Northern America: Hydraulic Press Market 2024

Hydraulic Press Market Size in Northern America

The North American hydraulic press market fell to $X in 2022, almost unchanged from the previous year. The total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Hydraulic Press Production in Northern America

In value terms, hydraulic press production contracted to $X in 2022 estimated in export price. Overall, production, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Hydraulic Press Exports

Exports in Northern America

In 2022, hydraulic press exports in Northern America shrank dramatically to X units, waning by X% on the previous year. Overall, exports saw a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hydraulic press exports declined rapidly to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

In 2022, the United States (X units) was the key exporter of hydraulic presses for working metal, creating X% of total exports. It was distantly followed by Canada (X units), making up a X% share of total exports.

The United States was also the fastest-growing in terms of the hydraulic presses for working metal exports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Canada (X p.p.) displayed negative dynamics.

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

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

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, surging by X% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydraulic press export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

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

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

Hydraulic Press Imports

Imports in Northern America

In 2022, imports of hydraulic presses for working metal in Northern America contracted dramatically to X units, waning by X% on the previous year. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, hydraulic press imports declined to $X in 2022. Overall, imports saw a slight contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Canada represented the key importing country with an import of about X units, which reached X% of total imports. It was distantly followed by the United States (X units), mixing up a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%).

In value terms, the United States ($X) constitutes the largest market for imported hydraulic presses for working metal in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

In the United States, hydraulic press imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, 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%).

Source: IndexBox Platform

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