Northern America: Chromatograph Market 2024

Chromatograph Market Size in Northern America

The North American chromatograph market skyrocketed to $X in 2022, increasing by 31% against the previous year. Overall, consumption enjoyed a modest increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Chromatograph Production in Northern America

In value terms, chromatograph production soared to $X in 2022 estimated in export price. Overall, production posted a significant expansion. The growth pace was the most rapid in 2020 when the production volume increased by 1,206%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Chromatograph Exports

Exports in Northern America

In 2022, overseas shipments of chromatographs and electrophoresis instruments increased by 34% to X units, rising for the second consecutive year after three years of decline. Total exports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, chromatograph exports totaled $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, finishing at X units, which was near 93% of total exports in 2022. It was distantly followed by Canada (X units), generating a 6.9% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to chromatograph exports from the United States stood at +2.2%. At the same time, Canada (+27.3%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +27.3% from 2012-2022. From 2012 to 2022, the share of Canada increased by +6.1 percentage points.

In value terms, the United States ($X) remains the largest chromatograph supplier in Northern America, comprising 92% of total exports. The second position in the ranking was held by Canada ($X), with an 8.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States totaled -1.3%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, declining by -18% against the previous year. Over the period under review, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2013 an increase of 5.5%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.4%).

Chromatograph Imports

Imports in Northern America

For the fourth year in a row, Northern America recorded growth in overseas purchases of chromatographs and electrophoresis instruments, which increased by 3.7% to X units in 2022. Overall, imports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, chromatograph imports rose significantly to $X in 2022. The total import value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X units) was the main importer of chromatographs and electrophoresis instruments, mixing up 62% of total imports. It was distantly followed by Canada (X units), constituting a 38% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Canada (with a CAGR of -2.1%).

In value terms, the United States ($X) constitutes the largest market for imported chromatographs and electrophoresis instruments in Northern America, comprising 87% of total imports. The second position in the ranking was taken by Canada ($X), with a 13% share of total imports.

In the United States, chromatograph imports expanded at an average annual rate of +1.1% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, rising by 6.4% against the previous year. Over the period under review, the import price continues to indicate strong growth. The pace of growth was the most pronounced in 2016 an increase of 35% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, 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 (+10.7%).

Source: IndexBox Platform

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