Northern America: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in Northern America

The North American appliance part brush market stood at $X in 2022, approximately equating the previous year. The total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +11.1% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Appliance Part Brush Production in Northern America

In value terms, appliance part brush production shrank to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 28%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Appliance Part Brush Exports

Exports in Northern America

In 2022, the amount of brushes constituting parts of appliances exported in Northern America declined to X units, falling by -10.3% on 2021. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 17%. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, appliance part brush exports amounted to $X in 2022. The total export value increased at an average annual rate of +4.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 15% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

The United States represented the major exporter of brushes constituting parts of appliances in Northern America, with the volume of exports resulting at X units, which was near 84% of total exports in 2022. It was distantly followed by Canada (X units), constituting a 16% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to appliance part brush exports from the United States stood at -1.0%. At the same time, Canada (+5.5%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +5.5% from 2012-2022. While the share of Canada (+6.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-6.9 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest appliance part brush supplier in Northern America, comprising 88% of total exports. The second position in the ranking was held by Canada ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +3.8%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, rising by 25% against the previous year. Over the last decade, it increased at an average annual rate of +4.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%).

Appliance Part Brush Imports

Imports in Northern America

After three years of growth, purchases abroad of brushes constituting parts of appliances decreased by -1.2% to X units in 2022. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports reached the peak of X units, and then contracted in the following year.

In value terms, appliance part brush imports totaled $X in 2022. Total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.6% against 2016 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

The United States represented the key importer of brushes constituting parts of appliances in Northern America, with the volume of imports accounting for X units, which was approx. 83% of total imports in 2022. It was distantly followed by Canada (X units), making up a 17% share of total imports.

The United States was also the fastest-growing in terms of the brushes constituting parts of appliances imports, with a CAGR of +11.8% from 2012 to 2022. At the same time, Canada (+2.9%) displayed positive paces of growth. The United States (+15 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -14.9% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported brushes constituting parts of appliances in Northern America, comprising 72% of total imports. The second position in the ranking was taken by Canada ($X), with a 28% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States totaled +5.6%.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, rising by 4.8% against the previous year. In general, the import price, however, continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2018 when the import price increased by 7.6% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.6%).

Source: IndexBox Platform

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