U.S. Ships, Barges, And Platforms Market. Analysis And Forecast to 2030
Report Update: Apr 1, 2024

U.S. Ships, Barges, And Platforms Market. Analysis And Forecast to 2030

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Price for Ship, Barge, and Platform in the United States - 2023

Contents:

  1. Price for Ship, Barge, and Platform in the United States (FOB) - 2022
  2. Price for Ship, Barge, and Platform in the United States (CIF) - 2022
  3. Exports of Ship, Barge, and Platform in the United States
  4. Imports of Ship, Barge, and Platform in the United States

Price for Ship, Barge, and Platform in the United States (FOB) - 2022

In 2022, the average ship, barge, and platform export price amounted to $37,438 per ton, surging by 294% against the previous year. In general, the export price recorded a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Equatorial Guinea ($954,800 per ton), while the average price for exports to Turkey ($471 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Equatorial Guinea (+224.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ship, Barge, and Platform in the United States (CIF) - 2022

The average ship, barge, and platform import price stood at $23,259 per ton in 2022, surging by 125% against the previous year. Overall, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 234% against the previous year. As a result, import price attained the peak level of $43,813 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($71,113 per ton), while the price for China ($8,874 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+43.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ship, Barge, and Platform in the United States

In 2022, overseas shipments of ships, barges, and platforms decreased by -69.5% to 28K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2020 with an increase of 13%. As a result, the exports reached the peak of 105K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, ship, barge, and platform exports surged to $1B in 2022. Overall, exports saw a abrupt slump.

Export of Ship, Barge, and Platform in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada46.078.848.726378.8%
Taiwan (Chinese)72.083.694.111918.2%
Mexico335130140118-29.4%
Turkey10.87.024.719.421.6%
Spain41.316.917.67.6-43.1%
Honduras1.03.56.27.192.2%
Others1,500616529501-30.6%
Total2,0069368601,035-19.8%

Top Export Markets for Ship, Barge, and Platform from the United States in 2022:

  1. Turkey (41.2K tons)
  2. Canada (12.8K tons)
  3. Honduras (3.5K tons)
  4. Spain (3.5K tons)
  5. Mexico (2.7K tons)
  6. Taiwan (Chinese) (1.1K tons)

Imports of Ship, Barge, and Platform in the United States

In 2022, approx. 63K tons of ships, barges, and platforms were imported into the United States; with a decrease of -18.9% compared with the year before. In general, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 699% against the previous year. As a result, imports reached the peak of 77K tons, and then fell rapidly in the following year.

In value terms, ship, barge, and platform imports skyrocketed to $1.5B in 2022. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Ship, Barge, and Platform in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico41731849967317.3%
South Korea17.20.1198208129.5%
Canada35.424.625.735.60.2%
China13.024.414.417.19.6%
Others10356.060.352171.7%
Total5864237981,45535.4%

Top Suppliers of Ship, Barge, and Platform to the United States in 2022:

  1. South Korea (20.5K tons)
  2. Mexico (9.5K tons)
  3. Canada (2.9K tons)
  4. China (1.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for ship, barge, and platform 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:

  • NAICS 336611 - Ship building and repairing

Companies mentioned:

  • Bath Iron Works Corporation
  • Electric Boat Corporation
  • Indiana Mills & Manufacturing
  • Bollinger Shipyards
  • Vigor Industrial
  • Eastern Shipbuilding Group
  • Bae Systems San Diego Ship Repair
  • Signal International
  • Austal Usa
  • VT Halter Marine
  • Ship Colonna's Yard Incorporated
  • Bae Systems Ship Repair
  • Huntington Ingalls Industries
  • James Marine
  • Metro Machine Corp.
  • Conrad Industries
  • Gulf Coast Shipyard Group
  • American Maritime Holdings
  • Bae Systems Southeast Shipyards Amhc
  • Fincantieri Marine Group
  • Bollinger Shipyards Lockport
  • Huntington Ingalls Industries International Shipbuilding
  • Avondale Industries of New York
  • Vision Technologies Systems
  • Huntington Ingalls Incorporated
  • Bae Systems Norfolk Ship Repair
  • Nassco Holdings Incorporated
  • Fincantieri Marine Group Holdings
  • National Steel & Shipbuilding Company
  • Miles Marine

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: Ships, Barges, And Platforms - United States