Northern America: Market for Vacuum Cleaners Without Motor 2024

Market Size for Vacuum Cleaners Without Motor in Northern America

The North American vacuum cleaner without motor market reduced to $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2017 when the market value increased by 9.5%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Vacuum Cleaners Without Motor in Northern America

In value terms, vacuum cleaner without motor production reached $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 12% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Vacuum Cleaners Without Motor

Exports in Northern America

In 2022, overseas shipments of vacuum cleaners without motor increased by 31% to X units, rising for the second consecutive year after two years of decline. Overall, exports recorded a measured increase. The growth pace was the most rapid in 2016 when exports increased by 44%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, vacuum cleaner without motor exports skyrocketed to $X in 2022. Total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% 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 +48.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the United States (X units) was the key exporter of vacuum cleaners without motor, comprising 78% of total exports. It was distantly followed by Canada (X units), committing a 22% share of total exports.

The United States was also the fastest-growing in terms of the vacuum cleaners without motor exports, with a CAGR of +4.6% from 2012 to 2022. At the same time, Canada (+3.9%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest vacuum cleaner without motor supplier in Northern America, comprising 75% of total exports. The second position in the ranking was held by Canada ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States totaled +3.2%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, rising by 2.2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 28% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably 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 totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.7%).

Imports of Vacuum Cleaners Without Motor

Imports in Northern America

In 2022, the amount of vacuum cleaners without motor imported in Northern America declined to X units, dropping by -5.2% compared with the year before. In general, imports saw a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, vacuum cleaner without motor imports skyrocketed to $X in 2022. Overall, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 77% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The United States was the key importing country with an import of around X units, which finished at 68% of total imports. It was distantly followed by Canada (X units), generating a 32% share of total imports.

Imports into the United States decreased at an average annual rate of -4.8% from 2012 to 2022. At the same time, Canada (+19.8%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +19.8% from 2012-2022. Canada (+27 p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -27.2% from 2012 to 2022, respectively.

In value terms, Canada ($X) and the United States ($X) constituted the countries with the highest levels of imports in 2022.

Among the main importing countries, Canada, with a CAGR of +22.8%, 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, with an increase of 32% against the previous year. Import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vacuum cleaner without motor import price increased by +56.7% against 2018 indices. The pace of growth appeared the most rapid in 2015 when the import price increased by 41%. The level of import peaked in 2022 and is likely to see gradual 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 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 (+5.6%).

Source: IndexBox Platform

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