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Report Northern America - Airbags With Inflator System and Parts Thereof - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Northern America - Airbags With Inflator System and Parts Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Inflator System Airbag Market 2024

Inflator System Airbag Market Size in Northern America

The North American inflator system airbag market expanded rapidly to $X in 2022, growing by 12% against the previous year. Over the period under review, consumption continues to indicate a prominent expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Inflator System Airbag Production in Northern America

In value terms, inflator system airbag production stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate resilient growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 87%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Inflator System Airbag Exports

Exports in Northern America

In 2022, shipments abroad of airbags with inflator system and parts thereof increased by 3.6% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2019 when exports increased by 16%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, inflator system airbag exports expanded remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a mild descent. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States represented the key exporting country with an export of around X tons, which recorded 61% of total exports. It was distantly followed by Canada (X tons), committing a 39% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Canada (with a CAGR of +4.7%).

In value terms, the United States ($X) remains the largest inflator system airbag supplier in Northern America, comprising 89% of total exports. The second position in the ranking was taken by Canada ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States totaled -1.9%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, picking up by 5.1% against the previous year. In general, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 184% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.2%).

Inflator System Airbag Imports

Imports in Northern America

In 2022, supplies from abroad of airbags with inflator system and parts thereof increased by 9.8% to X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 14% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, inflator system airbag imports rose significantly to $X in 2022. Overall, imports, however, continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 12%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the key importer of airbags with inflator system and parts thereof, generating 63% of total imports. It was distantly followed by Canada (X tons), constituting a 37% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of -5.3%).

In value terms, the United States ($X) constitutes the largest market for imported airbags with inflator system and parts thereof in Northern America, comprising 88% of total imports. The second position in the ranking was taken by Canada ($X), with a 12% share of total imports.

In the United States, inflator system airbag imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price saw strong growth. The most prominent rate of growth was recorded in 2020 when the import price increased by 148%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The United States remains the largest inflator system airbag consuming country in Northern America, comprising approx. 92% of total volume. Moreover, inflator system airbag consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, more than tenfold.
The country with the largest volume of inflator system airbag production was the United States, accounting for 92% of total volume. Moreover, inflator system airbag production in the United States exceeded the figures recorded by the second-largest producer, Canada, more than tenfold.
In value terms, the United States remains the largest inflator system airbag supplier in Northern America, comprising 90% of total exports. The second position in the ranking was occupied by Canada, with a 9.9% share of total exports.
In value terms, the United States constitutes the largest market for imported airbags with inflator system and parts thereof in Northern America, comprising 87% of total imports. The second position in the ranking was occupied by Canada, with a 13% share of total imports.
In 2021, the export price in Northern America amounted to $11,184 per ton, shrinking by -33% against the previous year.
In 2021, the import price in Northern America amounted to $10,553 per ton, waning by -34.3% against the previous year.

This report provides an in-depth analysis of the inflator system airbag market in Northern America. 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 29322050 - Airbags with inflator system and parts thereof

Country coverage:

  • Bermuda
  • Canada
  • Greenland
  • Saint Pierre and Miquelon
  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Northern America, split by region and country
  • Trade (exports and imports) in Northern America
  • 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. CONSUMPTION BY COUNTRY
    3. 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
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Bermuda
    • Canada
    • Greenland
    • Saint Pierre and Miquelon
    • United States

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

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

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