Northern America: Thread Rolling Machine Market 2024

Thread Rolling Machine Market Size in Northern America

The North American thread rolling machine market fell modestly to $X in 2022, which is down by -3.4% against the previous year. The total consumption indicated a strong 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 decreased by -8.0% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Thread Rolling Machine Production in Northern America

In value terms, thread rolling machine production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 13%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Thread Rolling Machine Exports

Exports in Northern America

In 2022, shipments abroad of thread rolling machines for working metal, sintered metal carbides or cermets increased by 12% to X units, rising for the second year in a row after five years of decline. In general, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 55% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, thread rolling machine exports surged to $X in 2022. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by 117% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of thread rolling machines for working metal, sintered metal carbides or cermets, namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the thread rolling machines for working metal, sintered metal carbides or cermets exports, with a CAGR of -11.8% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest thread rolling machine supplier in Northern America.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to -8.2%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, with an increase of 36% against the previous year. In general, the export price posted measured growth. The most prominent rate of growth was recorded in 2016 when the export price increased by 202%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.1% per year.

Thread Rolling Machine Imports

Imports in Northern America

In 2022, supplies from abroad of thread rolling machines for working metal, sintered metal carbides or cermets decreased by -42% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 116% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, thread rolling machine imports reduced to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 55%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X units) represented the key importer of thread rolling machines for working metal, sintered metal carbides or cermets, achieving 82% of total imports. It was distantly followed by Canada (X units), achieving a 17% share of total imports.

The United States was also the fastest-growing in terms of the thread rolling machines for working metal, sintered metal carbides or cermets imports, with a CAGR of +3.0% from 2012 to 2022. At the same time, Canada (+2.7%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported thread rolling machines for working metal, sintered metal carbides or cermets in Northern America, comprising 85% of total imports. The second position in the ranking was held by Canada ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States was relatively modest.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, with an increase of 47% against the previous year. In general, the import price, however, recorded a pronounced slump. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while Canada 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 (-2.9%).

Source: IndexBox Platform

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