Northern America - Machines Having Individual Functions, for Mixing, Kneading, Crushing or Grinding - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Grinding Machine Market 2024
Grinding Machine Market Size in Northern America
The North American grinding machine market soared to $X in 2021, rising by 38% against the previous year. Overall, consumption enjoyed a strong expansion. The level of consumption peaked in 2021 and is likely to see gradual growth in the near future.
Grinding Machine Production in Northern America
In value terms, grinding machine production declined dramatically to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2014 when the production volume increased by 495%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.
Grinding Machine Exports
Exports in Northern America
In 2021, grinding machine exports in Northern America expanded notably to X units, with an increase of 9.5% compared with 2020. Over the period under review, exports recorded a tangible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 114% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
In value terms, grinding machine exports stood at $X in 2021. In general, exports, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2019 with an increase of 6.9% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
Exports by Country
The United States was the largest exporter of machines having individual functions, for mixing, kneading, crushing or grinding in Northern America, with the volume of exports resulting at X units, which was near 61% of total exports in 2021. It was distantly followed by Canada (X units), constituting a 39% share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the United States (with a CAGR of +12.7%).
In value terms, the United States ($X) remains the largest grinding machine supplier in Northern America, comprising 70% of total exports. The second position in the ranking was held by Canada ($X), with a 30% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled -1.9%.
Export Prices by Country
The export price in Northern America stood at $X per unit in 2021, waning by -7.7% against the previous year. In general, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2015 when the export price increased by 93% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the export prices remained at a lower figure.
Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.1%).
Grinding Machine Imports
Imports in Northern America
In 2021, supplies from abroad of machines having individual functions, for mixing, kneading, crushing or grinding increased by 42% to X units, rising for the fourth year in a row after two years of decline. Overall, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, grinding machine imports skyrocketed to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
The purchases of the two major importers of machines having individual functions, for mixing, kneading, crushing or grinding, namely the United States and Canada, represented more than two-thirds of total import.
From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +30.1%).
In value terms, the United States ($X) constitutes the largest market for imported machines having individual functions, for mixing, kneading, crushing or grinding in Northern America, comprising 85% of total imports. The second position in the ranking was taken by Canada ($X), with a 14% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +5.7%.
Import Prices by Country
The import price in Northern America stood at $X per unit in 2021, dropping by -13.7% against the previous year. In general, the import price recorded a pronounced decrease. The pace of growth was the most pronounced in 2017 when the import price increased by 28% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($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 (+1.5%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the grinding machine 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 28993915 - Machines and mechanical appliances, having individual functions, for mixing, kneading, crushing, grinding, screening, s ifting, homogenising, emulsifying or stirring (excluding robots)
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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