U.S.: Metal Treating Machine Market 2022

Metal Treating Machine Market Size in the U.S.

After four years of growth, the U.S. metal treating machine market decreased by -X% to $X in 2021. Over the period under review, consumption, however, recorded a prominent expansion. Metal treating machine consumption peaked at $X in 2020, and then fell modestly in the following year.

Metal Treating Machine Production in the U.S.

In value terms, metal treating machine production contracted slightly to $X in 2021. Overall, production, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Metal treating machine production peaked at $X in 2020, and then reduced modestly in the following year.

Metal Treating Machine Exports

Exports from the U.S.

In 2021, overseas shipments of machines for treating metal, having individual functions were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a noticeable reduction. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, metal treating machine exports stood at $X in 2021. In general, exports, however, recorded a perceptible decline. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Mexico (X units) was the main destination for metal treating machine exports from the United States, with a X% share of total exports. Moreover, metal treating machine exports to Mexico exceeded the volume sent to the second major destination, Canada (X units), fourfold. Singapore (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Mexico stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Singapore (+X% per year).

In value terms, Mexico ($X) remains the key foreign market for metal treating machine exports from the United States, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with an X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and China (+X% per year).

Export Prices by Country

The average metal treating machine export price stood at $X per unit in 2021, reducing by -X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Mexico ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Treating Machine Imports

Imports into the U.S.

After two years of decline, overseas purchases of machines for treating metal, having individual functions increased by X% to X units in 2021. In general, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, metal treating machine imports skyrocketed to $X in 2021. Overall, imports posted a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Japan (X units) and Germany (X units) were the main suppliers of metal treating machine imports to the United States, together accounting for X% of total imports. These countries were followed by Taiwan (Chinese), Italy and South Korea, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal treating machine suppliers to the United States were Germany ($X), Italy ($X) and Japan ($X), with a combined X% share of total imports. South Korea, China and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X Korea, with a CAGR of +X%, recorded 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

In 2021, the average metal treating machine import price amounted to $X per unit, waning by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price attained the peak level of $X per unit, and then contracted dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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