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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 2020

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

The U.S. ship, barge, and platform market dropped to $X in 2019, which is down by -X% against the previous year. Over the period under review, consumption recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2016 to 2019, the growth of the market failed to regain the momentum.

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

In value terms, ship, barge, and platform production shrank modestly to $X in 2019. Overall, production recorded a pronounced reduction. The growth pace was the most rapid in 2015 when the production volume increased by X% y-o-y. Ship, barge, and platform production peaked at $X in 2013; however, from 2014 to 2019, production remained at a lower figure.

Exports of Ships, Barges, And Platforms

Exports from the U.S.

Ship, barge, and platform exports from the U.S. soared to X tonnes in 2019, jumping by X% on the year before. Overall, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

In value terms, ship, barge, and platform exports fell remarkably to $X in 2019. In general, exports, however, showed a sharp descent. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

Exports by Country

Gabon (X tonnes), Bahrain (X tonnes) and Mexico (X tonnes) were the main destinations of ship, barge, and platform exports from the U.S., with a combined X% share of total exports.

From 2013 to 2019, the biggest increases were in Gabon (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Trinidad and Tobago ($X) emerged as the key foreign market for ship, barge, and platform exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Gabon ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of value to Trinidad and Tobago totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gabon (+X% per year) and Mexico (-X% per year).

Export Prices by Country

In 2019, the average ship, barge, and platform export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the export price showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2015; however, from 2016 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Trinidad and Tobago ($X per tonne), while the average price for exports to Bahrain ($X per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago, while the prices for the other major destinations experienced a decline.

Imports of Ships, Barges, And Platforms

Imports into the U.S.

For the fourth consecutive year, the U.S. recorded decline in supplies from abroad of ships, barges, and platforms, which decreased by -X% to X tonnes in 2019. Overall, imports faced a deep downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2016 to 2019, the growth imports failed to regain the momentum.

In value terms, ship, barge, and platform imports rose sharply to $X in 2019. In general, imports showed a pronounced contraction. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. From 2016 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, Turkey (X tonnes) constituted the largest supplier of ship, barge, and platform to the U.S., with a X% share of total imports. Moreover, ship, barge, and platform imports from Turkey exceeded the figures recorded by the second-largest supplier, the UK (X tonnes), fivefold. The third position in this ranking was occupied by Canada (X tonnes), with a X% share.

From 2013 to 2019, the average annual growth rate of volume from Turkey amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Canada (+X% per year).

In value terms, the UK ($X), Canada ($X) and South Korea ($X) constituted the largest ship, barge, and platform suppliers to the U.S., together accounting for X% of total imports.

Among the main suppliers, the UK saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2019, the average ship, barge, and platform import price amounted to $X per tonne, picking up by X% against the previous year. Overall, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2019 and is likely to see gradual growth in the immediate term.

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

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by South Korea, 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 ships, barges, and platforms to the U.S.?
+
In value terms, the largest ship, barge, and platform suppliers to the U.S. were the UK ($44M), Canada ($35M) and South Korea ($17M), with a combined 14% share of total imports.
What are the leading importers of ships, barges, and platforms from the U.S.?
+
In value terms, Trinidad and Tobago ($112M) emerged as the key foreign market for ship, barge, and platform exports from the U.S., comprising 50% of total exports. The second position in the ranking was occupied by Gabon ($7.9M), with a 3.5% share of total exports. It was followed by Mexico, with a 1.5% share.
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 $5,570 per tonne in 2019, declining by -87.6% 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 $38,841 per tonne in 2019, increasing by 42% 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 2013–2019
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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