Latest Report Update: Sep 26, 2021

U.S. Ships, Barges, And Platforms Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Overview of the Market for Ships, Barges, And Platforms 2021

Market Size for Ships, Barges, And Platforms in the U.S.

In 2020, the U.S. ship, barge, and platform market decreased by -X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Ship, barge, and platform consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Production of Ships, Barges, And Platforms in the U.S.

In value terms, ship, barge, and platform production totaled $X in 2020. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Exports of Ships, Barges, And Platforms

Exports from the U.S.

In 2020, the amount of ships, barges, and platforms exported from the U.S. skyrocketed to X tonnes, with an increase of X% against the previous year's figure. In general, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Exports peaked at X tonnes in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, ship, barge, and platform exports contracted dramatically to $X in 2020. Overall, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Singapore (X tonnes), Canada (X tonnes) and the United Arab Emirates (X tonnes) were the main destinations of ship, barge, and platform exports from the U.S., with a combined X% share of total exports. Mexico, Nigeria, Spain, Guyana, Haiti, Trinidad and Tobago and Colombia lagged somewhat behind, together comprising a further X 2013 to 2020, the biggest increases were in Guyana (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ship, barge, and platform exported from the U.S. were Mexico ($X), Canada ($X) and Trinidad and Tobago ($X), together accounting for X% of total exports. Spain, the United Arab Emirates, Nigeria, Singapore, Colombia, Guyana and Haiti lagged somewhat behind, together comprising a further X recorded the highest growth rate of 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

The average ship, barge, and platform export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne, and then declined dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Mexico ($X per tonne), while the average price for exports to Singapore ($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 Mexico, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ships, Barges, And Platforms

Imports into the U.S.

In 2020, after two years of decline, there was growth in supplies from abroad of ships, barges, and platforms, when their volume increased by X% to X tonnes. In general, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. from 2016 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, ship, barge, and platform imports dropped markedly to $X in 2020. Over the period under review, imports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2016 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Mexico (X tonnes) constituted the largest ship, barge, and platform supplier to the U.S., with a X% share of total imports. Moreover, ship, barge, and platform imports from Mexico exceeded the figures recorded by the second-largest supplier, Canada (X tonnes), fivefold. China (X tonnes) ranked third in terms of total imports with a X% share.

From 2013 to 2020, the average annual growth rate of volume from Mexico amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-X% per year) and China (+X% per year).

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

From 2013 to 2020, the average annual rate of growth in terms of value from Mexico totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-X% per year) and China (+X% per year).

Import Prices by Country

The average ship, barge, and platform import price stood at $X per tonne in 2020, dropping by -X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% year-to-year. The import price peaked at $X per tonne in 2019, and then fell dramatically in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of ships, barges, and platforms to the U.S.?
+
In value terms, Mexico ($318M) constituted the largest supplier of ship, barge, and platform to the U.S., comprising 75% of total imports. The second position in the ranking was occupied by Canada ($25M), with a 5.8% share of total imports. It was followed by China, with a 5.8% share.
What are the leading importers of ships, barges, and platforms from the U.S.?
+
In value terms, the largest markets for ship, barge, and platform exported from the U.S. were Mexico ($130M), Canada ($79M) and Trinidad and Tobago ($37M), with a combined 26% share of total exports. Spain, the United Arab Emirates, Nigeria, Singapore, Colombia, Guyana and Haiti lagged somewhat behind, together comprising a further 6.9%.
What is the average export price for ships, barges, and platforms in the U.S.?
+
The average ship, barge, and platform export price stood at $7,720 per tonne in 2020, declining by -64.5% against the previous year.
What is the average import price for ships, barges, and platforms in the U.S.?
+
The average ship, barge, and platform import price stood at $9,175 per tonne in 2020, declining by -30.1% against the previous year.

Product coverage:
• NAICS 336611 - Ship building and repairing

This report provides an in-depth analysis of the market for ship, barge, and platform 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:
• Bath Iron Works Corporation
• Electric Boat Corporation
• Indiana Mills & Manufacturing
• Bollinger Shipyards
• Vigor Industrial
• Eastern Shipbuilding Group
• Bae Systems San Diego Ship Repair
• Signal International
• Austal Usa
• VT Halter Marine
• Ship Colonna's Yard Incorporated
• Bae Systems Ship Repair
• Huntington Ingalls Industries
• James Marine
• Metro Machine Corp.
• Conrad Industries
• Gulf Coast Shipyard Group
• American Maritime Holdings
• Bae Systems Southeast Shipyards Amhc
• Fincantieri Marine Group
• Bollinger Shipyards Lockport
• Huntington Ingalls Industries International Shipbuilding
• Avondale Industries of New York
• Vision Technologies Systems
• Huntington Ingalls Incorporated
• Bae Systems Norfolk Ship Repair
• Nassco Holdings Incorporated
• Fincantieri Marine Group Holdings
• National Steel & Shipbuilding Company
• Miles Marine

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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