U.S.: Monitors And Projectors Market 2024

Monitors And Projectors Market Size in the U.S.

The U.S. monitors and projectors market was estimated at less than $X in 2022, approximately equating the previous year. Overall, consumption, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2016 when the market value decreased by -0.5%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Monitors And Projectors Production in the U.S.

In value terms, monitors and projectors production expanded to $X in 2022. In general, production showed a significant increase. The growth pace was the most rapid in 2017 with an increase of 215% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Monitors And Projectors Exports

Exports from the U.S.

For the fourth year in a row, the United States recorded decline in shipments abroad of monitors and projectors, which decreased by -16.5% to X units in 2016. Over the period under review, exports continue to indicate a abrupt contraction. The smallest decline of -3.1% was in 2014. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2016, the exports stood at a somewhat lower figure.

In value terms, monitors and projectors exports declined rapidly to $X in 2016. In general, exports faced a drastic downturn. The smallest decline of -1.8% was in 2014. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

Exports by Country

Canada (X units), Mexico (X units) and Colombia (X units) were the main destinations of monitors and projectors exports from the United States, together accounting for 72% of total exports. Peru, Brazil, China, Argentina and Chile lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2016, the biggest increases were recorded for Argentina (with a CAGR of +57.2%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Canada ($X) remains the key foreign market for monitors and projectors exports from the United States, comprising 47% of total exports. The second position in the ranking was taken by Mexico ($X), with an 18% share of total exports. It was followed by Brazil, with a 2.7% share.

From 2012 to 2016, the average annual rate of growth in terms of value to Canada stood at -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-26.3% per year) and Brazil (-10.3% per year).

Export Prices by Country

The average monitors and projectors export price stood at $X per unit in 2016, remaining stable against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 1.5% against the previous year. As a result, the export price reached the peak level of $X per unit, leveling off in the following year.

There were significant differences in the average prices for the major foreign markets. In 2016, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Argentina ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.6%), while the prices for the other major destinations experienced a decline.

Monitors And Projectors Imports

Imports into the U.S.

In 2016, monitors and projectors imports into the United States shrank sharply to X units, which is down by -22.7% compared with the year before. Overall, imports continue to indicate a abrupt decrease. The smallest decline of -10.5% was in 2013. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2016, imports remained at a lower figure.

In value terms, monitors and projectors imports dropped notably to $X in 2016. Over the period under review, imports continue to indicate a abrupt shrinkage. The smallest decline of -3.4% was in 2013. Imports peaked at $X in 2012; however, from 2013 to 2016, imports remained at a lower figure.

Imports by Country

In 2016, China (X units) was the main supplier of monitors and projectors to the United States, accounting for a 93% share of total imports. Moreover, monitors and projectors imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), more than tenfold.

From 2012 to 2016, the average annual growth rate of volume from China totaled -15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-7.1% per year) and Taiwan (Chinese) (+2.9% per year).

In value terms, China ($X) constituted the largest supplier of monitors and projectors to the United States, comprising 80% of total imports. The second position in the ranking was taken by South Korea ($X), with a 9.6% share of total imports.

From 2012 to 2016, the average annual growth rate of value from China amounted to -14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+17.2% per year) and Taiwan (Chinese) (-1.8% per year).

Import Prices by Country

In 2016, the average monitors and projectors import price amounted to $X per unit, remaining constant against the previous year. Over the period from 2012 to 2016, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2013 an increase of 7.9%. Over the period under review, average import prices hit record highs at $X per unit in 2015, and then contracted in the following year.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by South Korea (+26.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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