U.S.: Semiconductor Machinery Market 2024

Semiconductor Machinery Market Size in the U.S.

After three years of growth, the U.S. semiconductor machinery market decreased by X% to $X.1B in 2023. In general, consumption, however, posted significant growth. Over the period under review, the market reached the peak level at $X.4B in 2022, and then reduced markedly in the following year.

Semiconductor Machinery Production in the U.S.

In value terms, semiconductor machinery production stood at $X in 2023. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

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Semiconductor Machinery Exports

Exports from the U.S.

Semiconductor machinery exports from the United States declined modestly to X units in 2023, almost unchanged from 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X units. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, semiconductor machinery exports fell significantly to $X in 2023. In general, exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at $X in 2022, and then shrank rapidly in the following year.

Exports by Country

Mexico (X units), Costa Rica (X units) and Thailand (X units) were the main destinations of semiconductor machinery exports from the United States, with a combined X% share of total exports.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for semiconductor machinery exported from the United States were South Korea ($X), China ($X) and Taiwan (Chinese) ($X), with a combined X% share of total exports. Japan, Singapore, Malaysia, Mexico, Thailand and Costa Rica lagged somewhat behind, together accounting for a further X%.

Costa Rica, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average semiconductor machinery export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price recorded a significant decline. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Costa Rica ($X per unit) was amongst the lowest.

From 2013 to 2023, 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.

Semiconductor Machinery Imports

Imports into the U.S.

In 2023, supplies from abroad of semiconductor machinery decreased by X% to X units for the first time since 2019, thus ending a three-year rising trend. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2022, and then shrank markedly in the following year.

In value terms, semiconductor machinery imports reduced to $X in 2023. Over the period under review, total imports indicated a moderate expansion from 2013 to 2023: 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 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2023, China (X units) constituted the largest supplier of semiconductor machinery to the United States, accounting for a X% share of total imports. Moreover, semiconductor machinery imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), threefold. The third position in this ranking was held by Mexico (X units), with a X% share.

From 2013 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Mexico (X% per year).

In value terms, the largest semiconductor machinery suppliers to the United States were China ($X), Taiwan (Chinese) ($X) and Germany ($X), with a combined X% share of total imports. Malaysia, Mexico, Thailand and Vietnam lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average semiconductor machinery import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, saw a sharp slump. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform