Northern America: Inductor Market 2025

Inductor Market Size in Northern America

The North American inductor market reduced modestly to $X in 2022, which is down by -4.4% against the previous year. In general, consumption, however, posted prominent growth. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank in the following year.

Inductor Production in Northern America

In value terms, inductor production declined to $X in 2022 estimated in export price. Over the period under review, production, however, showed a strong expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by 96%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Inductor Exports

Exports in Northern America

In 2022, after two years of growth, there was significant decline in overseas shipments of inductors, when their volume decreased by -18.6% to X units. Total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 18% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then fell notably in the following year.

In value terms, inductor exports totaled $X in 2022. The total export value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 10% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, amounting to X units, which was near 96% of total exports in 2022. Canada (X units) held a minor share of total exports.

The United States was also the fastest-growing in terms of the inductors exports, with a CAGR of +5.6% from 2012 to 2022. Canada (-10.7%) illustrated a downward trend over the same period. The United States (+15 p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -14.5% from 2012 to 2022, respectively.

In value terms, the United States ($X) remains the largest inductor supplier in Northern America, comprising 90% of total exports. The second position in the ranking was held by Canada ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +3.5%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, picking up by 33% against the previous year. Overall, the export price, however, showed a slight contraction. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a 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 totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+8.2%).

Inductor Imports

Imports in Northern America

In 2022, purchases abroad of inductors decreased by -10% to X units for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 34%. The volume of import peaked at X units in 2021, and then reduced in the following year.

In value terms, inductor imports skyrocketed to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States dominates imports structure, resulting at X units, which was approx. 98% of total imports in 2022. Canada (X units) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the inductors imports, with a CAGR of +10.8% from 2012 to 2022. Canada (-2.5%) illustrated a downward trend over the same period. The United States (+5.9 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -5.9% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported inductors in Northern America, comprising 94% of total imports. The second position in the ranking was held by Canada ($X), with a 6.3% share of total imports.

In the United States, inductor imports increased at an average annual rate of +6.6% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, picking up by 30% against the previous year. Over the period under review, the import price, however, saw a pronounced decrease. Over the period under review, import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: 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 (+6.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :