U.S. - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMechanical Shovel And Excavator Prices in the United States
U.S. Mechanical Shovel And Excavator Import Price in August 2022
In August 2022, the mechanical shovel and excavator price amounted to $56K per unit (CIF, US), growing by 3.8% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in March 2022 when the average import price increased by 15% m-o-m. As a result, import price attained the peak level of $61.7M per thousand units; afterwards, it flattened through to August 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($193K per unit), while the price for the Czech Republic ($23K 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 China (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Mechanical Shovel And Excavator Import Prices by Type
U.S. Mechanical Shovel And Excavator Imports
Mechanical shovel and excavator imports into the United States reduced to 13K units in August 2022, waning by -6.2% on the previous month's figure. The total import volume increased at an average monthly rate of +1.4% from January 2022 to August 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain months. The most prominent rate of growth was recorded in July 2022 with an increase of 14% m-o-m. As a result, imports attained the peak of 14K units, and then shrank in the following month.
In value terms, mechanical shovel and excavator imports contracted to $722M (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +1.7% over the period from January 2022 to August 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in May 2022 when imports increased by 12% m-o-m. Imports peaked at 741M units in July 2022, and then contracted slightly in the following month.
U.S. Mechanical Shovel And Excavator Imports by Type
From January 2022 to August 2022, the average monthly rate of growth in terms of the volume of import of No country was relatively modest.
From January 2022 to August 2022, the average monthly rate of growth in terms of the import volume of No country was relatively modest.
U.S. Mechanical Shovel And Excavator Imports by Country
In August 2022, Japan (8.4K units) constituted the largest supplier of mechanical shovel and excavator to the United States, with a 65% share of total imports. Moreover, mechanical shovel and excavator imports from Japan exceeded the figures recorded by the second-largest supplier, China (1.2K units), sevenfold. The UK (743 units) ranked third in terms of total imports with a 5.8% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume from Japan stood at +2.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-6.4% per month) and the UK (+4.3% per month).
In value terms, Japan ($447M) constituted the largest supplier of mechanical shovel and excavator to the United States, comprising 62% of total imports. The second position in the ranking was held by the UK ($47M), with a 6.5% share of total imports. It was followed by China, with a 6.4% share.
From January 2022 to August 2022, the average monthly growth rate of value from Japan stood at +2.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: the UK (+2.8% per month) and China (-4.3% per month).
This report provides an in-depth analysis of the market for mechanical shovel and excavator 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 28922530 - Loaders specially designed for underground use
- Prodcom 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders
- Prodcom 28922600 - Self-propelled bulldozers... with a .360
- Prodcom 28922730 - Self-propelled bulldozers, excavators..., n.e.c.
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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