Northern America: Keyboards Market 2024

Keyboards Market Size in Northern America

In 2022, the North American keyboards market decreased by -6.4% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then declined in the following year.

Keyboards Production in Northern America

In value terms, keyboards production contracted remarkably to $X in 2022 estimated in export price. Overall, production, however, showed a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of 559% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Keyboards Exports

Exports in Northern America

In 2022, approx. X units of keyboards were exported in Northern America; declining by -2.8% compared with the previous year's figure. In general, exports recorded a noticeable downturn. The growth pace was the most rapid in 2019 when exports increased by 32%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, keyboards exports rose remarkably to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 9.6% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

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

Exports from the United States decreased at an average annual rate of -2.5% from 2012 to 2022. Canada (-1.2%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest keyboards supplier in Northern America, comprising 91% of total exports. The second position in the ranking was taken by Canada ($X), with a 9% share of total exports.

In the United States, keyboards 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, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2013 when the export price increased by 17%. Over the period under review, the export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a 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 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 (+5.1%).

Keyboards Imports

Imports in Northern America

In 2022, after two years of growth, there was significant decline in overseas purchases of keyboards, when their volume decreased by -12.5% to X units. The total import volume increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, imports attained the peak of X units, and then declined in the following year.

In value terms, keyboards imports fell slightly to $X in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of $X, and then shrank modestly in the following year.

Imports by Country

The United States prevails in imports structure, reaching X units, which was near 92% of total imports in 2022. It was distantly followed by Canada (X units), comprising an 8.2% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to keyboards imports into the United States stood at +1.2%. At the same time, Canada (+3.4%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +3.4% from 2012-2022. From 2012 to 2022, the share of the United States decreased by -1.5 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported keyboards in Northern America, comprising 88% of total imports. The second position in the ranking was held by Canada ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +3.1%.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, picking up by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.0%).

Source: IndexBox Platform

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