U.S. - Machine Tools For Working Metal Without Removing Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Machine Tool for Metal in the United States - 2023
Contents:
- Price for Machine Tool for Metal in the United States (CIF) - 2022
- Price for Machine Tool for Metal in the United States (FOB) - 2022
- Imports of Machine Tool for Metal in the United States
- Exports of Machine Tool for Metal in the United States
Price for Machine Tool for Metal in the United States (CIF) - 2022
In 2022, the average machine tool for metal import price amounted to $3,463 per unit, with an increase of 26% against the previous year. Overall, the import price, however, showed a pronounced setback. The growth pace was the most rapid in 2016 when the average import price increased by 47% against the previous year. As a result, import price attained the peak level of $6,834 per unit. From 2017 to 2022, the average import prices remained at a 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 Germany ($15,959 per unit), while the price for the UK ($759 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Machine Tool for Metal in the United States (FOB) - 2022
In 2022, the average machine tool for metal export price amounted to $243 per unit, which is down by -17.4% against the previous year. Over the period under review, the export price showed a deep downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 14% against the previous year. As a result, the export price reached the peak level of $738 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($421 per unit), while the average price for exports to Guatemala ($50 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.9%), while the prices for the other major destinations experienced a decline.
Imports of Machine Tool for Metal in the United States
In 2022, supplies from abroad of machine tools for working metal without removing metal decreased by -1.2% to 30K units, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.6% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 51%. As a result, imports reached the peak of 39K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, machine tool for metal imports skyrocketed to $104M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Machine Tool for Metal in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.1 | 13.7 | 12.1 | 27.7 | -5.8% |
| Switzerland | 3.6 | 19.5 | 11.6 | 19.3 | 75.0% |
| Japan | 7.9 | 12.9 | 27.2 | 11.1 | 12.0% |
| Canada | 8.7 | 9.3 | 5.6 | 6.9 | -7.4% |
| Spain | 2.3 | 1.5 | 1.2 | 5.6 | 34.5% |
| China | 3.9 | 5.9 | 4.8 | 4.3 | 3.3% |
| Taiwan (Chinese) | 4.7 | 8.6 | 6.6 | 3.8 | -6.8% |
| Australia | 1.7 | 1.8 | 2.9 | 3.6 | 28.4% |
| United Kingdom | 3.0 | 0.8 | 0.9 | 3.2 | 2.2% |
| Others | 11.8 | 9.4 | 10.4 | 18.2 | 15.5% |
| Total | 80.7 | 83.2 | 83.2 | 104 | 8.8% |
Top Suppliers of Machine Tool for Metal to the United States in 2022:
- Japan (6.2K units)
- Taiwan (Chinese) (4.8K units)
- Canada (4.5K units)
- United Kingdom (4.2K units)
- Australia (2.4K units)
- Spain (2.4K units)
- Germany (1.7K units)
- Switzerland (1.5K units)
- China (0.4K units)
Exports of Machine Tool for Metal in the United States
Machine tool for metal exports from the United States skyrocketed to 283K units in 2022, with an increase of 55% on the year before. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, machine tool for metal exports surged to $69M in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Machine Tool for Metal in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 16.1 | 15.8 | 12.0 | 17.4 | 2.6% |
| Germany | 6.8 | 3.3 | 1.8 | 11.1 | 17.7% |
| Canada | 14.8 | 11.4 | 13.1 | 9.6 | -13.4% |
| United Kingdom | 1.3 | 0.5 | 0.9 | 2.9 | 30.7% |
| Japan | 2.6 | 6.0 | 6.3 | 2.5 | -1.3% |
| China | 2.3 | 2.4 | 2.0 | 2.1 | -3.0% |
| Poland | 0.2 | 0.3 | 0.2 | 1.5 | 95.7% |
| Australia | 2.0 | 1.1 | 1.8 | 1.4 | -11.2% |
| Brazil | 0.3 | 0.3 | 0.6 | 1.0 | 49.4% |
| Italy | 0.4 | 0.5 | 0.4 | 0.8 | 26.0% |
| Peru | 0.6 | 0.5 | 0.6 | 0.8 | 10.1% |
| Guatemala | 0.5 | 0.1 | 0.3 | 0.6 | 6.3% |
| Others | 18.1 | 12.0 | 13.9 | 17.3 | -1.5% |
| Total | 66.2 | 54.5 | 53.9 | 68.9 | 1.3% |
Top Export Markets for Machine Tool for Metal from the United States in 2022:
- Germany (45.3K units)
- Mexico (41.4K units)
- Canada (30.1K units)
- United Kingdom (22.3K units)
- Brazil (19.9K units)
- Japan (17.5K units)
- Peru (12.0K units)
- Guatemala (11.8K units)
- Poland (8.3K units)
- Italy (7.5K units)
- China (7.4K units)
- Australia (6.2K units)
This report provides an in-depth analysis of the market for machine tool for metal 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 28413470 - Riveting machines, swaging machines and spinning lathes for working metal, machines for manufacturing flexible tubes of spiral metal strip and electro-magnetic pulse metal forming machines, and other machine tools for working metal without removing metal
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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