U.S.: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in the U.S.

The U.S. steam blasting machine market surged to $X in 2022, with an increase of X% against the previous year. In general, consumption showed prominent growth. Steam blasting machine consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Steam Blasting Machine Production in the U.S.

In value terms, steam blasting machine production reduced to $X in 2022. Overall, the total production indicated a mild expansion 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

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Steam Blasting Machine Exports

Exports from the U.S.

For the fifth consecutive year, the United States recorded growth in overseas shipments of steam or sand blasting machines and similar jet-projecting machines, which increased by X% to X units in 2022. In general, exports recorded a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, steam blasting machine exports expanded markedly to $X in 2022. Overall, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for steam blasting machine exports from the United States, accounting for a X% share of total exports. Moreover, steam blasting machine exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), threefold. Australia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Australia (X% per year).

In value terms, Canada ($X) remains the key foreign market for steam or sand blasting machines and similar jet-projecting machines exports from the United States, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Australia (X% per year).

Export Prices by Country

The average steam blasting machine export price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price saw a abrupt decline. The growth pace was the most rapid in 2015 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($X per unit) and Australia ($X per unit), while the average price for exports to Canada ($X per unit) and Belgium ($X per unit) were amongst the lowest.

From 2012 to 2022, 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 a decline.

Steam Blasting Machine Imports

Imports into the U.S.

In 2022, supplies from abroad of steam or sand blasting machines and similar jet-projecting machines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, recorded resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then shrank significantly in the following year.

In value terms, steam blasting machine imports declined rapidly to $X in 2022. Over the period under review, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then contracted rapidly in the following year.

Imports by Country

In 2022, Vietnam (X units) was the main supplier of steam blasting machine to the United States, accounting for a X% share of total imports. Moreover, steam blasting machine imports from Vietnam exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. Mexico (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Vietnam totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Mexico (X% per year).

In value terms, the largest steam blasting machine suppliers to the United States were Vietnam ($X), China ($X) and Canada ($X), with a combined X% share of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to 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 steam blasting machine import price stood at $X per unit in 2022, remaining constant against the previous year. Overall, the import price, however, showed a slight decrease. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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