Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in the United States - 2023
Contents:
- Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in the United States (FOB) - 2022
- Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in the United States (CIF) - 2022
- Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in the United States
- Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in the United States
Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in the United States (FOB) - 2022
In 2022, the average export price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $219 per unit, with an increase of 20% against the previous year. Over the last two years, it increased at an average annual rate of +16.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($1,037 per unit), while the average price for exports to Togo ($1 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+411.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in the United States (CIF) - 2022
In 2022, the average import price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $29 per unit, shrinking by -66.6% against the previous year. Over the period under review, the import price saw a significant curtailment. The pace of growth was the most pronounced in 2021 a decrease of -43.7%. The import price peaked at $157 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($31 per unit), while the price for South Korea ($3.8 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-25.0%), while the prices for the other major suppliers experienced a decline.
Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in the United States
In 2022, after three years of growth, there was significant decline in shipments abroad of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses, when their volume decreased by -13.5% to 478K units. In general, exports saw a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year. As a result, the exports attained the peak of 553K units, and then shrank in the following year.
In value terms, exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses stood at $105M in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Canada | 12.5 | 17.4 | 21.2 | 30.2% | |
Taiwan (Chinese) | 22.2 | 30.7 | 17.8 | -10.5% | |
Germany | 0.6 | 2.0 | 8.2 | 269.7% | |
Mexico | 6.0 | 6.0 | 6.9 | 7.2% | |
United Kingdom | 4.9 | 4.2 | 6.6 | 16.1% | |
Trinidad and Tobago | 1.6 | 2.8 | 3.1 | 39.2% | |
Japan | 4.3 | 5.9 | 3.0 | -16.5% | |
France | 1.0 | 0.8 | 2.4 | 54.9% | |
Qatar | 3.2 | 1.5 | 1.0 | -44.1% | |
Panama | 0.5 | 0.3 | 0.7 | 18.3% | |
Greece | 1.0 | N/A | 0.3 | -45.2% | |
Togo | N/A | N/A | N/A | 0% | |
Others | 23.4 | 29.0 | 33.3 | 19.3% | |
Total | 80.9 | 101 | 105 | 13.9% |
Top Export Markets for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons from the United States in 2022:
- Canada (187.8K units)
- United Kingdom (86.8K units)
- Taiwan (Chinese) (68.3K units)
- Togo (33.8K units)
- Trinidad and Tobago (9.7K units)
- France (8.1K units)
- Panama (8.0K units)
- Germany (7.9K units)
- Mexico (6.7K units)
- Japan (6.0K units)
- Qatar (1.0K units)
- Greece (0.3K units)
Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in the United States
For the fourth year in a row, the United States recorded growth in purchases abroad of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses, which increased by 237% to 2.9M units in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $86M in 2022. In general, imports, however, recorded a noticeable downturn. Over the period under review, imports of attained the peak figure at $95M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Mexico | 36.4 | 40.4 | 48.9 | 15.9% | |
Canada | 8.2 | 8.4 | 10.2 | 11.5% | |
China | 4.0 | 4.6 | 5.1 | 12.9% | |
United Kingdom | 8.3 | 8.1 | 4.4 | -27.2% | |
Denmark | 2.0 | 1.1 | 2.3 | 7.2% | |
France | 1.4 | 2.8 | 2.0 | 19.5% | |
South Korea | 0.1 | 0.1 | 0.9 | 200.0% | |
Others | 11.1 | 11.4 | 12.6 | 6.5% | |
Total | 71.7 | 76.9 | 86.4 | 9.8% |
Top Suppliers of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons to the United States in 2022:
- Mexico (1584.8K units)
- Canada (331.8K units)
- South Korea (240.3K units)
- China (165.5K units)
- United Kingdom (144.1K units)
- Denmark (73.3K units)
- France (64.2K units)
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