U.S.: Scrapers Excavator Market 2024

Scrapers Excavator Market Size in the U.S.

The U.S. scrapers excavator market dropped modestly to $X in 2022, waning by -2.1% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Scrapers Excavator Production in the U.S.

In value terms, scrapers excavator production reduced to $X in 2022. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 29%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Scrapers Excavator Exports

Exports from the U.S.

In 2022, approx. X units of scrapers earth moving, excavating, extracting machinery (not self-propelled) were exported from the United States; waning by -3% against 2021 figures. Overall, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2013 when exports increased by 55%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, scrapers excavator exports expanded notably to $X in 2022. In general, exports saw a pronounced contraction. The pace of growth appeared the most rapid in 2013 with an increase of 55% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for scrapers excavator exports from the United States, accounting for a 57% share of total exports. Moreover, scrapers excavator exports to Canada exceeded the volume sent to the second major destination, Australia (X units), sevenfold. Guyana (X units) ranked third in terms of total exports with a 3% share.

From 2012 to 2022, the average annual growth rate of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+3.8% per year) and Guyana (+16.9% per year).

In value terms, Canada ($X) remains the key foreign market for scrapers earth moving, excavating, extracting machinery (not self-propelled) exports from the United States, comprising 57% of total exports. The second position in the ranking was taken by Australia ($X), with an 8.3% share of total exports. It was followed by Guyana, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value to Canada totaled +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+5.5% per year) and Guyana (+18.5% per year).

Export Prices by Country

The average scrapers excavator export price stood at $X per unit in 2022, growing by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2016 an increase of 26% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Kazakhstan ($X per unit) and the Netherlands ($X per unit), while the average price for exports to Guyana ($X per unit) and Peru ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Scrapers Excavator Imports

Imports into the U.S.

In 2022, scrapers excavator imports into the United States dropped to X units, shrinking by -14.4% compared with the previous year's figure. Over the period under review, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 149%. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, scrapers excavator imports skyrocketed to $X in 2022. In general, imports, however, posted moderate growth. The pace of growth appeared the most rapid in 2017 when imports increased by 135% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Canada (X units), South Korea (X units) and Italy (X units) were the main suppliers of scrapers excavator imports to the United States, with a combined 78% share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +58.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), South Korea ($X) and Italy ($X) were the largest scrapers excavator suppliers to the United States, together accounting for 78% of total imports.

Among the main suppliers, South Korea, with a CAGR of +71.4%, recorded the highest growth rate of 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

The average scrapers excavator import price stood at $X per unit in 2022, jumping by 58% against the previous year. In general, the import price saw strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($X per unit) and Mexico ($X per unit), while the price for Canada ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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