U.S. - Machines For Electroplating, Electrolysis Or Electrophoresis - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnited States Reports $180M Decline in Electroplating Machine Imports in 2023
U.S. Electroplating Machine Imports
In 2023, purchases abroad of machines for electroplating, electrolysis or electrophoresis decreased by -46.7% to 437K units for the first time since 2012, thus ending a ten-year rising trend. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 1,443%. Over the period under review, imports hit record highs at 821K units in 2022, and then declined notably in the following year.
In value terms, electroplating machine imports dropped to $180M (IndexBox estimates) in 2023. In general, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2022 when imports increased by 106% against the previous year. As a result, imports attained the peak of $183M, and then fell modestly in the following year.
| COUNTRY | Import Value of Electroplating Machine in U.S. (million USD) | ||||
|---|---|---|---|---|---|
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 37.5 | 48.1 | 44.3 | 85.5 | 46.4 |
| Japan | 19.3 | 3.9 | 4.3 | 32.9 | 39.3 |
| Canada | 12.9 | 13.0 | 12.4 | 15.5 | 14.6 |
| Vietnam | 0.1 | 0.1 | 0.2 | 0.1 | 13.3 |
| Mexico | 1.5 | 4.9 | 3.2 | 2.5 | 11.4 |
| Brazil | 0.4 | N/A | 0.3 | 9.0 | 9.2 |
| Portugal | 0.1 | N/A | N/A | N/A | 8.1 |
| United Kingdom | 5.7 | 0.9 | 2.4 | 3.0 | 6.5 |
| Germany | 4.0 | 3.4 | 5.4 | 17.7 | 5.9 |
| Others | 19.6 | 10.3 | 16.3 | 16.9 | 24.8 |
| Total | 101 | 84.6 | 88.9 | 183 | 180 |
Imports by Country
China (114K units), Japan (97K units) and Canada (36K units) were the main suppliers of electroplating machine imports to the United States, with a combined 57% share of total imports. Vietnam, Mexico, Brazil, Portugal, the UK and Germany lagged somewhat behind, together accounting for a further 31%.
From 2019 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of +490.3%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, China ($46M), Japan ($39M) and Canada ($15M) constituted the largest electroplating machine suppliers to the United States, with a combined 56% share of total imports. Vietnam, Mexico, Brazil, Portugal, the UK and Germany lagged somewhat behind, together accounting for a further 30%.
Portugal, with a CAGR of +226.0%, recorded the highest growth rate of the value of imports, among 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 electroplating machine price stood at $411 per unit (CIF, US), surging by 84% against the previous year. Overall, the import price, however, showed a sharp shrinkage. Over the period under review, average import prices hit record highs at $4,722 per unit in 2019; however, from 2020 to 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Germany ($412 per unit) and the UK ($407 per unit), while the price for Canada ($406 per unit) and Japan ($406 per unit) were amongst the lowest.
From 2019 to 2023, the most notable rate of growth in terms of prices was attained by Portugal (-38.0%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the electroplating machine 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 2030.
Product coverage:
- Prodcom 28491283 - Machines and apparatus for electroplating, electrolysis or electrophoresis
Country coverage:
- United States
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
