Northern America: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Exports

Exports in Northern America

In 2021, overseas shipments of industrial machinery for the preparation of fruits, nuts or vegetables decreased by -11.7% to X units, falling for the second consecutive year after four years of growth. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 103%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, fruit-preparation industrial machinery exports soared to $X in 2021. Total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -21.8% against 2018 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 41% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States prevails in exports structure, resulting at X units, which was near 91% of total exports in 2021. It was distantly followed by Canada (X units), generating an 8.7% share of total exports.

Exports from the United States increased at an average annual rate of +8.3% from 2012 to 2021. At the same time, Canada (+24.0%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +24.0% from 2012-2021. From 2012 to 2021, the share of Canada increased by +6 percentage points.

In value terms, the United States ($X) remains the largest fruit-preparation industrial machinery supplier in Northern America, comprising 86% of total exports. The second position in the ranking was held by Canada ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +4.1%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per unit, with an increase of 36% against the previous year. Overall, the export price, however, saw a perceptible reduction. The level of export peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.7%).

Fruit-Preparation Industrial Machinery Imports

Imports in Northern America

Fruit-preparation industrial machinery imports soared to X units in 2021, rising by 26% against the previous year. Total imports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +145.9% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 51% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, fruit-preparation industrial machinery imports surged to $X in 2021. Total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.6% against 2019 indices. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the two major importers of industrial machinery for the preparation of fruits, nuts or vegetables, namely the United States and Canada, represented more than two-thirds of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Canada (with a CAGR of +15.1%).

In value terms, the United States ($X) constitutes the largest market for imported industrial machinery for the preparation of fruits, nuts or vegetables in Northern America, comprising 75% of total imports. The second position in the ranking was held by Canada ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +3.8%.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, with an increase of 11% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by 30% against the previous year. The level of import peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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 the United States (+3.8%).

Source: IndexBox Platform

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