U.S.: Beverage Manufacturing Press Market 2022

Beverage Manufacturing Press Market Size in the U.S.

In 2021, the U.S. beverage manufacturing press market decreased by -X% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Beverage Manufacturing Press Production in the U.S.

In value terms, beverage manufacturing press production shrank to $X in 2021. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Beverage Manufacturing Press Exports

Exports from the U.S.

In 2021, overseas shipments of presses and crushers for beverages manufacturing were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, beverage manufacturing press exports soared to $X in 2021. Over the period under review, exports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for beverage manufacturing press exports from the United States, accounting for a X% share of total exports. Moreover, beverage manufacturing press exports to Canada exceeded the volume sent to the second major destination, Australia (X tons), twofold. The third position in this ranking was held by Mexico (X tons), with a X% share.

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

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

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

Export Prices by Country

The average beverage manufacturing press export price stood at $X per ton in 2021, picking up by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, the highest price was recorded for prices to South Korea ($X per ton) and South Africa ($X per ton), while the average price for exports to Latvia ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+X%), while the prices for the other major destinations experienced a decline.

Beverage Manufacturing Press Imports

Imports into the U.S.

In 2021, purchases abroad of presses and crushers for beverages manufacturing was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, total imports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, beverage manufacturing press imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of beverage manufacturing press imports to the United States, with a combined X% share of total imports. France, China, India and Austria lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Spain ($X) appeared to be the largest beverage manufacturing press suppliers to the United States, with a combined X% share of total imports. France, China, India and Austria lagged somewhat behind, together accounting for a further X the main suppliers, India, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average beverage manufacturing press import price stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were China ($X per ton) and Germany ($X per ton), while the price for India ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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