
U.S. Motor Home Market. Analysis And Forecast to 2030
U.S. Motor Home Price Grows Notably to $77,164 per Unit After Peaking in June
U.S. Motor Home Export Price in October 2022
In October 2022, the motor home price stood at $77,164 per unit (FOB, US), increasing by 6.7% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 an increase of 14% m-o-m. Over the period under review, the average export prices reached the peak figure at $82,149 per unit in June 2022; afterwards, it flattened through to October 2022.
There were significant differences in the average prices for the major overseas markets. In October 2022, the country with the highest price was Canada ($98,615 per unit), while the average price for exports to the Dominican Republic ($22,923 per unit) was amongst the lowest.
From January 2022 to October 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Motor Home Exports
In October 2022, after two months of growth, there was significant decline in shipments abroad of motor homes, when their volume decreased by -16.6% to 728 units. Over the period under review, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in March 2022 with an increase of 94% against the previous month. As a result, the exports attained the peak of 1.1K units. From April 2022 to October 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, motor home exports fell to $56M (IndexBox estimates) in October 2022. Overall, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in March 2022 when exports increased by 113% month-to-month. The exports peaked at 80M units in May 2022; however, from June 2022 to October 2022, the exports remained at a lower figure.
U.S. Motor Home Exports by Country
Canada (494 units) was the main destination for motor home exports from the United States, with a 68% share of total exports. Moreover, motor home exports to Canada exceeded the volume sent to the second major destination, the Dominican Republic (116 units), fourfold.
From January 2022 to October 2022, the average monthly growth rate of volume to Canada totaled +7.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Dominican Republic (+5.0% per month) and Mexico (+35.8% per month).
In value terms, Canada ($49M) remains the key foreign market for motor home exports from the United States, comprising 87% of total exports. The second position in the ranking was held by the Dominican Republic ($2.7M), with a 4.7% share of total exports.
From January 2022 to October 2022, the average monthly rate of growth in terms of value to Canada stood at +7.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Dominican Republic (+5.5% per month) and Mexico (+42.8% per month).
This report provides an in-depth analysis of the motor home 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
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
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