Northern America - Industrial Machinery for the Preparation of Meat or Poultry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Meat-Preparation Industrial Machinery Market 2024
Meat-Preparation Industrial Machinery Market Size in Northern America
The North American meat-preparation industrial machinery market soared to $X in 2022, rising by 18% against the previous year. Overall, consumption continues to indicate a strong increase. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.
Meat-Preparation Industrial Machinery Production in Northern America
In value terms, meat-preparation industrial machinery production stood at $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with a decrease of 99.9% against the previous year. The level of production peaked in 2022 and is expected to retain growth in the immediate term.
Meat-Preparation Industrial Machinery Exports
Exports in Northern America
In 2022, the amount of industrial machinery for the preparation of meat or poultry exported in Northern America rose rapidly to X units, growing by 5.5% against 2021 figures. Overall, exports, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2014 with an increase of 11% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
In value terms, meat-preparation industrial machinery exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
Exports by Country
In 2022, the United States (X units) represented the major exporter of industrial machinery for the preparation of meat or poultry, creating 86% of total exports. It was distantly followed by Canada (X units), constituting a 14% share of total exports.
Exports from the United States decreased at an average annual rate of -3.2% from 2012 to 2022. At the same time, Canada (+2.0%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +2.0% from 2012-2022. While the share of Canada (+5.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-5.1 p.p.) displayed negative dynamics.
In value terms, the United States ($X) remains the largest meat-preparation industrial machinery supplier in Northern America, comprising 85% of total exports. The second position in the ranking was taken by Canada ($X), with a 15% share of total exports.
In the United States, meat-preparation industrial machinery exports remained relatively stable over the period from 2012-2022.
Export Prices by Country
The export price in Northern America stood at $X per unit in 2022, increasing by 9.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2017 when the export price increased by 10%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($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 the United States (+2.5%).
Meat-Preparation Industrial Machinery Imports
Imports in Northern America
In 2022, approx. X units of industrial machinery for the preparation of meat or poultry were imported in Northern America; increasing by 50% against 2021 figures. In general, imports saw a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 60% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.
In value terms, meat-preparation industrial machinery imports expanded markedly to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Imports by Country
The United States dominates imports structure, reaching X units, which was near 96% of total imports in 2022. Canada (X units) followed a long way behind the leaders.
The United States was also the fastest-growing in terms of the industrial machinery for the preparation of meat or poultry imports, with a CAGR of +19.3% from 2012 to 2022. At the same time, Canada (+7.9%) displayed positive paces of growth. While the share of the United States (+6.3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-6.3 p.p.) displayed negative dynamics.
In value terms, the United States ($X) constitutes the largest market for imported industrial machinery for the preparation of meat or poultry 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.
In the United States, meat-preparation industrial machinery imports increased at an average annual rate of +10.5% over the period from 2012-2022.
Import Prices by Country
The import price in Northern America stood at $X per unit in 2022, declining by -26.8% against the previous year. Overall, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2013 an increase of 24% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-6.7%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the meat-preparation industrial machinery 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 28931750 - Industrial machinery for the preparation of meat or poultry
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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