U.S.: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in the U.S.

The U.S. photo-copying apparatus market skyrocketed to $X in 2021, picking up by 41% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in years to come.

Photo-Copying Apparatus Exports

Exports from the U.S.

In 2021, shipments abroad of photo-copying apparatus was 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, faced a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of 28%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, photo-copying apparatus exports surged to $X in 2021. Overall, exports, however, recorded a abrupt downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units), Mexico (X units) and Vietnam (X units) were the main destinations of photo-copying apparatus exports from the United States, together accounting for 45% of total exports. China, Ecuador, Canada, Brazil, Singapore, Colombia, Argentina, the UK, Hong Kong SAR and India lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +6.9%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for photo-copying apparatus exported from the United States were Canada ($X), Ecuador ($X) and Mexico ($X), with a combined 45% share of total exports. China, Hong Kong SAR, the UK, Vietnam, Brazil, Argentina, the United Arab Emirates, Colombia, India and Singapore lagged somewhat behind, together accounting for a further 28%.

In terms of the main countries of destination, the UK, with a CAGR of +14.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average photo-copying apparatus export price amounted to $X per unit, rising by 10% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, photo-copying apparatus export price increased by +53.0% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Canada ($X per unit), while the average price for exports to the United Arab Emirates ($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 Hong Kong SAR (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

Photo-Copying Apparatus Imports

Imports into the U.S.

In 2021, the amount of photo-copying apparatus imported into the United States soared to X units, growing by 27% on 2020. Overall, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +70.8% against 2017 indices. The pace of growth was the most pronounced in 2019 with an increase of 36% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, photo-copying apparatus imports surged to $X in 2021. In general, total imports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Malaysia (X units), China (X units) and the Philippines (X units) were the main suppliers of photo-copying apparatus imports to the United States, with a combined 70% share of total imports. These countries were followed by Vietnam, Bulgaria, Austria, South Korea, Japan and Germany, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +721.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of photo-copying apparatus to the United States, comprising 36% of total imports. The second position in the ranking was taken by the Philippines ($X), with an 11% share of total imports. It was followed by Malaysia, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from China stood at -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+162.4% per year) and Malaysia (+4.9% per year).

Import Prices by Country

In 2021, the average photo-copying apparatus import price amounted to $X per unit, increasing by 18% against the previous year. Over the period under review, the import price, however, saw a perceptible reduction. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per unit), while the price for Malaysia ($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 (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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