U.S. - Prepared Binders For Foundry Moulds Or Cores - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Binders Price in the United States - 2023
Contents:
- Prepared Binders Price in the United States (FOB) - 2023
- Prepared Binders Price in the United States (CIF) - 2023
- Prepared Binders Exports in the United States
- Prepared Binders Imports in the United States
Prepared Binders Price in the United States (FOB) - 2023
The average prepared binders export price stood at $3,128 per ton in August 2023, which is down by -12.9% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 73% month-to-month. The export price peaked at $3,864 per ton in September 2022; however, from October 2022 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Brazil ($5,552 per ton), while the average price for exports to China ($1,167 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Prepared Binders Price in the United States (CIF) - 2023
The average prepared binders import price stood at $2,976 per ton in August 2023, with an increase of 5.7% against the previous month. Over the period under review, the import price, however, continues to indicate a noticeable setback. The pace of growth appeared the most rapid in December 2022 an increase of 8.9% month-to-month. The import price peaked at $3,892 per ton in October 2022; however, from November 2022 to August 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From August 2022 to August 2023, the rate of growth in terms of prices for Canada amounted to -2.4% per month.
Prepared Binders Exports in the United States
In 2022, the amount of prepared binders for foundry moulds or cores exported from the United States shrank to 22K tons, which is down by -12.1% against the previous year. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 18%.
In value terms, prepared binders exports expanded markedly to $72M in 2022. Overall, exports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year.
Export of Prepared Binders in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 48.6 | 32.7 | 43.4 | 43.0 | -4.0% |
Canada | 10.6 | 8.4 | 9.6 | 11.8 | 3.6% |
China | 4.3 | 3.3 | 3.6 | 5.5 | 8.6% |
Germany | 0.4 | 0.7 | 1.7 | 1.7 | 62.0% |
Netherlands | 0.8 | 0.5 | 0.3 | 0.6 | -9.1% |
Others | 13.0 | 6.9 | 9.4 | 9.2 | -10.9% |
Total | 77.7 | 52.5 | 67.9 | 71.9 | -2.6% |
Top Export Markets for Prepared Binders from the United States in 2022:
- Mexico (11.2K tons)
- Canada (6.1K tons)
- Germany (1.3K tons)
- China (1.3K tons)
- Netherlands (0.5K tons)
Prepared Binders Imports in the United States
In 2022, the amount of prepared binders for foundry moulds or cores imported into the United States rose sharply to 8.1K tons, picking up by 6.2% against the previous year's figure. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, prepared binders imports skyrocketed to $31M in 2022. Over the period under review, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 68%. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Prepared Binders in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 16.6 | 11.2 | 19.8 | 29.5 | 21.1% |
Japan | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
China | 0.5 | 0.5 | 0.4 | 0.3 | -15.7% |
Others | 1.1 | 0.8 | 0.8 | 0.6 | -18.3% |
Total | 18.6 | 12.7 | 21.4 | 31.0 | 18.6% |
Top Suppliers of Prepared Binders to the United States in 2022:
- Canada (7.7K tons)
- Japan (0.2K tons)
- China (0.1K tons)
This report provides an in-depth analysis of the prepared binders 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 20595720 - Prepared binders for foundry moulds or cores
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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