Northern America: Market for Snow-Ploughs And Snow-Blowers 2024

Market Size for Snow-Ploughs And Snow-Blowers in Northern America

The North American snow ploughs and blowers market surged to $X in 2022, jumping by 32% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +53.7% against 2018 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Snow-Ploughs And Snow-Blowers in Northern America

In value terms, snow ploughs and blowers production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 58% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Snow-Ploughs And Snow-Blowers

Exports in Northern America

In 2022, the amount of snow-ploughs and snow-blowers exported in Northern America soared to X units, with an increase of 22% against the previous year's figure. Over the period under review, exports, however, showed a slight slump. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, snow ploughs and blowers exports soared to $X in 2022. Total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% 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 +93.8% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States was the main exporting country with an export of around X units, which finished at 87% of total exports. It was distantly followed by Canada (X units), comprising a 13% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to snow ploughs and blowers exports from the United States stood at -2.4%. At the same time, Canada (+9.6%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +9.6% from 2012-2022. Canada (+8.6 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -8.6% from 2012 to 2022, respectively.

In value terms, the United States ($X) remains the largest snow ploughs and blowers supplier in Northern America, comprising 69% of total exports. The second position in the ranking was taken by Canada ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +1.2%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, with an increase of 7.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2018 an increase of 15%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, 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 (+3.6%).

Imports of Snow-Ploughs And Snow-Blowers

Imports in Northern America

In 2022, snow ploughs and blowers imports in Northern America surged to X units, jumping by 19% compared with the previous year's figure. In general, imports recorded a resilient increase. The growth pace was the most rapid in 2014 when imports increased by 88% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, snow ploughs and blowers imports soared to $X in 2022. Over the period under review, imports showed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 59% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

The United States represented the largest importer of snow-ploughs and snow-blowers in Northern America, with the volume of imports amounting to X units, which was approx. 70% of total imports in 2022. It was distantly followed by Canada (X units), committing a 30% share of total imports.

The United States was also the fastest-growing in terms of the snow-ploughs and snow-blowers imports, with a CAGR of +13.7% from 2012 to 2022. At the same time, Canada (+8.3%) displayed positive paces of growth. The United States (+11 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -11.2% from 2012 to 2022, respectively.

In value terms, the largest snow ploughs and blowers importing markets in Northern America were the United States ($X) and Canada ($X).

Among the main importing countries, the United States, with a CAGR of +15.4%, 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 unit in 2022, picking up by 19% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat 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 stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.5%).

Source: IndexBox Platform

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