Northern America: Unit Construction Machine Market 2024

Unit Construction Machine Market Size in Northern America

The North American unit construction machine market reduced modestly to $X in 2022, waning by X% against the previous year. The total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Unit Construction Machine Production in Northern America

In value terms, unit construction machine production shrank modestly to $X in 2022 estimated in export price. The total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Unit Construction Machine Exports

Exports in Northern America

Unit construction machine exports dropped sharply to X units in 2022, waning by X% on 2021. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, unit construction machine exports fell to $X in 2022. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States represented the key exporter of unit construction machines for working metal in Northern America, with the volume of exports accounting for X units, which was near X% of total exports in 2022. It was distantly followed by Canada (X units), achieving a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to unit construction machine exports from the United States stood at X%. Canada (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Canada increased by X percentage points.

In value terms, the United States ($X) remains the largest unit construction machine supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with an X% share of total exports.

In the United States, unit construction machine exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, showed a slight slump. The pace of growth appeared the most rapid in 2015 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Unit Construction Machine Imports

Imports in Northern America

In 2022, purchases abroad of unit construction machines for working metal decreased by X% to X units, falling for the second consecutive year after two years of growth. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, unit construction machine imports fell markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped notably in the following year.

Imports by Country

The United States represented the key importer of unit construction machines for working metal in Northern America, with the volume of imports resulting at X units, which was near X% of total imports in 2022. It was distantly followed by Canada (X units), making up a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Canada (with a CAGR of X%).

In value terms, the United States ($X) constitutes the largest market for imported unit construction machines for working metal in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

In the United States, unit construction machine imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, reducing by X% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

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

Source: IndexBox Platform

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