Northern America: Stainless Steel Angle Market 2024

Stainless Steel Angle Market Size in Northern America

The North American stainless steel angle market skyrocketed to $X in 2022, growing by X% against the previous year. In general, consumption recorded resilient growth. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Stainless Steel Angle Production in Northern America

In value terms, stainless steel angle production amounted to $X in 2022 estimated in export price. Over the period under review, production showed resilient growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Stainless Steel Angle Exports

Exports in Northern America

In 2022, overseas shipments of angles, shapes and sections of stainless steel or other alloy steel increased by X% to X tons, rising for the second year in a row after four years of decline. Overall, exports, however, recorded a deep downturn. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, stainless steel angle exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States was the major exporter of angles, shapes and sections of stainless steel or other alloy steel in Northern America, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by Canada (X tons), achieving a X% share of total exports.

The United States was also the fastest-growing in terms of the angles, shapes and sections of stainless steel or other alloy steel exports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Canada (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest stainless steel angle supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

In the United States, stainless steel angle exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, rising by X% against the previous year. Export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stainless steel angle export price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Stainless Steel Angle Imports

Imports in Northern America

Stainless steel angle imports surged to X tons in 2022, picking up by X% against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, stainless steel angle imports surged to $X in 2022. Over the period under review, imports showed a noticeable increase. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, the United States (X tons) was the main importer of angles, shapes and sections of stainless steel or other alloy steel, committing X% of total imports. It was distantly followed by Canada (X tons), making up a X% share of total imports.

The United States was also the fastest-growing in terms of the angles, shapes and sections of stainless steel or other alloy steel imports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by X percentage points.

In value terms, the United States ($X) constitutes the largest market for imported angles, shapes and sections of stainless steel or other alloy steel in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to X%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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