Northern America: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports in Northern America

Exports of non-domestic percolators and equipment for cooking or heating food skyrocketed to X units in 2022, with an increase of 49% compared with 2021 figures. Total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +109.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food surged to $X in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 37% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

The United States prevails in food structure, recording X units, which was near 94% of total exports in 2022. It was distantly followed by Canada (X units), making up a 5.8% share of total exports.

The United States was also the fastest-growing in terms of the non-domestic percolators and equipment for cooking or heating food exports, with a CAGR of +5.1% from 2012 to 2022. At the same time, Canada (+2.8%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest non-domestic percolators and equipment for cooking or heating food supplier in Northern America, comprising 72% of total exports. The second position in the ranking was held by Canada ($X), with a 28% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +3.8%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, shrinking by -12.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 14%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 (+3.6%).

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports in Northern America

In 2022, imports of non-domestic percolators and equipment for cooking or heating food in Northern America soared to X units, rising by 17% on the year before. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 38%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food surged to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +8.2% 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 +71.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 41%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

The United States prevails in food structure, recording X units, which was near 91% of total imports in 2022. It was distantly followed by Canada (X units), achieving an 8.6% share of total imports.

Imports into the United States increased at an average annual rate of +2.5% from 2012 to 2022. At the same time, Canada (+4.8%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +4.8% 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 ($X) constitutes the largest market for imported non-domestic percolators and equipment for cooking or heating food in Northern America, comprising 87% of total imports. The second position in the ranking was taken by Canada ($X), with a 13% share of total imports.

In the United States, imports of non-domestic percolators and equipment for cooking or heating food expanded at an average annual rate of +9.3% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, rising by 3.7% against the previous year. Import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for non-domestic percolators and equipment for cooking or heating food increased by +75.7% against 2014 indices. The pace of growth appeared the most rapid in 2015 when the import price increased by 29%. The level of import peaked in 2022 and is expected to retain growth in the near future.

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 (+6.7%).

Source: IndexBox Platform