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Home / News / United States's Steel Sheet Piling Market to Reach 68K Tons and $93M by 2035 - News and Statistics - IndexBox
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United States's Steel Sheet Piling Market to Reach 68K Tons and $93M by 2035 - News and Statistics - IndexBox

Jun 04, 2025Jun 04, 2025

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IndexBox has just published a new report: U.S. - Sheet Piling Of Steel - Market Analysis, Forecast, Size, Trends And Insights.

The steel sheet piling market in the United States is expected to experience an increase in demand, with a forecasted CAGR of +0.5% in volume and +2.5% in value from 2024 to 2035. By the end of 2035, the market is projected to reach 68K tons in volume and $93M in value, indicating a positive upward consumption trend.

Driven by rising demand for steel sheet piling in the United States, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.5% for the period from 2024 to 2035, which is projected to bring the market volume to 68K tons by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.5% for the period from 2024 to 2035, which is projected to bring the market value to $93M (in nominal wholesale prices) by the end of 2035.

In 2024, after three years of growth, there was significant decline in consumption of sheet piling of steel, when its volume decreased by -35.5% to 65K tons. Over the period under review, consumption continues to indicate a perceptible setback. Over the period under review, consumption attained the maximum volume at 116K tons in 2014; however, from 2015 to 2024, consumption failed to regain momentum.

The value of the steel sheet piling market in the United States reduced remarkably to $71M in 2024, dropping by -42.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a pronounced decrease. Over the period under review, the market hit record highs at $136M in 2014; however, from 2015 to 2024, consumption stood at a somewhat lower figure.

In 2024, purchases abroad of sheet piling of steel decreased by -29.1% to 75K tons for the first time since 2021, thus ending a two-year rising trend. Overall, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 46%. Imports peaked at 134K tons in 2014; however, from 2015 to 2024, imports failed to regain momentum.

In value terms, steel sheet piling imports contracted significantly to $81M in 2024. Over the period under review, imports recorded a noticeable descent. The growth pace was the most rapid in 2022 when imports increased by 81%. Imports peaked at $159M in 2014; however, from 2015 to 2024, imports failed to regain momentum.

In 2023, Luxembourg (67K tons) constituted the largest steel sheet piling supplier to the United States, with a 63% share of total imports. Moreover, steel sheet piling imports from Luxembourg exceeded the figures recorded by the second-largest supplier, China (25K tons), threefold. The third position in this ranking was held by the United Arab Emirates (14K tons), with a 13% share.

From 2013 to 2023, the average annual growth rate of volume from Luxembourg amounted to -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+52.1% per year) and the United Arab Emirates (+32.0% per year).

In value terms, Luxembourg ($98M) constituted the largest supplier of sheet piling of steel to the United States, comprising 73% of total imports. The second position in the ranking was taken by China ($22M), with a 17% share of total imports. It was followed by the United Arab Emirates, with a 9.9% share.

From 2013 to 2023, the average annual rate of growth in terms of value from Luxembourg was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+49.1% per year) and the United Arab Emirates (+30.2% per year).

In 2023, the average steel sheet piling import price amounted to $1,264 per ton, rising by 6.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of 29% against the previous year. The import price peaked in 2023 and is expected to retain growth in the near future.

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 Luxembourg ($1,454 per ton), while the price for Canada ($724 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Luxembourg (+1.7%), while the prices for the other major suppliers experienced a decline.

In 2024, shipments abroad of sheet piling of steel was finally on the rise to reach 11K tons after three years of decline. Over the period under review, exports, however, showed a deep setback. The exports peaked at 23K tons in 2015; however, from 2016 to 2024, the exports failed to regain momentum.

In value terms, steel sheet piling exports skyrocketed to $18M in 2024. In general, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 39%. The exports peaked at $37M in 2013; however, from 2014 to 2024, the exports remained at a lower figure.

Canada (4.5K tons) was the main destination for steel sheet piling exports from the United States, with a 73% share of total exports. Moreover, steel sheet piling exports to Canada exceeded the volume sent to the second major destination, Mexico (985 tons), fivefold. Bahamas (63 tons) ranked third in terms of total exports with a 1% share.

From 2013 to 2023, the average annual rate of growth in terms of volume to Canada totaled -10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+7.8% per year) and Bahamas (-25.0% per year).

In value terms, Canada ($7.8M) remains the key foreign market for sheet piling of steel exports from the United States, comprising 54% of total exports. The second position in the ranking was taken by Mexico ($2.6M), with an 18% share of total exports. It was followed by Bahamas, with a 1.3% share.

From 2013 to 2023, the average annual growth rate of value to Canada totaled -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+13.9% per year) and Bahamas (-20.2% per year).

The average steel sheet piling export price stood at $2,324 per ton in 2023, remaining constant against the previous year. Overall, export price indicated temperate growth from 2013 to 2023: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, steel sheet piling export price increased by +93.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 50% against the previous year. Over the period under review, the average export prices attained the maximum in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Bahamas ($2,934 per ton), while the average price for exports to the Netherlands ($1,068 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 Bahamas (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the steel sheet piling 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.

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:

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.

Making Data-Driven Decisions to Grow Your Business

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Understanding the Current State of The Market and its Prospects

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The Latest Trends and Insights into The Industry

The Largest Import Supplying Countries

The Largest Destinations for Exports

The Largest Producers on The Market and Their Profiles