U.S.: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in the U.S.

The U.S. balloon and dirigible market surged to $X in 2022, rising by X% against the previous year. In general, consumption showed a significant expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Balloon And Dirigible Production in the U.S.

In value terms, balloon and dirigible production stood at $X in 2022. Overall, production showed a slight expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Balloon And Dirigible Exports

Exports from the U.S.

After two years of decline, shipments abroad of balloons, dirigibles and other non-powered aircraft increased by X% to X units in 2022. Over the period under review, exports showed pronounced growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, balloon and dirigible exports soared to $X in 2022. Overall, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil (X units), Mexico (X units) and Taiwan (Chinese) (X units) were the main destinations of balloon and dirigible exports from the United States, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for balloon and dirigible exported from the United States were Mexico ($X), Taiwan (Chinese) ($X) and Brazil ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average balloon and dirigible export price stood at $X per unit in 2022, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Balloon And Dirigible Imports

Imports into the U.S.

In 2022, imports of balloons, dirigibles and other non-powered aircraft into the United States soared to X units, with an increase of X% on the year before. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, balloon and dirigible imports surged to $X in 2022. Over the period under review, total imports indicated mild 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Hungary (X units) constituted the largest supplier of balloon and dirigible to the United States, with a X% share of total imports. Moreover, balloon and dirigible imports from Hungary exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. The third position in this ranking was held by China (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).

In value terms, Japan ($X), China ($X) and India ($X) constituted the largest balloon and dirigible suppliers to the United States, together comprising X% of total imports.

India, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average balloon and dirigible import price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price saw a precipitous decrease. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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