U.S.: Lawn Mower Market 2024

Lawn Mower Market Size in the U.S.

In 2022, the U.S. lawn mower market increased by 11% to $X, rising for the second consecutive year after three years of decline. Overall, consumption showed a pronounced contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Lawn Mower Production in the U.S.

In value terms, lawn mower production shrank to $X in 2022. Over the period under review, production saw a deep setback. The pace of growth was the most pronounced in 2021 when the production volume increased by 28%. Lawn mower production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Lawn Mower Exports

Exports from the U.S.

In 2022, shipments abroad of mowers for lawns, parks, golf courses or sports grounds increased by 18% to X units, rising for the second consecutive year after three years of decline. Overall, exports, however, saw a deep slump. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, lawn mower exports surged to $X in 2022. The total export value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Canada (X units), Australia (X units) and France (X units) were the main destinations of lawn mower exports from the United States, with a combined 63% share of total exports. Belgium, the Netherlands, Mexico, the UK, New Zealand, Germany, Italy and Sweden lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +3.1%), while shipments for the other leaders experienced a decline.

In value terms, Canada ($X), Australia ($X) and the Netherlands ($X) were the largest markets for lawn mower exported from the United States worldwide, together comprising 60% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +13.1%, saw 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 lawn mower export price stood at $X per unit in 2022, growing by 9% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 77%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Mexico ($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 (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn Mower Imports

Imports into the U.S.

Lawn mower imports into the United States rose to X units in 2022, picking up by 4.1% on 2021 figures. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 71%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, lawn mower imports soared to $X in 2022. Over the period under review, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of lawn mower to the United States, with a 54% share of total imports. Moreover, lawn mower imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), twofold. The third position in this ranking was held by Mexico (X units), with a 20% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +32.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+553.0% per year) and Mexico (+6.9% per year).

In value terms, China ($X) constituted the largest supplier of mowers for lawns, parks, golf courses or sports grounds to the United States, comprising 55% of total imports. The second position in the ranking was held by Mexico ($X), with a 20% share of total imports. It was followed by Vietnam, with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +28.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+4.4% per year) and Vietnam (+481.4% per year).

Import Prices by Country

The average lawn mower import price stood at $X per unit in 2022, picking up by 32% against the previous year. In general, the import price, however, recorded a noticeable descent. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform