Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United States - 2023
Contents:
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United States (CIF) - 2023
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United States (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United States
- Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United States
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United States (CIF) - 2023
The average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $19,227 per ton in December 2023, increasing by 2.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in January 2023 an increase of 21% month-to-month. Over the period under review, average import prices hit record highs at $22,315 per ton in March 2023; however, from April 2023 to December 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was China ($10,664 per ton), while the price for Vietnam ($8,609 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United States (FOB) - 2022
The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $209,307 per ton in 2022, declining by -6.2% against the previous year. Over the period under review, the export price, however, posted a moderate increase. The most prominent rate of growth was recorded in 2020 an increase of 71%. Over the period under review, the average export prices hit record highs at $223,232 per ton in 2021, and then declined in the following year.
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 ($931,603 per ton), while the average price for exports to Ecuador ($35,061 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 (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United States
For the fourth consecutive year, the United States recorded growth in overseas purchases of machine-tools; parts and accessories, tool holders and self-opening dieheadses, which increased by 49% to 37K tons in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 105%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses expanded markedly to $1.1B in 2022. The total import value increased at an average annual rate of +6.7% 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 27%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 213 | 290 | 382 | 441 | 27.5% |
| Germany | 144 | 114 | 158 | 155 | 2.5% |
| China | 233 | 134 | 115 | 110 | -22.1% |
| Japan | 61.1 | 39.8 | 47.8 | 52.6 | -4.9% |
| Israel | 50.3 | 35.8 | 46.2 | 51.7 | 0.9% |
| Switzerland | 38.1 | 37.2 | 56.2 | 49.0 | 8.7% |
| Vietnam | 2.2 | 10.4 | 28.6 | 45.1 | 173.7% |
| Sweden | 33.6 | 23.1 | 31.7 | 34.4 | 0.8% |
| India | 20.8 | 12.9 | 23.9 | 27.7 | 10.0% |
| Italy | 19.0 | 15.3 | 21.5 | 22.7 | 6.1% |
| South Korea | 19.5 | 12.0 | 14.5 | 16.6 | -5.2% |
| Others | 69.3 | 53.7 | 63.9 | 93.7 | 10.6% |
| Total | 904 | 778 | 990 | 1,099 | 6.7% |
Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to the United States in 2022:
- Taiwan (Chinese) (18.2K tons)
- China (4.6K tons)
- Germany (3.6K tons)
- Vietnam (1.9K tons)
- Israel (1.3K tons)
- Japan (1.3K tons)
- Switzerland (1.3K tons)
- India (1.2K tons)
- Italy (1.0K tons)
- South Korea (0.5K tons)
- Sweden (0.3K tons)
Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United States
Exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses from the United States surged to 1.1K tons in 2022, picking up by 20% compared with the previous year's figure. In general, exports, however, showed a drastic downturn.
In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $231M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 52.0 | 38.2 | 45.3 | 59.7 | 4.7% |
| Canada | 57.3 | 48.6 | 54.3 | 58.9 | 0.9% |
| Germany | 16.9 | 9.1 | 11.0 | 13.6 | -7.0% |
| Netherlands | 13.0 | 9.7 | 11.0 | 13.5 | 1.3% |
| Japan | 10.5 | 8.4 | 11.5 | 12.0 | 4.6% |
| China | 10.0 | 7.3 | 12.3 | 11.5 | 4.8% |
| United Kingdom | 11.3 | 9.7 | 12.8 | 8.1 | -10.5% |
| Australia | 3.5 | 4.9 | 5.3 | 6.5 | 22.9% |
| Brazil | 3.7 | 2.6 | 4.5 | 6.1 | 18.1% |
| Austria | 0.1 | N/A | 0.2 | 0.8 | 100.0% |
| Honduras | 0.2 | 0.1 | 0.3 | 0.7 | 51.8% |
| Ecuador | 0.6 | 0.5 | 0.7 | 0.7 | 5.3% |
| Others | 26.2 | 22.0 | 35.8 | 38.4 | 13.6% |
| Total | 205 | 161 | 205 | 231 | 4.1% |
Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from the United States in 2022:
- Mexico (572.8 tons)
- China (87.4 tons)
- Canada (63.3 tons)
- Germany (44.2 tons)
- Australia (39.7 tons)
- Japan (28.1 tons)
- United Kingdom (27.2 tons)
- Ecuador (20.6 tons)
- Netherlands (19.1 tons)
- Brazil (18.7 tons)
- Austria (18.3 tons)
- Honduras (17.5 tons)
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