U.S.: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in the U.S.

The U.S. market for non-domestic percolators and equipment for cooking or heating food rose rapidly to $X in 2022, surging by 10% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +56.0% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the near future.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from the U.S.

In 2022, the amount of non-domestic percolators and equipment for cooking or heating food exported from the United States soared to X units, picking up by 51% compared with the year before. In general, total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.1% 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 +112.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food soared to $X in 2022. The total export value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 41%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Saudi Arabia (X units) was the main destination for exports of non-domestic percolators and equipment for cooking or heating food from the United States, accounting for a 30% share of total exports. Moreover, exports of non-domestic percolators and equipment for cooking or heating food to Saudi Arabia exceeded the volume sent to the second major destination, the UK (X units), twofold. The third position in this ranking was taken by Canada (X units), with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia totaled +36.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+10.1% per year) and Canada (-1.1% per year).

In value terms, the largest markets for non-domestic percolators and equipment for cooking or heating food exported from the United States were Canada ($X), the UK ($X) and Germany ($X), with a combined 37% share of total exports. Mexico, Australia, Saudi Arabia, China, India, the Philippines, Guatemala, Thailand, Sweden and El Salvador lagged somewhat behind, together comprising a further 28%.

Saudi Arabia, with a CAGR of +10.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, shrinking by -13.5% against the previous year. Overall, the export price showed a mild shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Sweden ($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 Philippines (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into the U.S.

In 2022, approx. X units of non-domestic percolators and equipment for cooking or heating food were imported into the United States; rising by 16% on the previous year. The total import volume increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 39% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food soared to $X in 2022. Overall, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest non-domestic percolators and equipment for cooking or heating food supplier to the United States, with a 66% share of total imports. Moreover, imports of non-domestic percolators and equipment for cooking or heating food from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was held by Canada (X units), with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.1% per year) and Canada (-6.7% per year).

In value terms, China ($X), Canada ($X) and Germany ($X) appeared to be the largest non-domestic percolators and equipment for cooking or heating food suppliers to the United States, together accounting for 55% of total imports.

Among the main suppliers, Germany, with a CAGR of +11.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, with an increase of 4.1% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for non-domestic percolators and equipment for cooking or heating food increased by +92.6% against 2014 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 31% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Mexico ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform