Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Prices in the United States

U.S. Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Import Price in August 2022

In August 2022, the machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids price stood at $3.2K per unit (CIF, US), shrinking by -33% against the previous month. Over the period under review, the import price saw a perceptible setback. The growth pace was the most rapid in April 2022 when the average import price increased by 59% m-o-m. The import price peaked at $5.4K per unit in May 2022; afterwards, it flattened through to August 2022.

There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was the UK ($72K per unit), while the price for China ($315 per unit) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was machines ($4.3K per unit), while the price for concrete or mortar mixers ($568 per unit) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by machines; for sorting, screening, separating or washing earth, stone, ores or other mineral substances (+25.9%), while the prices for the other products experienced more modest paces of growth.

U.S. Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Imports

Imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids into the United States soared to 26K units in August 2022, with an increase of 24% on July 2022 figures. The total import volume increased at an average monthly rate of +4.8% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in March 2022 with an increase of 38% month-to-month. Over the period under review, imports of reached the maximum in August 2022.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids declined significantly to $83M (IndexBox estimates) in August 2022. Overall, total imports indicated perceptible growth from January 2022 to August 2022: its value increased at an average monthly rate of +2.2% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports decreased by -21.9% against May 2022 indices. The growth pace was the most rapid in March 2022 when imports increased by 42% against the previous month. Over the period under review, imports of hit record highs at 106M units in May 2022; however, from June 2022 to August 2022, imports stood at a somewhat lower figure.

U.S. Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Imports by Type

In August 2022, concrete or mortar mixers (21K units) constituted the largest type of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids supplied to the United States, accounting for a 88% share of total imports. Moreover, concrete or mortar mixers exceeded the figures recorded for the second-largest type, machines (1.7K units), more than tenfold.

From January 2022 to August 2022, the average monthly rate of growth in terms of the volume of import of concrete or mortar mixers totaled +6.5%. With regard to the other supplied products, the following average monthly rates of growth were recorded: machines (+5.4% per month) and machines; for mixing or kneading mineral substances, excluding concrete mixers and machines for mixing mineral substances with bitumen (+16.4% per month).

In value terms, concrete or mortar mixers ($12M), machines ($7.4M) and machines; for mixing or kneading mineral substances, excluding concrete mixers and machines for mixing mineral substances with bitumen ($2.3M) were the most imported types of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids in the United States.

U.S. Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids Imports by Country

In August 2022, China (19K units) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to the United States, with a 73% share of total imports. Moreover, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from China exceeded the figures recorded by the second-largest supplier, India (2.6K units), sevenfold. The third position in this ranking was taken by Mexico (993 units), with a 3.8% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of volume from China totaled +3.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: India (+75.3% per month) and Mexico (+14.5% per month).

In value terms, the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids suppliers to the United States were the UK ($25M), Canada ($13M) and Germany ($7.2M), together comprising 55% of total imports. China, Italy, Japan, Mexico and India lagged somewhat behind, together comprising a further 24%.

India, with a CAGR of +38.4%, saw 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.

Source: IndexBox Market Intelligence Platform