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U.S. Scale And Balance Market. Analysis And Forecast to 2030
Report Update: Nov 1, 2024

U.S. Scale And Balance Market. Analysis And Forecast to 2030

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Jun 12, 2023

Scale and Balance Price in United States Slumps 20%, Averaging $10.9 per kg

U.S. Scale And Balance Import Price in April 2023

In April 2023, the scale and balance price stood at $10,884 per ton (CIF, US), with a decrease of -19.5% against the previous month. In general, the import price saw a pronounced decrease. The pace of growth was the most pronounced in June 2022 an increase of 10% month-to-month. The import price peaked at $18,214 per ton in September 2022; however, from October 2022 to April 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Germany ($178K per ton), while the price for China ($4,470 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Germany (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

COUNTRYImport Price of Scale And Balance in U.S. (USD per ton)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Germany51,99643,386165,04980,128103,34250,253136,111179,647146,813152,92068,840167,652178,259
Mexico63,78068,41270,20366,73062,01063,47066,12471,04074,85088,16692,30689,46788,696
China6,3896,5136,4426,9397,1256,8456,4214,7414,8724,3444,7424,2814,470
Average15,51815,36816,91016,41217,94818,21418,16614,43714,39411,77012,92413,52310,884

U.S. Scale And Balance Imports

In April 2023, imports of scales and balances into the United States soared to 7.1K tons, rising by 30% against the month before. Over the period under review, total imports indicated a perceptible expansion from April 2022 to April 2023: its volume increased at an average monthly rate of +2.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, imports increased by +49.3% against February 2023 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, scale and balance imports expanded modestly to $78M (IndexBox estimates) in April 2023. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when imports increased by 24% month-to-month. As a result, imports attained the peak of $94M. From January 2023 to April 2023, the growth of imports remained at a somewhat lower figure.

U.S. Scale And Balance Imports by Country

In April 2023, China (6.6K tons) was the main scale and balance supplier to the United States, with a 93% share of total imports. It was followed by Mexico (100 tons), with a 1.4% share of total imports.

From April 2022 to April 2023, the average monthly growth rate of volume from China stood at +3.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (-1.3% per month) and Germany (-10.8% per month).

In value terms, China ($30M) constituted the largest supplier of scale and balance to the United States, comprising 38% of total imports. The second position in the ranking was taken by Germany ($10M), with a 13% share of total imports.

From April 2022 to April 2023, the average monthly rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (-1.1% per month) and Mexico (+1.4% per month).

Source: IndexBox Market Intelligence Platform

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 2030.

Product coverage:

  • NAICS 333997 - Scale and balance manufacturing

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:

  • 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:

  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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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