U.S. - Aluminium Alloy Wire - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAluminium Alloy Wire Price in the United States - 2023
Contents:
- Aluminium Alloy Wire Price in the United States (CIF) - 2023
- Aluminium Alloy Wire Price in the United States (FOB) - 2022
- Aluminium Alloy Wire Imports in the United States
- Aluminium Alloy Wire Exports in the United States
Aluminium Alloy Wire Price in the United States (CIF) - 2023
The average aluminium alloy wire import price stood at $3,788 per ton in July 2023, dropping by -5.5% against the previous month. Overall, the import price continues to indicate a slight downturn. The pace of growth was the most pronounced in February 2023 an increase of 19% month-to-month. As a result, import price reached the peak level of $4,399 per ton. From March 2023 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($5,914 per ton), while the price for Canada ($3,586 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.1%), while the prices for the other major suppliers experienced a decline.
Aluminium Alloy Wire Price in the United States (FOB) - 2022
In 2022, the average aluminium alloy wire export price amounted to $6,382 per ton, increasing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($7,635 per ton), while the average price for exports to Spain ($4,710 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 South Korea (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Alloy Wire Imports in the United States
In 2022, the amount of aluminium alloy wire imported into the United States totaled 48K tons, growing by 3.8% compared with the year before. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 53%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, aluminium alloy wire imports skyrocketed to $217M in 2022. Over the period under review, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 98% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
Import of Aluminium Alloy Wire in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 89.7 | 65.5 | 153 | 177 | 25.4% |
Netherlands | 4.8 | 3.9 | 6.3 | 14.1 | 43.2% |
Spain | 8.9 | 6.1 | 7.4 | 13.8 | 15.7% |
China | 8.0 | 1.9 | 3.8 | 3.3 | -25.6% |
Bahrain | 7.9 | 4.1 | 0.5 | 0.1 | -76.7% |
Others | 10.5 | 7.4 | 5.0 | 8.7 | -6.1% |
Total | 130 | 88.9 | 176 | 217 | 18.6% |
Top Suppliers of Aluminium Alloy Wire to the United States in 2022:
- Bahrain (undefinedK tons)
- Canada (41.0K tons)
- Spain (2.8K tons)
- Netherlands (2.3K tons)
- China (0.5K tons)
Aluminium Alloy Wire Exports in the United States
In 2022, approx. 13K tons of aluminium alloy wire were exported from the United States; with an increase of 2.5% on 2021. Overall, exports, however, recorded a perceptible descent. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year.
In value terms, aluminium alloy wire exports skyrocketed to $83M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Aluminium Alloy Wire in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 10.3 | 10.5 | 15.1 | 19.8 | 24.3% |
Mexico | 10.7 | 8.3 | 9.5 | 12.9 | 6.4% |
Czech Republic | 8.0 | 5.1 | 6.0 | 10.4 | 9.1% |
China | 14.3 | 8.3 | 9.6 | 8.8 | -14.9% |
Italy | 7.1 | 4.2 | 5.0 | 7.7 | 2.7% |
Spain | 2.2 | 2.1 | 3.3 | 5.3 | 34.1% |
Japan | 3.0 | 2.7 | 4.8 | 3.8 | 8.2% |
Taiwan (Chinese) | 1.5 | 0.5 | 2.3 | 2.6 | 20.1% |
Switzerland | 2.8 | 2.0 | 3.3 | 2.6 | -2.4% |
Others | 9.8 | 6.9 | 8.5 | 9.2 | -2.1% |
Total | 69.7 | 50.7 | 67.3 | 83.1 | 6.0% |
Top Export Markets for Aluminium Alloy Wire from the United States in 2022:
- Canada (3.3K tons)
- Czech Republic (1.7K tons)
- Mexico (1.7K tons)
- Italy (1.5K tons)
- China (1.3K tons)
- Spain (1.1K tons)
- Japan (0.6K tons)
- Switzerland (0.5K tons)
- Taiwan (Chinese) (0.3K tons)
This report provides an in-depth analysis of the aluminium alloy wire 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:
- Prodcom 24422350 - Aluminium alloy wire (excluding insulated electric wire and cable, twine and cordage reinforced with aluminium wire, s tranded wire and cables)
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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 aluminium alloy wire market in the U.S..
This report provides an in-depth analysis of the global aluminium alloy wire market.
This report provides an in-depth analysis of the non-alloy aluminium wire market in the USA.
This report provides an in-depth analysis of the aluminium alloy wire market in the U.S..
Global Non-Alloy Aluminium Wire Market Report 2018. This report provides an in-depth analysis of the global non-alloy aluminium wire market.
This report provides an in-depth analysis of the global aluminium alloy wire market.
Nothing found. Please try again.