Northern America: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Northern America

The North American lathe for removing metal market soared to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Lathes For Removing Metal in Northern America

In value terms, lathe for removing metal production reached $X in 2022 estimated in export price. Over the period under review, production showed a slight downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Lathes For Removing Metal

Exports in Northern America

In 2022, approx. X units of lathes for removing metal were exported in Northern America; increasing by X% against the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, lathe for removing metal exports amounted to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

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

The United States experienced a relatively flat trend pattern with regard to volume of exports of lathes for removing metal. 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. While the share of Canada (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics.

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

In the United States, lathe for removing metal exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price recorded a slight downturn. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada totaled $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 Lathes For Removing Metal

Imports in Northern America

In 2022, purchases abroad of lathes for removing metal increased by X% to X units, rising for the second year in a row after two years of decline. Total imports indicated a notable expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, lafor removing metal imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, lathe for removing metal imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a noticeable descent. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of lathe for removing metal imports in 2022 were the United States (X units) and Canada (X units), together recording X% of total import.

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

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

In the United States, lathe for removing metal imports decreased by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the 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 totaled $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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