U.S. Scale And Balance Market. Analysis And Forecast to 2030
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View PricingScale and Balance Price in the United States - 2023
Contents:
- Scale and Balance Price in the United States (CIF) - 2023
- Scale and Balance Price in the United States (FOB) - 2023
- Scale and Balance Imports in the United States
- Scale and Balance Exports in the United States
Scale and Balance Price in the United States (CIF) - 2023
The average scale and balance import price stood at $12,381 per ton in August 2023, jumping by 19% against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced curtailment. Over the period under review, average import prices hit record highs at $18,214 per ton in September 2022; however, from October 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($90,500 per ton), while the price for China ($4,684 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Mexico (+3.2%), while the prices for the other major suppliers experienced a decline.
Scale and Balance Price in the United States (FOB) - 2023
In August 2023, the average scale and balance export price amounted to $169K per ton, picking up by 6.7% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 63% against the previous month. The export price peaked at $178K per ton in January 2023; however, from February 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was South Korea ($308K per ton), while the average price for exports to Colombia ($38,044 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Scale and Balance Imports in the United States
Scale and balance imports into the United States shrank slightly to 64K tons in 2022, reducing by -3.5% on the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, imports reached the peak of 66K tons, and then dropped in the following year.
In value terms, scale and balance imports expanded modestly to $979M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; 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 23%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Scale and Balance in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 269 | 290 | 371 | 331 | 7.2% |
| Japan | 132 | 122 | 135 | 144 | 2.9% |
| Germany | 87.7 | 96.4 | 128 | 141 | 17.1% |
| Mexico | 86.5 | 76.0 | 84.1 | 102 | 5.6% |
| Taiwan (Chinese) | 9.9 | 10.1 | 13.9 | 18.0 | 22.1% |
| Others | 176 | 182 | 223 | 243 | 11.4% |
| Total | 761 | 776 | 954 | 979 | 8.8% |
Top Suppliers of Scale and Balance to the United States in 2022:
- China (55.1K tons)
- Germany (1.6K tons)
- Mexico (1.5K tons)
- Japan (1.1K tons)
- Taiwan (Chinese) (1.0K tons)
Scale and Balance Exports in the United States
In 2022, after two years of decline, there was growth in shipments abroad of scales and balances, when their volume increased by 3.8% to 2.5K tons. Over the period under review, exports, however, showed a precipitous curtailment.
In value terms, scale and balance exports rose markedly to $366M in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat 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 Scale and Balance in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 118 | 105 | 118 | 116 | -0.6% |
| Mexico | 71.3 | 46.7 | 60.6 | 72.8 | 0.7% |
| Germany | 24.2 | 18.3 | 18.6 | 18.8 | -8.1% |
| China | 9.2 | 10.5 | 12.7 | 16.8 | 22.2% |
| South Korea | 2.9 | 11.0 | 13.3 | 15.9 | 76.3% |
| Australia | 6.0 | 5.4 | 4.3 | 7.4 | 7.2% |
| Netherlands | 6.0 | 4.0 | 5.8 | 5.9 | -0.6% |
| United Kingdom | 10.0 | 6.8 | 6.8 | 5.6 | -17.6% |
| Chile | 4.7 | 3.7 | 3.3 | 5.6 | 6.0% |
| Brazil | 4.3 | 3.8 | 4.4 | 4.6 | 2.3% |
| Kenya | 0.1 | 0.3 | N/A | 0.8 | 100.0% |
| Others | 90.7 | 79.5 | 80.2 | 96.1 | 1.9% |
| Total | 348 | 295 | 328 | 366 | 1.7% |
Top Export Markets for Scale and Balance from the United States in 2022:
- Canada (637.0 tons)
- Mexico (496.9 tons)
- China (240.4 tons)
- Germany (119.2 tons)
- Netherlands (91.7 tons)
- Australia (88.7 tons)
- South Korea (59.4 tons)
- Chile (58.1 tons)
- Kenya (56.8 tons)
- United Kingdom (47.4 tons)
- Brazil (37.4 tons)
This report provides an in-depth analysis of the scale and balance market 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 333997 - Scale and balance manufacturing
Companies mentioned:
- Mettler-Toledo International Inc.
- Rice Lake Weighing Systems
- Avery Weigh-Tronix
- Digi-Star
- Mettler-Toledo
- Fairbanks Scales
- Merrick Industries
- Gps Insight
- Intercomp Co.
- Cardinal Scale Manufacturing Company
- Parr Instrument Company
- Hitachi Chemical Diagnostics
- Measurement Systems International
- Hyer Industries
- General Electrodynamics Corp
- Belt-Way Scales
- Pennsylvania Scale Company
- Vishay Blh
- The A H Emery Company
- E. Rowe Foundry & Machine Company
- Zurex Corporation
- Precision Analysis
- Mettler-Toledo
- Thermo Ramsey
- Cat Scale Company
- Ets-Lindgren
- Winslow Scale Company
- Unibridge Systems
- Fancor
- Tannehill International Industries
- Digi-Star Holdings
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
-
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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During the review period, Scale And Balance imports reached a peak in 2023 and are projected to continue growing. In terms of value, imports slightly decreased to $942M in 2023.
135
In April 2023, the growth rate of Scale And Balance was exceptionally high, increasing by 30% compared to the previous month. The value of imports declined to $77M in November 2023.
213
In April 2023, the growth of Scale And Balance was at its most rapid, experiencing a month-to-month increase of 30%. By August 2023, the value of imports for Scale And Balance reached $87M.
192
In April 2023, the scale and balance price stood at $10,884 per ton (CIF, US), with a decrease of -19.5% against the previous month.
731
The U.S. takes first place in global imports of scales and balances, accounting for a X% share (based on USD). It was followed by China (X%), Germany (X%), and Japan (X%). In 2015, U.S. scale and balance imports totaled X
410
Machine Tool imports reached a significant value of $735M in June 2023.
1519
Machine Tool imports totaled $784M in March 2023
2464
In 2016, the machine tool market increased by X% to X million USD, fluctuating considerably over the period under review.
1220
In November 2022, the rolling mill price amounted to $17.5 per kg (CIF, US), which is down by -31.5% against the previous month.
614
In value terms, calendering and other rolling machines imports amounted to $X in 2016. In general, calendering and other rolling machines imports continue to indicate a relatively flat trend patter...
