U.S. Air and Gas Compressor Market. Analysis and Forecast to 2025 - Key Insights

IndexBox has just published a new report "U.S. Air And Gas Compressor Market. Analysis And Forecast to 2025". Here is a summary of the report's key findings.

In value terms, air and gas compressor production totaled $X in 2017. Overall, air and gas compressor production continues to indicate a deep contraction. The growth pace was the most rapid in 2014, when the output figure increased by X% y-o-y. In that year, the air and gas compressor production attained their peak level of $X. From 2015 to 2017, growth of the air and gas compressor production stood at a somewhat lower level.

Exports of Air And Gas Compressors

Exports from the USA

In 2017, air and gas compressor exports from the U.S. stood at X tons, going up by X% against the previous year. Overall, air and gas compressor exports continue to indicate an abrupt deduction. The pace of growth was the most pronounced in 2014, when it surged by X% y-o-y. In that year, the air and gas compressor exports reached their peak volume of X tons. From 2015 to 2017, growth of the air and gas compressor exports failed to regain its momentum.

In value terms, air and gas compressor exports totaled $X in 2017. Overall, air and gas compressor exports continue to indicate a deep decrease. The exports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Exports by Country

Kuwait (X tons), China (X tons) and Spain (X tons) were the main destinations of air and gas compressor exports from the U.S., together comprising X% of total exports.

From 2013 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Spain (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest markets for air and gas compressor exported from the U.S. were Australia ($X), China ($X) and Kuwait ($X), with a combined X% share of total exports. Russia, the UK, Spain, Japan, Saudi Arabia, Singapore, Argentina, the Netherlands and Colombia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Spain (+X% per year) recorded the highest rates of growth with regard to exports, over the last four year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the average air and gas compressor export price amounted to $X per kg, surging by X% against the previous year. In general, air and gas compressor export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when it surged by X% year-to-year. Over the period under review, the average export prices for air and gas compressors attained its maximum level of $X per kg in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Australia ($X per kg), while average price for exports to the Netherlands ($X per kg) was amongst the lowest.

From 2013 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Japan (+X% per year), the export prices for the other major destinations experienced more modest paces of growth.

Imports of Air And Gas Compressors

Imports into the USA

In 2017, the amount of air and gas compressors imported into the U.S. amounted to X tons, remaining stable against the previous year. The total import volume increased an average annual rate of +X% over the period from 2013 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014, when imports increased by X% against the previous year. The imports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, air and gas compressor imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2013 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the air and gas compressor imports reached its peak figure level in 2017, and are expected to retain its growth in the near future.

Imports by Country

In 2017, China (X tons) constituted the largest supplier of air and gas compressor to the U.S., with a X% share of total imports. Moreover, air and gas compressor imports from China exceeded the figures recorded by the second largest supplier, Germany (X tons), ninefold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2013 to 2017, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (+X% per year).

In value terms, China ($X) constituted the largest supplier of air and gas compressor to the U.S., making up X% of total air and gas compressor imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2013 to 2017, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2017, the average air and gas compressor import price amounted to $X per kg, coming up by X% against the previous year. Over the period from 2013 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017, when the average import price increased by X% against the previous year. In that year, the average import prices for air and gas compressors reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Japan ($X per kg), while price for China ($X per kg) was amongst the lowest.

From 2013 to 2017, the most notable rate of growth in terms of import prices was attained by Italy (+X% per year), the import prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform