U.S.: Market for Guided Missile And Space Vehicle Propulsion Units And Their Parts 2022

Market Size for Guided Missile And Space Vehicle Propulsion Units And Their Parts in the U.S.

The U.S. market for guided missile and space vehicle propulsion units and their parts fell slightly to $X in 2021, with a decrease of -X% against the previous year. Overall, consumption, however, continues to indicate resilient growth. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Guided Missile And Space Vehicle Propulsion Units And Their Parts in the U.S.

In value terms, production of guided missile and space vehicle propulsion units and their parts amounted to $X in 2021. Overall, production posted a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Guided Missile And Space Vehicle Propulsion Units And Their Parts

Exports from the U.S.

In 2021, approx. X units of guided missile and space vehicle propulsion units and their parts were exported from the United States; picking up by X% on 2020. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of guided missile and space vehicle propulsion units and their parts skyrocketed to $X in 2021. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Japan (X units), Australia (X units) and South Korea (X units) were the main destinations of exports of guided missile and space vehicle propulsion units and their parts from the United States, together comprising X% of total exports. These countries were followed by Israel, Sweden, Germany, Romania, Saudi Arabia, the UK, Italy, Taiwan (Chinese), Turkey and New Zealand, which together accounted for a further X 2013 to 2021, the biggest increases were in Romania (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for guided missile and space vehicle propulsion unit exported from the United States were Japan ($X), Australia ($X) and South Korea ($X), with a combined X% share of total exports. These countries were followed by Israel, Germany, Sweden, Romania, Saudi Arabia, the UK, Italy, Taiwan (Chinese), Turkey and New Zealand, which together accounted for a further X the main countries of destination, Romania, with a CAGR of +X%, recorded the highest rates of growth with regard to 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

The average export price for guided missile and space vehicle propulsion units and their parts stood at $X per unit in 2021, surging by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to New Zealand ($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 Germany (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Guided Missile And Space Vehicle Propulsion Units And Their Parts

Imports into the U.S.

In 2021, purchases abroad of guided missile and space vehicle propulsion units and their parts decreased by -X% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of X units, and then reduced rapidly in the following year.

In value terms, imports of guided missile and space vehicle propulsion units and their parts skyrocketed to $X in 2021. Overall, imports, however, posted a temperate increase. Over the period under review, imports of attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The UK (X units), New Zealand (X units) and Norway (X units) were the main suppliers of imports of guided missile and space vehicle propulsion units and their parts to the United States, together comprising X% of total imports. Germany, the Netherlands, Taiwan (Chinese) and Japan lagged somewhat behind, together comprising a further X 2013 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of guided missile and space vehicle propulsion unit to the United States, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2013 to 2021, the average annual growth rate of value from the UK amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2021, the average import price for guided missile and space vehicle propulsion units and their parts amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a deep contraction. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($X per unit), while the price for New Zealand ($X per unit) was amongst the lowest.

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

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Source: IndexBox Platform

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