Northern America: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Northern America

In 2022, the North American continuous-action elevators and conveyors market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Continuous-Action Elevators And Conveyors in Northern America

In value terms, continuous-action elevators and conveyors production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Continuous-Action Elevators And Conveyors

Exports in Northern America

In 2022, the amount of continuous-action elevators and conveyors exported in Northern America rose notably to X units, picking up by X% compared with the year before. In general, exports posted a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, continuous-action elevators and conveyors exports rose significantly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2014; afterwards, it flattened through to 2022.

Exports by Country

The United States was the largest exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by Canada (X units), committing a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the United States (with a CAGR of X%).

In value terms, the United States ($X) and Canada ($X) constituted the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Canada, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price recorded a deep slump. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, 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 (X%).

Imports of Continuous-Action Elevators And Conveyors

Imports in Northern America

Continuous-action elevators and conveyors imports declined slightly to X units in 2022, with a decrease of X% on the year before. Over the period under review, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, continuous-action elevators and conveyors imports skyrocketed to $X in 2022. In general, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2022, the United States (X units) represented the largest importer of continuous-action elevators and conveyors, comprising X% of total imports. It was distantly followed by Canada (X units), comprising a X% share of total imports.

The United States was also the fastest-growing in terms of the continuous-action elevators and conveyors imports, with a CAGR of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. The United States (X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported continuous-action elevators and conveyors in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

In the United States, continuous-action elevators and conveyors imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price, however, showed a perceptible downturn. Over the period under review, import prices hit record highs 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 the United States ($X per unit), while Canada totaled $X per unit.

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

Source: IndexBox Platform

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