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U.S. Scale And Balance Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Scale And Balance Market Overview 2020

Scale And Balance Market Size in the U.S.

In 2019, the U.S. scale and balance market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. In general, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Scale And Balance Production in the U.S.

In value terms, scale and balance production totaled $X in 2019. The total output value increased at an average annual rate of +X% over the period from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. Over the period under review, production attained the maximum level in 2019 and is expected to retain growth in the near future.

Scale And Balance Exports

Exports from the U.S.

After two years of decline, overseas shipments of scales and balances increased by X% to X units in 2019. Overall, exports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X units in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

In value terms, scale and balance exports contracted to $X in 2019. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2015 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Canada (X units) was the main destination for scale and balance exports from the U.S., with a X% share of total exports. Moreover, scale and balance exports to Canada exceeded the volume sent to the second major destination, Germany (X units), twofold. The Netherlands (X units) ranked third in terms of total exports with a X% share.

From 2013 to 2019, the average annual growth rate of volume to Canada stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and the Netherlands (+X% per year).

In value terms, the largest markets for scale and balance exported from the U.S. were Canada ($X), Mexico ($X) and Germany ($X), with a combined X% share of total exports. These countries were followed by the UK, China, the Netherlands, Australia, Malaysia and the Dominican Republic, which together accounted for a further X terms of the main countries of destination, Malaysia saw 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 scale and balance export price stood at $X per unit in 2019, falling by -X% against the previous year. Over the period under review, export price indicated notable growth from 2013 to 2019: its price increased at an average annual rate of +X% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum at $X per unit in 2018, and then reduced notably in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($X per unit), while the average price for exports to the Dominican Republic ($X per unit) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Scale And Balance Imports

Imports into the U.S.

In 2019, supplies from abroad of scales and balances decreased by -X% to X units for the first time since 2016, thus ending a two-year rising trend. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, imports attained the peak of X units. From 2016 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, scale and balance imports contracted to $X in 2019. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2019, China (X units) constituted the largest scale and balance supplier to the U.S., with a X% share of total imports. Moreover, scale and balance imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), threefold. The third position in this ranking was occupied by Japan (X units), with a X% share.

From 2013 to 2019, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Japan (-X% per year).

In value terms, China ($X) constituted the largest supplier of scale and balance to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of value from China was relatively modest. 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

The average scale and balance import price stood at $X per unit in 2019, dropping by -X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per unit in 2018, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of scales and balances to the U.S.?
+
In value terms, China ($273M) constituted the largest supplier of scale and balance to the U.S., comprising 36% of total imports. The second position in the ranking was occupied by Japan ($132M), with a 17% share of total imports. It was followed by Germany, with a 11% share.
What are the leading importers of scales and balances from the U.S.?
+
In value terms, Canada ($115M), Mexico ($71M) and Germany ($24M) constituted the largest markets for scale and balance exported from the U.S. worldwide, with a combined 61% share of total exports. The UK, China, the Netherlands, Australia, Malaysia and the Dominican Republic lagged somewhat behind, together accounting for a further 10%.
What is the average export price for scales and balances in the U.S.?
+
The average scale and balance export price stood at $76 per unit in 2019, declining by -28.3% against the previous year.
What is the average import price for scales and balances in the U.S.?
+
The average scale and balance import price stood at $17 per unit in 2019, declining by -6.3% against the previous year.

Product coverage:
• NAICS 333997 - Scale and balance manufacturing

This report provides an in-depth analysis of the scale and balance market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Companies mentioned:
• Mettler-Toledo International Inc.
• Rice Lake Weighing Systems
• Avery Weigh-Tronix
• Digi-Star
• Mettler-Toledo
• Fairbanks Scales
• Merrick Industries
• Gps Insight
• Intercomp Co.
• Cardinal Scale Manufacturing Company
• Parr Instrument Company
• Hitachi Chemical Diagnostics
• Measurement Systems International
• Hyer Industries
• General Electrodynamics Corp
• Belt-Way Scales
• Pennsylvania Scale Company
• Vishay Blh
• The A H Emery Company
• E. Rowe Foundry & Machine Company
• Zurex Corporation
• Precision Analysis
• Mettler-Toledo
• Thermo Ramsey
• Cat Scale Company
• Ets-Lindgren
• Winslow Scale Company
• Unibridge Systems
• Fancor
• Tannehill International Industries
• Digi-Star Holdings

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2013–2019
Table 3:
Market Value, 2013–2019
Table 4:
Per Capita Consumption In 2013–2019
Table 5:
Imports, In Physical Terms, By Country, 2013–2019
Table 6:
Imports, In Value Terms, By Country, 2013–2019
Table 7:
Import Prices, By Country Of Origin, 2013–2019
Table 8:
Exports, In Physical Terms, By Country, 2013–2019
Table 9:
Exports, In Value Terms, By Country, 2013–2019
Table 10:
Export Prices, By Country Of Destination, 2013–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2019
Figure 2:
Market Value, 2013–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2019
Figure 5:
Trade Balance, In Physical Terms, 2013–2019
Figure 6:
Trade Balance, In Value Terms, 2013–2019
Figure 7:
Per Capita Consumption, 2013–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2019
Figure 21:
Production, In Value Terms, 2013–2019
Figure 22:
Imports, In Physical Terms, 2013–2019
Figure 23:
Imports, In Value Terms, 2013–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2013–2019
Figure 26:
Imports, In Value Terms, By Country, 2013–2019
Figure 27:
Import Prices, By Country Of Origin, 2013–2019
Figure 28:
Exports, In Physical Terms, 2013–2019
Figure 29:
Exports, In Value Terms, 2013–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2013–2019
Figure 32:
Exports, In Value Terms, By Country, 2013–2019
Figure 33:
Export Prices, By Country Of Destination, 2013–2019

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