Northern America: Non-Propelled Vehicle Axle Market 2020

Non-Propelled Vehicle Axle Market Size in Northern America

The revenue of the non-propelled vehicle axle market in Northern America amounted to $X in 2017, picking up by X% against the previous year. The non-propelled vehicle axle consumption continues to indicate a deep curtailment. The pace of growth appeared the most rapid in 2017, when it surged by X% year-to-year. Over the period under review, the non-propelled vehicle axle market reached its maximum level of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Non-Propelled Vehicle Axle Production in Northern America

In 2017, production of axles of vehicles which are not mechanically propelled in Northern America stood at X tons, lowering by -X% against the previous year. The non-propelled vehicle axle production continues to indicate a deep reduction. The growth pace was the most rapid in 2008, with an increase of X% y-o-y. In that year, the non-propelled vehicle axle production reached their peak volume of X tons. From 2009 to 2017, growth of the non-propelled vehicle axle production failed to regain its momentum.

Non-Propelled Vehicle Axle Exports in Northern America

In 2017, exports of axles of vehicles which are not mechanically propelled in Northern America stood at X tons, coming up by X% against the previous year. The non-propelled vehicle axle exports continue to indicate a remarkable growth. The growth pace was the most rapid in 2010, when exports increased by X% year-to-year. Over the period under review, the non-propelled vehicle axle exports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, non-propelled vehicle axle exports amounted to $X in 2017. The non-propelled vehicle axle exports continue to indicate a strong growth. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Non-Propelled Vehicle Axle Exports by Country in Northern America

The U.S. (X tons) represented roughly X% of total exports of axles of vehicles which are not mechanically propelled in 2017.

The U.S. was also the fastest growing in terms of the axles of vehicles which are not mechanically propelled exports, with a CAGR of +X% from 2007 to 2017. While the share of the U.S. (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest non-propelled vehicle axle supplier in Northern America.

From 2007 to 2017, the average annual growth rate of value in the U.S. amounted to +X%.

Non-Propelled Vehicle Axle Export Prices by Country in Northern America

The non-propelled vehicle axle export price in Northern America stood at $X per ton in 2017, increasing by X% against the previous year. The non-propelled vehicle axle export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009, when it surged by X% y-o-y. In that year, the export prices for axles of vehicles which are not mechanically propelled reached their peak level of $X per ton. From 2010 to 2017, growth of the export prices for axles of vehicles which are not mechanically propelled stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (-X% per year).

Non-Propelled Vehicle Axle Imports in Northern America

The imports stood at X tons in 2017, growing by X% against the previous year. The non-propelled vehicle axle imports continue to indicate a mild curtailment. The growth pace was the most rapid in 2010, when imports increased by X% against the previous year. Over the period under review, the non-propelled vehicle axle imports attained its maximum volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, non-propelled vehicle axle imports stood at $X in 2017. The total imports indicated a notable increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the non-propelled vehicle axle imports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Non-Propelled Vehicle Axle Imports by Country in Northern America

The imports of the one major importers of axles of vehicles which are not mechanically propelled, namely the U.S., represented more than two-thirds of total import.

The U.S. was also the fastest growing in terms of the axles of vehicles which are not mechanically propelled imports, with a CAGR of -X% from 2007 to 2017. The U.S. (X%) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported axles of vehicles which are not mechanically propelled in Northern America.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. totaled +X%.

Non-Propelled Vehicle Axle Import Prices by Country in Northern America

The non-propelled vehicle axle import price in Northern America stood at $X per ton in 2017, approximately reflecting the previous year. The import price indicated a remarkable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the non-propelled vehicle axle import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. In that year, the import prices for axles of vehicles which are not mechanically propelled attained their peak level of $X per ton. From 2009 to 2017, growth of the import prices for axles of vehicles which are not mechanically propelled failed to regain its momentum.

As there is only one major export destination, the average price level is determined by import prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year).

Source: IndexBox Platform