Report Update: May 1, 2024

U.S. - Built-In Jacking Systems Of A Type Used In Garages For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights

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Built-in Jacking System Price in the United States - 2023

Built-in Jacking System Price in the United States (CIF) - 2022

In 2022, the average built-in jacking system import price amounted to $121 per unit, falling by -25.8% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 16% against the previous year. Over the period under review, average import prices attained the maximum at $216 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($136 per unit), while the price for Turkey ($35 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.3%), while the prices for the other major suppliers experienced a decline.

Built-in Jacking System Price in the United States (FOB) - 2023

The average built-in jacking system export price stood at $2,467 per unit in August 2023, dropping by -16.8% against the previous month. In general, the export price continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 11% against the previous month. The export price peaked at $4,258 per unit in August 2022; afterwards, it flattened through to August 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Bahrain ($5,406 per unit), while the average price for exports to Canada ($2,126 per unit) 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 Bahrain (-1.9%), while the prices for the other major destinations experienced a decline.

Built-in Jacking System Imports in the United States

In 2022, imports of built-in jacking systems of a type used in garages for raising vehicles into the United States skyrocketed to 556K units, with an increase of 42% against 2021 figures. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 47%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, built-in jacking system imports expanded sharply to $67M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Built-in Jacking System in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	48.6	51.1	47.9	49.4	0.5%
Germany	1.0	3.2	7.1	7.0	91.3%
Canada	1.3	3.4	1.7	1.4	2.5%
Turkey	N/A	N/A	N/A	0.3	0%
Others	3.9	6.5	6.8	8.9	31.7%
Total	54.8	64.2	63.5	67.0	6.9%

Top Suppliers of Built-in Jacking System to the United States in 2022:

China (446.7K units)
Germany (51.3K units)
Canada (34.1K units)
Turkey (9.8K units)

Built-in Jacking System Exports in the United States

After two years of decline, shipments abroad of built-in jacking systems of a type used in garages for raising vehicles increased by 23% to 5.8K units in 2022. Overall, exports, however, recorded a noticeable reduction. Over the period under review, the exports hit record highs at 6.4K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, built-in jacking system exports soared to $20M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Built-in Jacking System in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	11.2	9.1	10.5	15.4	11.2%
Mexico	3.7	2.3	1.4	2.1	-17.2%
Bermuda	N/A	N/A	N/A	0.6	0%
United Kingdom	N/A	0.1	0.2	0.3	73.2%
New Zealand	N/A	N/A	N/A	0.3	0%
Australia	0.2	0.4	0.2	0.2	0.0%
Others	3.5	4.1	2.6	1.3	-28.1%
Total	18.7	16.0	14.9	20.2	2.6%

Top Export Markets for Built-in Jacking System from the United States in 2022:

Canada (4219.0 units)
Mexico (641.0 units)
Bermuda (267.0 units)
United Kingdom (135.0 units)
New Zealand (110.0 units)
Australia (63.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the built-in jacking system 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 28221330 - Built-in jacking systems of a type used in garages for raising vehicles

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023