Northern America: Diamonded Drilling Tools Market 2020

Diamonded Drilling Tools Market Size in Northern America

The revenue of the diamonded drilling tools market in Northern America amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the diamonded drilling tools consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. The level of diamonded drilling tools consumption peaked in 2017, and is expected to retain its growth in the near future.

Diamonded Drilling Tools Production in Northern America

The diamonded drilling tools production totaled X units in 2017, lowering by -X% against the previous year. The diamonded drilling tools production continues to indicate a slight decline. The most prominent rate of growth was recorded in 2010, when the output figure increased by X% against the previous year. Over the period under review, the diamonded drilling tools production attained its peak figure volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Diamonded Drilling Tools Exports in Northern America

In 2017, the amount of drilling tools with working part of diamond exported in Northern America amounted to X units, coming down by -X% against the previous year. The diamonded drilling tools exports continue to indicate a drastic descent. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, diamonded drilling tools exports stood at $X in 2017. The diamonded drilling tools exports continue to indicate a relatively flat trend pattern. Over the period under review, the diamonded drilling tools exports reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Diamonded Drilling Tools Exports by Country in Northern America

The countries with the highest levels of diamonded drilling tools exports in 2017 were the U.S. (X units), together resulting at X% of total export.

The U.S. was also the fastest growing in terms of the drilling tools with working part of diamond exports, with a CAGR of -X% from 2007 to 2017. While the share of the U.S. (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest diamonded drilling tools supplier in Northern America.

In the U.S., diamonded drilling tools exports remained relatively stable over the period from 2007-2017.

Diamonded Drilling Tools Export Prices by Country in Northern America

In 2017, the diamonded drilling tools export price in Northern America amounted to $X per unit, going up by X% against the previous year. The export price indicated a strong expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the diamonded drilling tools export price increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2014, when the export prices increased by X% y-o-y. Over the period under review, the export prices for drilling tools with working part of diamond reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

As there is only one major export destination, the average price level is determined by export prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year).

Diamonded Drilling Tools Imports in Northern America

The imports stood at X units in 2017, going up by X% against the previous year. The diamonded drilling tools imports continue to indicate a measured descent. The pace of growth appeared the most rapid in 2010, when imports increased by X% y-o-y. In that year, the diamonded drilling tools imports attained their peak volume of X units. From 2011 to 2017, growth of the diamonded drilling tools imports stood at a somewhat lower level.

In value terms, diamonded drilling tools imports totaled $X in 2017. The total imports indicated a prominent expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the diamonded drilling tools imports attained its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Diamonded Drilling Tools Imports by Country in Northern America

The imports of the one major importers of drilling tools with working part of diamond, namely the U.S., represented more than two-thirds of total import.

The U.S. was also the fastest growing in terms of the drilling tools with working part of diamond imports, with a CAGR of -X% from 2007 to 2017. The U.S. (X%) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported drilling tools with working part of diamond in Northern America.

From 2007 to 2017, the average annual growth rate of value in the U.S. totaled +X%.

Diamonded Drilling Tools Import Prices by Country in Northern America

In 2017, the diamonded drilling tools import price in Northern America amounted to $X per unit, reducing by -X% against the previous year. The diamonded drilling tools import price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2011, an increase of X% y-o-y. Over the period under review, the import prices for drilling tools with working part of diamond reached its maximum level of $X per unit in 2016, and then declined slightly in the following year.

As there is only one major export destination, the average price level is determined by import prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year).

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Source: IndexBox Platform