Northern America: Centrifugal Cream Separator Market 2024

Centrifugal Cream Separator Market Size in Northern America

The North American centrifugal cream separator market skyrocketed to $X in 2021, rising by 62% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +78.9% against 2016 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Centrifugal Cream Separator Production in Northern America

In value terms, centrifugal cream separator production surged to $X in 2021 estimated in export price. In general, production saw a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 624%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Centrifugal Cream Separator Exports

Exports in Northern America

In 2021, overseas shipments of centrifugal cream separators decreased by -27% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 209%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, centrifugal cream separator exports reduced remarkably to $X in 2021. In general, exports, however, recorded a slight expansion. The pace of growth was the most pronounced in 2015 when exports increased by 335%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, the United States (X units) represented the largest exporter of centrifugal cream separators, achieving 85% of total exports. It was distantly followed by Canada (X units), achieving a 15% share of total exports.

The United States was also the fastest-growing in terms of the centrifugal cream separators exports, with a CAGR of -1.6% from 2012 to 2021. Canada (-5.2%) illustrated a downward trend over the same period. The United States (+5 p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -5% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest centrifugal cream separator supplier in Northern America, comprising 93% of total exports. The second position in the ranking was held by Canada ($X), with a 6.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +1.1%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per unit, with an increase of 10% against the previous year. Export price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, centrifugal cream separator export price decreased by -18.3% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 41% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+7.3%).

Centrifugal Cream Separator Imports

Imports in Northern America

In 2021, the amount of centrifugal cream separators imported in Northern America shrank to X units, dropping by -6.4% against the previous year. In general, imports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2020 with an increase of 362% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, centrifugal cream separator imports contracted to $X in 2021. Overall, imports saw a slight downturn. The pace of growth was the most pronounced in 2017 when imports increased by 43% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The United States prevails in imports structure, accounting for X units, which was approx. 97% of total imports in 2021. Canada (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to centrifugal cream separator imports into the United States stood at -1.4%. At the same time, Canada (+29.2%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +29.2% from 2012-2021. From 2012 to 2021, the share of Canada increased by +2.8 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported centrifugal cream separators in Northern America, comprising 86% of total imports. The second position in the ranking was taken by Canada ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to -1.5%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, picking up by 1.7% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 148% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-0.1%).

Source: IndexBox Platform

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