U.S. - Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

U.S. - Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - Market Analysis, Forecast, Size, Trends and Insights

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Price for Machinery for Material Treatment by Heating or Cooling Process in the United States - 2023

Contents:

  1. Price for Machinery for Material Treatment by Heating or Cooling Process in the United States (CIF) - 2022
  2. Price for Machinery for Material Treatment by Heating or Cooling Process in the United States (FOB) - 2023
  3. Imports of Machinery for Material Treatment by Heating or Cooling Process in the United States
  4. Exports of Machinery for Material Treatment by Heating or Cooling Process in the United States

Price for Machinery for Material Treatment by Heating or Cooling Process in the United States (CIF) - 2022

In 2022, the average import price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process amounted to $12,164 per unit, picking up by 6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2018 when the average import price increased by 22%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($45,629 per unit), while the price for the UK ($6,059 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery for Material Treatment by Heating or Cooling Process in the United States (FOB) - 2023

In November 2023, the average export price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process amounted to $4,442 per unit, increasing by 17% against the previous month. In general, export price indicated strong growth from November 2022 to November 2023: its price increased at an average monthly rate of +5.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process decreased by -0.6% against September 2023 indices. The pace of growth was the most pronounced in December 2022 when the average export price increased by 102% against the previous month. As a result, the export price attained the peak level of $4,679 per unit; afterwards, it flattened through to November 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($8,814 per unit), while the average price for exports to Brazil ($2,517 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery for Material Treatment by Heating or Cooling Process in the United States

In 2022, the amount of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process imported into the United States reached 78K units, flattening at the year before. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 18%. Imports peaked at 78K units in 2019; afterwards, it flattened through to 2022.

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process expanded sharply to $947M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Machinery for Material Treatment by Heating or Cooling Process in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany196143196186-1.7%
Canada1101001061398.1%
China10661.975.0101-1.6%
Mexico67.559.991.778.85.3%
Japan72.542.673.668.7-1.8%
South Korea70.797.849.250.3-10.7%
Italy48.747.941.245.2-2.5%
Singapore29.430.937.738.19.0%
Switzerland24.118.315.733.111.2%
United Kingdom17.032.231.922.39.5%
Taiwan (Chinese)5.410.912.421.558.5%
Malaysia6.110.710.119.948.3%
Austria22.58.013.614.6-13.4%
Others89.211313712812.8%
Total8657778919473.1%

Top Suppliers of Machinery for Material Treatment by Heating or Cooling Process to the United States in 2022:

  1. Germany (15.7K units)
  2. Canada (10.7K units)
  3. Mexico (7.8K units)
  4. Japan (6.3K units)
  5. Italy (5.0K units)
  6. South Korea (4.2K units)
  7. Singapore (4.1K units)
  8. United Kingdom (3.7K units)
  9. Switzerland (3.3K units)
  10. Malaysia (3.2K units)
  11. China (2.2K units)
  12. Taiwan (Chinese) (2.1K units)
  13. Austria (1.3K units)

Exports of Machinery for Material Treatment by Heating or Cooling Process in the United States

For the fourth year in a row, the United States recorded growth in shipments abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process, which increased by 27% to 215K units in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 68%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process skyrocketed to $871M in 2022. The total export value increased at an average annual rate of +8.0% 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 attained the peak and are likely to continue growth in the immediate term.

Export of Machinery for Material Treatment by Heating or Cooling Process in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico11295.711620321.9%
Canada1141121171283.9%
China10873.21001131.5%
Germany30.722.031.134.03.5%
Netherlands20.422.431.228.411.7%
South Korea32.933.024.428.2-5.0%
Guatemala1.21.12.723.7170.3%
Singapore18.816.828.023.67.9%
Ireland6.126.25.521.251.5%
Japan23.221.219.619.8-5.1%
Taiwan (Chinese)12.015.914.818.114.7%
Belgium24.532.627.617.0-11.5%
Finland8.711.013.916.323.3%
Others1791741751973.2%
Total6916587078718.0%

Top Export Markets for Machinery for Material Treatment by Heating or Cooling Process from the United States in 2022:

  1. Mexico (49.1K units)
  2. China (30.9K units)
  3. Canada (15.7K units)
  4. Germany (13.6K units)
  5. Netherlands (8.0K units)
  6. South Korea (6.4K units)
  7. Guatemala (6.2K units)
  8. Belgium (6.1K units)
  9. Finland (5.7K units)
  10. Japan (5.6K units)
  11. Singapore (5.4K units)
  12. Taiwan (Chinese) (5.1K units)
  13. Ireland (4.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machinery for material treatment by heating or cooling process 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 28296030 - Cooling towers and similar plant for direct cooling by means of recirculated water
  • Prodcom 28296050 - Vacuum-vapour plant for the deposition of metal
  • Prodcom 28296090 - Machinery, plant or laboratory equipment, whether or not electrically heated, for the treatment of materials by a process involving a change of temperature, n.e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - United States