Northern America: Motorised Invalid Carriage Market 2024

Motorised Invalid Carriage Market Size in Northern America

The North American motorised invalid carriage market contracted slightly to $X.4B in 2022, remaining stable against the previous year. The total consumption indicated a moderate increase 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 decreased by X% against 2019 indices. Over the period under review, the market attained the maximum level at $X.9B in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Motorised Invalid Carriage Production in Northern America

In value terms, motorised invalid carriage production shrank slightly to $X in 2022 estimated in export price. The total production indicated tangible growth 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, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X.6B in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Motorised Invalid Carriage Exports

Exports in Northern America

In 2022, shipments abroad of invalid carriages motorised or mechanically propelled was finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, saw a slight downturn. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, motorised invalid carriage exports soared to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

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

From 2012 to 2022, average annual rates of growth with regard to motorised invalid carriage exports from the United States stood at X%. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2022. Canada (X p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by X% from 2012 to 2022, respectively.

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

In the United States, motorised invalid carriage exports declined by an average annual rate of X% over the period from 2012-2022.

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. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 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 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%).

Motorised Invalid Carriage Imports

Imports in Northern America

In 2022, approx. X units of invalid carriages motorised or mechanically propelled were imported in Northern America; rising by X% against the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, motorised invalid carriage imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the major importing country with an import of about X units, which resulted at X% of total imports. It was distantly followed by Canada (X units), creating a X% share of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of X% from 2012-2022. Canada (X p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported invalid carriages motorised or mechanically propelled in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat 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 amounted to $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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