Northern America: Resistor Market 2024

Resistor Market Size in Northern America

The North American resistor market was estimated at $X in 2022, therefore, remained relatively stable against the previous year. The total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2016 indices. The level of consumption peaked in 2022 and is likely to see steady growth in years to come.

Resistor Production in Northern America

In value terms, resistor production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Resistor Exports

Exports in Northern America

In 2022, exports of electrical resistors (except heating resistors) in Northern America dropped to X units, waning by X% against the previous year's figure. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, resistor exports expanded modestly to $X in 2022. Total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The United States prevails in exports structure, finishing at X units, which was approx. X% of total exports in 2022. Canada (X units) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to resistor exports from the United States stood at X%. Canada (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The export price in Northern America stood at $X per thousand units in 2022, growing by X% against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

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

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

Resistor Imports

Imports in Northern America

For the seventh consecutive year, Northern America recorded growth in supplies from abroad of electrical resistors (except heating resistors), which increased by X% to X units in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, resistor imports expanded notably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

The purchases of the one major importers of electrical resistors (except heating resistors), namely the United States, represented more than two-thirds of total import.

The United States was also the fastest-growing in terms of the electrical resistors (except heating resistors) imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of the United States increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported electrical resistors (except heating resistors) in Northern America.

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

Import Prices by Country

In 2022, the import price in Northern America amounted to less than $X per unit, falling by X% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

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