Northern America: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2024

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Northern America

The North American geometrical quantities electronic measurer market was estimated at $X in 2022, picking up by X% against the previous year. Over the period under review, consumption recorded resilient growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in Northern America

In value terms, geometrical quantities electronic measurer production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports in Northern America

In 2022, overseas shipments of electronic instruments and machines for measuring geometrical quantities decreased by X% to X units, falling for the fourth consecutive year after three years of growth. Overall, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, geometrical quantities electronic measurer exports expanded sharply to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States was the largest exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by Canada (X units), making up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to geometrical quantities electronic measurer exports from the United States stood at X%. Canada (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Canada increased by X percentage points.

In value terms, the United States ($X) remains the largest geometrical quantities electronic measurer supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States totaled X%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price continues to indicate a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports in Northern America

For the third year in a row, Northern America recorded growth in supplies from abroad of electronic instruments and machines for measuring geometrical quantities, which increased by X% to X units in 2022. Over the period under review, imports saw a moderate expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, geometrical quantities electronic measurer imports totaled $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

The United States represented the major importer of electronic instruments and machines for measuring geometrical quantities in Northern America, with the volume of imports accounting for X units, which was near X% of total imports in 2022. It was distantly followed by Canada (X units), making up a X% share of total imports.

The United States was also the fastest-growing in terms of the electronic instruments and machines for measuring geometrical quantities imports, with a CAGR of X% from 2012 to 2022. Canada experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United States increased by X percentage points.

In value terms, the United States ($X) constitutes the largest market for imported electronic instruments and machines for measuring geometrical quantities in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at X%.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price showed a slight slump. The pace of growth appeared the most rapid in 2016 an increase of X%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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