U.S.: Hydraulic Press Market 2024

Hydraulic Press Market Size in the U.S.

The U.S. hydraulic press market reduced modestly to $X in 2022, remaining stable against the previous year. In general, the total consumption indicated measured 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Hydraulic Press Production in the U.S.

In value terms, hydraulic press production reduced modestly to $X in 2022. In general, production, however, showed strong growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Hydraulic press production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Hydraulic Press Exports

Exports from the U.S.

In 2022, approx. X units of hydraulic presses for working metal were exported from the United States; shrinking by X% compared with the previous year's figure. Overall, exports recorded a slight reduction. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, hydraulic press exports fell sharply to $X in 2022. Over the period under review, exports continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X units), India (X units) and China (X units) were the main destinations of hydraulic press exports from the United States, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hydraulic press exported from the United States were Mexico ($X), India ($X) and Canada ($X), together comprising X% of total exports.

India, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hydraulic press export price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit, and then fell slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Press Imports

Imports into the U.S.

After two years of growth, purchases abroad of hydraulic presses for working metal decreased by X% to X units in 2022. In general, imports continue to indicate a noticeable downturn. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, hydraulic press imports dropped to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), the UK (X units) and Italy (X units) were the main suppliers of hydraulic press imports to the United States, with a combined X% share of total imports. Germany, Canada, Taiwan (Chinese), Turkey and Sweden lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Italy ($X) and Germany ($X) constituted the largest hydraulic press suppliers to the United States, together comprising X% of total imports. The UK, Turkey, China, Taiwan (Chinese) and Sweden lagged somewhat behind, together comprising a further X%.

The UK, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hydraulic press import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price, however, recorded a pronounced expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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