Northern America: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2025

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Northern America

In 2021, the North American non-numerically controlled drilling machine market increased by 1.3% to $X, rising for the sixth consecutive year after two years of decline. Overall, consumption recorded a resilient expansion. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Production of Non-Numerically Controlled Drilling Machines For Working Metal in Northern America

In value terms, non-numerically controlled drilling machine production fell markedly to $X in 2021 estimated in export price. Overall, production showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of 126% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports in Northern America

In 2021, exports of non-numerically controlled drilling machines for working metal in Northern America shrank rapidly to X tons, falling by -16.7% against the previous year's figure. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 31% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-numerically controlled drilling machine exports soared to $X in 2021. Over the period under review, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 32% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States represented the largest exporter of non-numerically controlled drilling machines for working metal in Northern America, with the volume of exports accounting for X tons, which was approx. 85% of total exports in 2021. It was distantly followed by Canada (X tons), creating a 15% share of total exports.

Exports from the United States decreased at an average annual rate of -18.9% from 2012 to 2021. Canada (-6.1%) illustrated a downward trend over the same period. While the share of Canada (+11 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-10.6 p.p.) displayed negative dynamics.

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

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to -11.3%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, with an increase of 55% against the previous year. Export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-numerically controlled drilling machine export price increased by +78.5% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.4%).

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports in Northern America

In 2021, supplies from abroad of non-numerically controlled drilling machines for working metal was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, recorded a perceptible decrease. The pace of growth appeared the most rapid in 2016 with an increase of 18%. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, non-numerically controlled drilling machine imports rose markedly to $X in 2021. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by 31% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Canada (X tons) and the United States (X tons) represented roughly 99.9% of total imports in 2021.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +9.2%).

In value terms, the United States ($X) and Canada ($X) were the countries with the highest levels of imports in 2021.

Among the main importing countries, Canada, with a CAGR of +3.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, almost unchanged from the previous year. Import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-numerically controlled drilling machine import price increased by +10.3% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the import price increased by 12% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2020, and then contracted modestly in the following year.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+12.0%).

Source: IndexBox Platform

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