Price for Measuring and Controlling Device in the United States - 2023
Contents:
- Price for Measuring and Controlling Device in the United States (CIF) - 2023
- Price for Measuring and Controlling Device in the United States (FOB) - 2022
- Imports of Measuring and Controlling Device in the United States
- Exports of Measuring and Controlling Device in the United States
Price for Measuring and Controlling Device in the United States (CIF) - 2023
In August 2023, the average measuring and controlling device import price amounted to $26.4 per unit, waning by -18.9% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 19% against the previous month. The import price peaked at $36.9 per unit in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($261 per unit), while the price for China ($5.0 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Mexico (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Measuring and Controlling Device in the United States (FOB) - 2022
The average measuring and controlling device export price stood at $81 per unit in 2022, with a decrease of -2.4% against the previous year. In general, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 6.8% against the previous year. Over the period under review, the average export prices hit record highs at $212 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($171 per unit), while the average price for exports to Saudi Arabia ($25 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-1.2%), while the prices for the other major destinations experienced a decline.
Imports of Measuring and Controlling Device in the United States
In 2022, the amount of other measuring and controlling devices imported into the United States rose modestly to 376M units, with an increase of 1.9% on 2021 figures. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 14%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, measuring and controlling device imports reached $9B in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 +55.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Measuring and Controlling Device in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 3,324 | 2,948 | 4,748 | 5,087 | 15.2% |
| China | 770 | 641 | 727 | 785 | 0.6% |
| Japan | 813 | 510 | 712 | 773 | -1.7% |
| Germany | 375 | 274 | 348 | 393 | 1.6% |
| Canada | 291 | 273 | 298 | 328 | 4.1% |
| United Kingdom | 252 | 194 | 234 | 241 | -1.5% |
| Mexico | 114 | 98.9 | 98.8 | 140 | 7.1% |
| Israel | 73.1 | 56.4 | 110 | 132 | 21.8% |
| Thailand | 78.1 | 69.0 | 103 | 121 | 15.7% |
| Singapore | 47.4 | 36.3 | 50.0 | 57.0 | 6.3% |
| Philippines | 71.8 | 50.0 | 68.6 | 50.5 | -11.1% |
| Others | 799 | 642 | 812 | 883 | 3.4% |
| Total | 7,008 | 5,792 | 8,309 | 8,990 | 8.7% |
Top Suppliers of Measuring and Controlling Device to the United States in 2022:
- China (155.7M units)
- Japan (73.7M units)
- Switzerland (20.6M units)
- Mexico (15.1M units)
- Canada (13.9M units)
- United Kingdom (10.3M units)
- Israel (9.6M units)
- Germany (8.9M units)
- Philippines (7.4M units)
- Singapore (7.1M units)
- Thailand (7.0M units)
Exports of Measuring and Controlling Device in the United States
For the fourth consecutive year, the United States recorded growth in shipments abroad of other measuring and controlling devices, which increased by 2.7% to 99M units in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, measuring and controlling device exports amounted to $8B in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 11%. The exports peaked at $8B in 2019; afterwards, it flattened through to 2022.
| Export of Measuring and Controlling Device in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 744 | 680 | 805 | 863 | 5.1% |
| China | 881 | 840 | 878 | 785 | -3.8% |
| Hong Kong SAR | 727 | 587 | 656 | 557 | -8.5% |
| Germany | 557 | 538 | 545 | 527 | -1.8% |
| Mexico | 413 | 363 | 405 | 450 | 2.9% |
| Switzerland | 416 | 286 | 354 | 388 | -2.3% |
| Japan | 427 | 379 | 448 | 379 | -3.9% |
| Netherlands | 291 | 269 | 322 | 372 | 8.5% |
| Singapore | 309 | 254 | 311 | 358 | 5.0% |
| United Kingdom | 291 | 264 | 301 | 321 | 3.3% |
| Sweden | 76.4 | 180 | 215 | 224 | 43.1% |
| India | 157 | 114 | 135 | 130 | -6.1% |
| Saudi Arabia | 127 | 77.4 | 66.2 | 103 | -6.7% |
| Others | 2,607 | 2,300 | 2,502 | 2,501 | -1.4% |
| Total | 8,024 | 7,132 | 7,942 | 7,958 | -0.3% |
Top Export Markets for Measuring and Controlling Device from the United States in 2022:
- Mexico (12.6M units)
- Canada (12.5M units)
- Germany (6.5M units)
- China (5.9M units)
- Switzerland (4.3M units)
- Netherlands (4.2M units)
- Singapore (4.2M units)
- Saudi Arabia (4.1M units)
- India (3.8M units)
- Japan (3.6M units)
- Hong Kong SAR (3.3M units)
- United Kingdom (3.2M units)
- Sweden (3.0M units)
878
This report provides an in-depth analysis of the measuring instrument market in the U.S..
1233
This report provides an in-depth analysis of the totalizing fluid meter market in the U.S..
722
This report provides an in-depth analysis of the software market in the U.S..
1199
This report provides an in-depth analysis of the market for semiconductor and related device in the U.S..
680
This report provides an in-depth analysis of the market for search system and instrument in the U.S..
711
This report provides an in-depth analysis of the market for radio and television broadcasting in the U.S..
1103
This report provides an in-depth analysis of the printed circuit assembly market in the U.S..
885
This report provides an in-depth analysis of the market for magnetic and optical recording media in the U.S..
836
This report provides an in-depth analysis of the irradiation apparatus market in the U.S..
865
This report provides an in-depth analysis of the measuring instrument market in the U.S..
268
In value terms, measuring instrument imports skyrocketed to $868M in March 2023.
667
In value terms, instruments, apparatus for measuring, checking electrical quantity imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period fr...
671
In value terms, revolution counters imports amounted to $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% ...
616
In value terms, instruments, apparatus for measuring, checking electrical quantity exports amounted to $X in 2016. In general, instruments, apparatus for measuring, checking electrical quantity expo...
1178
The U.S. ranks first in global imports of totalizing fluid meter and counting device, with a X% share (based on USD). It was followed by Germany (X%), Mexico (X%) and China (X%). In 2015, U.S. totalizing fluid meter and c
1212
The U.S. takes an X% share (based on USD) of global semiconductor and related device exports, which put it in fourth place, following China (X%), Singapore (X%) and Korea (X%). In 2015, the U.S. exported X million U
869
After two years of growth, the U.S. printed circuit assembly market decreased by -16.4% to $35.1B in 2019. The market...
1230
In 2015, U.S. printed circuit assembly imports totaled X million USD, which was X% less than the year before.
216
In February 2023, the price of irradiation apparatus was $99.8 per unit (CIF, US), an 11% increase over the previous month.
1225
The U.S. ranks second globally in irradiation apparatus exports with an X% share (based on USD), following Germany (X%). In 2015, the U.S. exported X million USD, which was X% over the previous year.
