U.S.: Video Monitor Market 2024

Video Monitor Market Size in the U.S.

The U.S. video monitor market skyrocketed to $X in 2021, increasing by 26% against the previous year. The market value increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Video Monitor Production in the U.S.

In value terms, video monitor production declined to $X in 2021. In general, production, however, posted strong growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 41%. As a result, production attained the peak level of $X, and then declined in the following year.

Video Monitor Exports

Exports from the U.S.

In 2021, shipments abroad of video monitors decreased by -11.7% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a noticeable setback. The most prominent rate of growth was recorded in 2014 when exports increased by 26%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, video monitor exports reached $X in 2021. Overall, exports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 3% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for video monitor exports from the United States, accounting for a 43% share of total exports. Moreover, video monitor exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), threefold. Germany (X units) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada amounted to +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-13.5% per year) and Germany (+17.0% per year).

In value terms, Canada ($X) remains the key foreign market for video monitors exports from the United States, comprising 39% of total exports. The second position in the ranking was taken by Mexico ($X), with a 10% share of total exports. It was followed by Germany, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-15.0% per year) and Germany (+11.5% per year).

Export Prices by Country

In 2021, the average video monitor export price amounted to $X per unit, increasing by 14% against the previous year. Overall, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.

Video Monitor Imports

Imports into the U.S.

In 2021, the amount of video monitors imported into the United States surged to X units, picking up by 15% compared with the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, video monitor imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of video monitor to the United States, with a 82% share of total imports. Moreover, video monitor imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), tenfold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+5.7% per year) and Taiwan (Chinese) (+11.6% per year).

In value terms, China ($X) constituted the largest supplier of video monitors to the United States, comprising 72% of total imports. The second position in the ranking was taken by Mexico ($X), with a 9.2% share of total imports. It was followed by Vietnam, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+3.7% per year) and Vietnam (+161.5% per year).

Import Prices by Country

The average video monitor import price stood at $X per unit in 2021, rising by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Vietnam ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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