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Report Northern America - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Northern America - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Fats Preparation Machinery Market 2024

Fats Preparation Machinery Exports

Exports in Northern America

In 2022, approx. X units of machinery for the extraction or preparation of animal or fixed vegetable fats or oils were exported in Northern America; shrinking by -2.7% against the year before. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by 85% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, fats preparation machinery exports expanded to $X in 2022. Overall, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 95% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States dominates exports structure, resulting at X units, which was near 92% of total exports in 2022. It was distantly followed by Canada (X units), committing a 7.6% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to fats preparation machinery exports from the United States stood at -6.0%. At the same time, Canada (+24.9%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +24.9% from 2012-2022. While the share of Canada (+7.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-7.1 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest fats preparation machinery supplier in Northern America, comprising 94% of total exports. The second position in the ranking was taken by Canada ($X), with a 6% share of total exports.

In the United States, fats preparation machinery exports declined by an average annual rate of -5.9% 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 5.3% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by 13% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.1%).

Fats Preparation Machinery Imports

Imports in Northern America

In 2022, purchases abroad of machinery for the extraction or preparation of animal or fixed vegetable fats or oils increased by 28% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, saw a slight decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 381%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, fats preparation machinery imports skyrocketed to $X in 2022. Overall, imports posted resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 90% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

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

From 2012 to 2022, average annual rates of growth with regard to fats preparation machinery imports into the United States stood at -1.7%. At the same time, Canada (+9.1%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +9.1% from 2012-2022. Canada (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -1.6% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported machinery for the extraction or preparation of animal or fixed vegetable fats or oils in Northern America, comprising 70% of total imports. The second position in the ranking was held by Canada ($X), with a 30% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +4.7%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, growing by 41% against the previous year. Overall, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 137%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the 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 the United States (+6.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The United States remains the largest fats preparation machinery consuming country in Northern America, comprising approx. 88% of total volume. Moreover, fats preparation machinery consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, eightfold.
The United States constituted the country with the largest volume of fats preparation machinery production, comprising approx. 87% of total volume. Moreover, fats preparation machinery production in the United States exceeded the figures recorded by the second-largest producer, Canada, sevenfold.
In value terms, the United States remains the largest fats preparation machinery supplier in Northern America, comprising 85% of total exports. The second position in the ranking was occupied by Canada, with a 15% share of total exports.
In value terms, the United States constitutes the largest market for imported machinery for the extraction or preparation of animal or fixed vegetable fats or oils in Northern America, comprising 74% of total imports. The second position in the ranking was occupied by Canada, with a 26% share of total imports.
The export price in Northern America stood at $10,219 per unit in 2021, shrinking by -46.5% against the previous year.
In 2021, the import price in Northern America amounted to $325 per unit, shrinking by -52.5% against the previous year.

This report provides an in-depth analysis of the fats preparation 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 28931780 - Machinery for the extraction or preparation of animal or fixed vegetable fats or oils

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 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. 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. 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. 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

  12. 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

  13. 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

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