nonferrous metal die-casting foundry imports fell rapidly to $X in 2023. Over the period under review, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, China (X tons) constituted the largest supplier of nonferrous metal die-casting foundry to the United States, with a X% share of total imports. Moreover, nonferrous metal die-casting foundry imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a X% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Taiwan (Chinese) (X% per year).
In value terms, China ($X) constituted the largest supplier of nonferrous metal die-casting foundries to the United States, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.
From 2013 to 2023, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Mexico (X% per year).
Import Prices by Country
The average nonferrous metal die-casting foundry import price stood at $X per ton in 2023, increasing by X% against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the average import price increased by X% against the previous year. The import price peaked in 2023 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for nonferrous metal die-casting foundry 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 331523 - Nonferrous metal die-casting foundries
Companies mentioned:
- Dynacast
- Gibbs Die Casting Corporation
- Pace Industries
- Madison-Kipp Corporation
- Spartan Light Metal Products
- Walker Die Casting
- Le Sueur
- Magnesium Products of America Inc.
- Eck Industries
- R.C.M. Industries
- PCC Structurals Groton
- Madison Precision Products
- Trace Die Cast
- Deco Products Company
- Aisin Automotive Casting
- Koch Enterprises
- The Fall River Group
- Cascade Die Casting Group
- Premier Tool & Die Cast Corp
- Precision Die Casting
- Edelbrock Foundry Corp.
- C P Industries
- T C H Industries Incorporated
- Lovejoy Industries
- Albany-Chicago Company
- Decorative Components
- Certech, Charles Group
- Bodine Aluminum
- Tuthill Vacuum & Blower Systems
- Alloy Die Casting Co.
- Erie Accuride L P
- Nemak USA Inc.
- Spartan Light Metal Products
- French Holdings
- Dynacast International Inc.
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
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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
- Production Nonferrous Metal Die-Casting Foundry the United States
- Price for Nonferrous Metal Die-Casting Foundry the United States
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