The market is dominated by domestic suppliers, as imports account for 30.1% of total market size in 2021. B2B drives market demand, with B2B spending representing 85.2% of total demand in 2021. The US has the largest market size for metal packaging, wire and other fabricated metal products across the top 20 developed countries, with demand reaching USD166 billion in 2021. The total number of companies increases in 2021, to 12,593 units. The costs of the industry increase by 8.5% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 11.0% of production value in 2021, the 12th highest across the top 20 developed countries. With production value of USD115 billion, the US accounts for 94.0% of the North America total in 2021.
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This Euromonitor industrial report provides unique information on Metal Packaging, Wire and Other Fabricated Metal Products in the US: ISIC 2899. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Metal Packaging, Wire and Other Fabricated Metal Products in the US: ISIC 2899 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.See All of Our Definitions
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