Latest Report Update: May 30, 2021

U.S. - Machine-Tools For Working Any Material By Removal Of Material - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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U.S.: Overview of the Market for Machine-Tools For Working Any Material By Removal Of Material 2021

Market Size for Machine-Tools For Working Any Material By Removal Of Material in the U.S.

In 2020, after three years of growth, there was decline in the U.S. machine-tool for removing material market, when its value decreased by -X% to $X. Overall, consumption showed a notable increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2019, and then declined in the following year.

Production of Machine-Tools For Working Any Material By Removal Of Material in the U.S.

In value terms, machine-tool for removing material production expanded slightly to $X in 2020. In general, production continues to indicate a modest expansion. The growth pace was the most rapid in 2017 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level in 2020 and is likely to see gradual growth in years to come.

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

Exports from the U.S.

For the fifth year in a row, the U.S. recorded growth in overseas shipments of machine-tools for working any material by removal of material, which increased by X% to X units in 2020. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Exports peaked in 2020 and are likely to continue growth in the immediate term.

In value terms, machine-tool for removing material exports shrank rapidly to $X in 2020. In general, exports saw a mild curtailment. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units), China (X units) and Singapore (X units) were the main destinations of machine-tool for removing material exports from the U.S., together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands, while exports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Mexico ($X) and China ($X) were the largest markets for machine-tool for removing material exported from the U.S. worldwide, together accounting for X% of total exports. These countries were followed by the Netherlands, Singapore, India, Australia and Brazil, which together accounted for a further X Netherlands saw the highest rates of growth with regard to the value of exports, among 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

In 2020, the average machine-tool for removing material export price amounted to $X per unit, falling by -X% against the previous year. Overall, the export price saw a perceptible reduction. The pace of growth was the most pronounced in 2009 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per unit in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while the average price for exports to Singapore ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the U.S.

In 2020, the amount of machine-tools for working any material by removal of material imported into the U.S. soared to X units, rising by X% compared with 2019. In general, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked in 2020 and are likely to see gradual growth in the immediate term.

In value terms, machine-tool for removing material imports reduced dramatically to $X in 2020. Overall, imports showed notable growth. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Poland (X units) and Mexico (X units) were the main suppliers of machine-tool for removing material imports to the U.S., with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Mexico ($X) and Poland ($X) were the largest machine-tool for removing material suppliers to the U.S., with a combined X% share of total imports.

Mexico (+X% per year) saw the highest rates of growth with regard to 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 machine-tool for removing material import price stood at $X per unit in 2020, which is down by -X% against the previous year. Overall, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2010 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machine-tools for working any material by removal of material in the world?
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The country with the largest volume of machine-tool for removing material consumption was the U.S. (200K units), comprising approx. 22% of total volume. Moreover, machine-tool for removing material consumption in the U.S. exceeded the figures recorded by the second-largest consumer, China (91K units), twofold. The third position in this ranking was occupied by Japan (87K units), with a 9.5% share.
What are the largest producers of machine-tools for working any material by removal of material in the world?
+
The country with the largest volume of machine-tool for removing material production was Germany (1.4M units), comprising approx. 57% of total volume. Moreover, machine-tool for removing material production in Germany exceeded the figures recorded by the second-largest producer, China (279K units), fivefold. The third position in this ranking was occupied by Singapore (117K units), with a 4.8% share.
What are the leading suppliers of machine-tools for working any material by removal of material to the U.S.?
+
In value terms, the largest machine-tool for removing material suppliers to the U.S. were China ($62M), Mexico ($36M) and Poland ($15M), together comprising 16% of total imports.
What are the leading importers of machine-tools for working any material by removal of material from the U.S.?
+
In value terms, Canada ($92M), Mexico ($72M) and China ($44M) were the largest markets for machine-tool for removing material exported from the U.S. worldwide, with a combined 57% share of total exports. The Netherlands, Singapore, India, Australia and Brazil lagged somewhat behind, together accounting for a further 16%.
What is the average export price for machine-tools for working any material by removal of material in the U.S.?
+
The average machine-tool for removing material export price stood at $7,333 per unit in 2020, shrinking by -27.7% against the previous year.
What is the average import price for machine-tools for working any material by removal of material in the U.S.?
+
In 2020, the average machine-tool for removing material import price amounted to $4,992 per unit, reducing by -48.3% against the previous year.

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

This report provides an in-depth analysis of the market for machine-tool for removing material in the U.S.. 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 2025.


Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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