Price for Liquid Elevators; Parts Thereof in the United States - 2023

Contents:

1. Price for Liquid Elevators; Parts Thereof in the United States (CIF) - 2022
2. Price for Liquid Elevators; Parts Thereof in the United States (FOB) - 2022
3. Imports of Liquid Elevators; Parts Thereof in the United States
4. Exports of Liquid Elevators; Parts Thereof in the United States

Price for Liquid Elevators; Parts Thereof in the United States (CIF) - 2022

In 2022, the average liquid elevators; parts thereof import price amounted to $6,596 per ton, rising by 27% against the previous year. In general, the import price, however, recorded a drastic downturn. The import price peaked at $24,317 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($13,656 per ton), while the price for China ($3,369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+18.7%), while the prices for the other major suppliers experienced a decline.

Price for Liquid Elevators; Parts Thereof in the United States (FOB) - 2022

In 2022, the average liquid elevators; parts thereof export price amounted to $35,673 per ton, growing by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2021 an increase of 31%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($201,044 per ton), while the average price for exports to Guatemala ($8,855 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Liquid Elevators; Parts Thereof in the United States

For the fourth year in a row, the United States recorded growth in overseas purchases of liquid elevators; parts thereoves, which increased by 30% to 4.6K tons in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.7% 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 +67.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, liquid elevators; parts thereof imports skyrocketed to $31M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Liquid Elevators; Parts Thereof to the United States in 2022:

1. China (1896.7 tons)
2. Saudi Arabia (1284.2 tons)
3. India (955.4 tons)
4. Taiwan (Chinese) (315.7 tons)

Exports of Liquid Elevators; Parts Thereof in the United States

In 2022, the amount of liquid elevators; parts thereoves exported from the United States stood at 356 tons, picking up by 3.6% against the year before. Overall, exports, however, recorded a pronounced contraction.

In value terms, liquid elevators; parts thereof exports soared to $13M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Liquid Elevators; Parts Thereof from the United States in 2022:

1. Guatemala (116.1 tons)
2. Mexico (73.1 tons)
3. Dominican Republic (33.8 tons)
4. Ecuador (20.9 tons)
5. Chile (14.1 tons)
6. Pakistan (12.6 tons)
7. Canada (10.4 tons)
8. Saudi Arabia (10.1 tons)
9. Colombia (8.9 tons)
10. Uruguay (7.5 tons)
11. Israel (6.9 tons)
12. Germany (0.7 tons)
13. China (0.3 tons)

Source: IndexBox Market Intelligence Platform