Northern America: Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size in Northern America

The North American hand-operated air pump market declined to $X in 2022, which is down by -13.9% against the previous year. Overall, consumption showed a pronounced decline. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Hand-Operated Air Pump Production in Northern America

In value terms, hand-operated air pump production dropped notably to $X in 2022 estimated in export price. Overall, production recorded a mild contraction. The pace of growth appeared the most rapid in 2019 with an increase of 122% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Hand-Operated Air Pump Exports

Exports in Northern America

Hand-operated air pump exports shrank remarkably to X units in 2022, waning by -18.1% on 2021. Total exports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 44% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, hand-operated air pump exports reduced rapidly to $X in 2022. Overall, exports, however, saw a tangible increase. The growth pace was the most rapid in 2019 when exports increased by 100% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, reaching X units, which was approx. 97% of total exports in 2022. Canada (X units) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the hand or foot-operated air pumps exports, with a CAGR of +3.7% from 2012 to 2022. At the same time, Canada (+3.3%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest hand-operated air pump supplier in Northern America, comprising 98% of total exports. The second position in the ranking was held by Canada ($X), with a 1.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +4.9%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, falling by -18.3% against the previous year. In general, the export price, however, recorded a slight increase. The growth pace was the most rapid in 2019 an increase of 45%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices 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 (+1.1%).

Hand-Operated Air Pump Imports

Imports in Northern America

After two years of growth, supplies from abroad of hand or foot-operated air pumps decreased by -12.9% to X units in 2022. The total import volume increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 27% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then contracted in the following year.

In value terms, hand-operated air pump imports dropped to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

The United States represented the largest importer of hand or foot-operated air pumps in Northern America, with the volume of imports recording X units, which was approx. 90% of total imports in 2022. It was distantly followed by Canada (X units), mixing up a 10% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to hand-operated air pump imports into the United States stood at +1.9%. At the same time, Canada (+2.5%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +2.5% from 2012-2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported hand or foot-operated air pumps in Northern America, comprising 82% of total imports. The second position in the ranking was taken by Canada ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States was relatively modest.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, reducing by -1.8% against the previous year. Over the period under review, the import price saw a mild setback. The growth pace was the most rapid in 2021 when the import price increased by 11%. The level of import peaked at $X per unit in 2013; however, from 2014 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 (-0.3%).

Source: IndexBox Platform

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