Report Update Nov 1, 2024

Northern America - Horizontal Machining Centres for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Horizontal Machining Centre Market 2024

Horizontal Machining Centre Market Size in Northern America

The North American horizontal machining centre market fell to $X in 2021, reducing by -10.1% against the previous year. Over the period under review, consumption recorded a abrupt curtailment. The growth pace was the most rapid in 2019 when the market value increased by 5.2% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Horizontal Machining Centre Production in Northern America

In value terms, horizontal machining centre production reduced to $X in 2021 estimated in export price. Overall, production saw a perceptible decline. The most prominent rate of growth was recorded in 2015 with an increase of 13%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Horizontal Machining Centre Exports

Exports in Northern America

In 2021, overseas shipments of horizontal machining centres for working metal were finally on the rise to reach X units after two years of decline. Over the period under review, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, horizontal machining centre exports skyrocketed to $X in 2021. Overall, exports, however, recorded a noticeable curtailment. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, the United States (X units) was the major exporter of horizontal machining centres for working metal in Northern America, comprising 99% of total export.

The United States experienced a relatively flat trend pattern with regard to volume of exports of horizontal machining centres for working metal. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest horizontal machining centre supplier in Northern America.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to -2.6%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per unit, stabilizing at the previous year. Over the period under review, the export price, however, saw a perceptible slump. The pace of growth was the most pronounced in 2014 an increase of 19%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -2.6% per year.

Horizontal Machining Centre Imports

Imports in Northern America

After two years of decline, overseas purchases of horizontal machining centres for working metal increased by 21% to X units in 2021. In general, imports, however, continue to indicate a noticeable decline. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, horizontal machining centre imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible descent. The growth pace was the most rapid in 2018 when imports increased by 26%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United States represented the major importing country with an import of about X units, which amounted to 71% of total imports. It was distantly followed by Canada (X units), making up a 29% share of total imports.

The United States was also the fastest-growing in terms of the horizontal machining centres for working metal imports, with a CAGR of -4.0% from 2012 to 2021. Canada (-6.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +5 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported horizontal machining centres for working metal in Northern America, comprising 89% of total imports. The second position in the ranking was taken by Canada ($X), with an 11% share of total imports.

In the United States, horizontal machining centre imports declined by an average annual rate of -3.8% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2018 when the import price increased by 14%. Over the period under review, import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, 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 stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for horizontal machining centres for working metal in Northern America?

The countries with the highest volumes of horizontal machining centre consumption in 2021 were Canada and the United States.

What are the largest producers of horizontal machining centres for working metal in Northern America?

The country with the largest volume of horizontal machining centre production was the United States, accounting for 100% of total volume.

What are the leading exporters of horizontal machining centres for working metal in Northern America?

In value terms, the United States remains the largest horizontal machining centre supplier in Northern America, comprising 99% of total exports. The second position in the ranking was occupied by Canada, with a 1.2% share of total exports.

What are the leading importers of horizontal machining centres for working metal in Northern America?

In value terms, the United States constitutes the largest market for imported horizontal machining centres for working metal in Northern America, comprising 91% of total imports. The second position in the ranking was occupied by Canada, with a 9.4% share of total imports.

What is the average export price for horizontal machining centres for working metal in Northern America?

In 2021, the horizontal machining centre export price in Northern America amounted to $92,085 per unit, with an increase of 11% against the previous year.

What is the average import price for horizontal machining centres for working metal in Northern America?

The horizontal machining centre import price in Northern America stood at $165,576 per unit in 2021, shrinking by -2.3% against the previous year.

This report provides an in-depth analysis of the horizontal machining centre market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28411220 - Horizontal machining centres for working metal

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023