Report Northern America - Machine-Tools for Working Any Material by Removal of Material - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 7, 2022

Northern America - Machine-Tools for Working Any Material by Removal of Material - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Single report
Sent by email within 24h (Mon-Fri)

Northern America: Market for Machine-Tools For Working Any Material By Removal Of Material 2022

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports in Northern America

In 2021, overseas shipments of machine-tools for working any material by removal of material increased by 6% to X units for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 39%. The volume of export peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, machine-tool for removing material exports surged to $X in 2021. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The United States dominates exports structure, resulting at X units, which was approx. 93% of total exports in 2021. It was distantly followed by Canada (X units), achieving a 7.1% share of total exports.

The United States was also the fastest-growing in terms of the machine-tools for working any material by removal of material exports, with a CAGR of +4.7% from 2012 to 2021. Canada (-6.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +11 percentage points. Canada (-10.9 p.p.) saw their shares reduced.

In value terms, the United States ($X) remains the largest machine-tool for removing material supplier in Northern America, comprising 87% of total exports. The second position in the ranking was held by Canada ($X), with a 13% share of total exports.

In the United States, machine-tool for removing material exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, growing by 20% against the previous year. Over the period under review, the export price, however, recorded a slight descent. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+21.4%).

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports in Northern America

In 2021, overseas purchases of machine-tools for working any material by removal of material increased by 23% to X units, rising for the fifth year in a row after two years of decline. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, machine-tool for removing material imports soared to $X in 2021. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when imports increased by 25%. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

Imports by Country

The United States represented the main importing country with an import of around X units, which finished at 62% of total imports. It was distantly followed by Canada (X units), making up a 38% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the United States (with a CAGR of +11.3%).

In value terms, the United States ($X) constitutes the largest market for imported machine-tools for working any material by removal of material in Northern America, comprising 81% of total imports. The second position in the ranking was held by Canada ($X), with a 19% share of total imports.

In the United States, machine-tool for removing material imports increased at an average annual rate of +4.6% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, approximately equating the previous year. In general, the import price, however, continues to indicate a slight slump. The growth pace was the most rapid in 2013 when the import price increased by 30%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.3%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for machine-tools for working any material by removal of material in Northern America?
+
The countries with the highest volumes of consumption in 2021 were the United States and Canada.
What are the largest producers of machine-tools for working any material by removal of material in Northern America?
+
The United States remains the largest machine-tool for removing material producing country in Northern America, accounting for 100% of total volume.
What are the leading exporters of machine-tools for working any material by removal of material in Northern America?
+
In value terms, the United States remains the largest machine-tool for removing material supplier in Northern America, comprising 87% of total exports. The second position in the ranking was held by Canada, with a 13% share of total exports.
What are the leading importers of machine-tools for working any material by removal of material in Northern America?
+
In value terms, the United States constitutes the largest market for imported machine-tools for working any material by removal of material in Northern America, comprising 81% of total imports. The second position in the ranking was held by Canada, with a 19% share of total imports.
What is the average export price for machine-tools for working any material by removal of material in Northern America?
+
The export price in Northern America stood at $15,858 per unit in 2021, jumping by 20% against the previous year.
What is the average import price for machine-tools for working any material by removal of material in Northern America?
+
In 2021, the import price in Northern America amounted to $4,314 per unit, flattening at the previous year.

This report provides an in-depth analysis of the market for machine-tool for removing material in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 28411110 - Machine-tools for working any material by removal of material, operated by laser or other light or photon beam processes
• Prodcom 28411130 - Machine-tools for working any material by removal of material, operated by ultrasonic processes (excluding machines for the manufacture of semiconductor devices or of electronic integrated circuits)
• Prodcom 28411150 - Machine tools for working any material by removal of material, operated by electro-discharge processes
• Prodcom 28411170 - Machine-tools for working any material by removal of material, operated by electro-chemical, electron-beam, ionicbeam or plasma arc processes
Country coverage:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• United States
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2018–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET

Webinar: Global Metal Tank Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global metal tank market.



Thursday, April 15th, 2021 @ 04:00 pm ET