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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 2021

Scale And Balance Market Size in the U.S.

The U.S. scale and balance market was estimated at $X in 2020, picking up by X% against the previous year. Over the period under review, consumption posted measured growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. from 2019 to 2020, the growth of the market remained at a somewhat lower figure.

Scale And Balance Production in the U.S.

In value terms, scale and balance production reached $X in 2020. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2015 to 2020, production growth remained at a somewhat lower figure.

Scale And Balance Exports

Exports from the U.S.

In 2020, exports of scales and balances from the U.S. declined markedly to X tonnes, falling by -X% compared with the previous year. In general, exports continue to indicate a deep setback. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2019, and then contracted dramatically in the following year.

In value terms, scale and balance exports reduced notably to $X in 2020. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Canada (X tonnes) was the main destination for scale and balance exports from the U.S., accounting for a X% share of total exports. Moreover, scale and balance exports to Canada exceeded the volume sent to the second major destination, Mexico (X tonnes), threefold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2013 to 2020, the average annual rate of growth in terms of volume to Canada totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and Germany (+X% per year).

In value terms, Canada ($X) remains the key foreign market for scale and balance exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2013 to 2020, the average annual growth rate of value to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and Germany (+X% per year).

Export Prices by Country

In 2020, the average scale and balance export price amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price posted a temperate expansion. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per tonne), while the average price for exports to Taiwan (Chinese) ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Scale And Balance Imports

Imports into the U.S.

After two years of decline, supplies from abroad of scales and balances increased by X% to X tonnes in 2020. Over the period under review, imports enjoyed noticeable growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, scale and balance imports stood at $X in 2020. In general, imports recorded a noticeable increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. from 2019 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes) 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 tonnes), more than tenfold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2013 to 2020, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-X% per year) and Germany (+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 2020, the average annual growth rate of value from China totaled +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 2020, the average scale and balance import price amounted to $X per tonne, with a decrease of -X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. from 2019 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of scales and balances to the U.S.?
+
In value terms, China ($290M) constituted the largest supplier of scale and balance to the U.S., comprising 37% of total imports. The second position in the ranking was occupied by Japan ($122M), with a 16% share of total imports. It was followed by Germany, with a 12% share.
What are the leading importers of scales and balances from the U.S.?
+
In value terms, Canada ($84M) remains the key foreign market for scale and balance exports from the U.S., comprising 35% of total exports. The second position in the ranking was occupied by Mexico ($39M), with a 17% share of total exports. It was followed by Germany, with a 6.3% share.
What is the average export price for scales and balances in the U.S.?
+
In 2020, the average scale and balance export price amounted to $29,240 per tonne, increasing by 54% 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 $11,013 per tonne in 2020, reducing by -9.5% 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 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013–2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2020
Figure 5:
Trade Balance, In Physical Terms, 2013–2020
Figure 6:
Trade Balance, In Value Terms, 2013–2020
Figure 7:
Per Capita Consumption, 2013–2020
Figure 8:
Market Forecast To 2030
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, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020

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