U.S.: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in the U.S.

After two years of growth, the U.S. market for spray guns and similar appliances decreased by -18.6% to $X in 2022. In general, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Spray guns and similar appliances consumption peaked at $X in 2021, and then shrank dramatically in the following year.

Production of Spray Guns And Similar Appliances in the U.S.

In value terms, spray guns and similar appliances production shrank markedly to $X in 2022. Overall, production saw a deep slump. The growth pace was the most rapid in 2016 with an increase of 38% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Exports of Spray Guns And Similar Appliances

Exports from the U.S.

In 2022, approx. X units of spray guns and similar appliances were exported from the United States; picking up by 2.7% on the year before. Overall, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of 10% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, spray guns and similar appliances exports stood at $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China (X units), Australia (X units) and Belgium (X units) were the main destinations of spray guns and similar appliances exports from the United States, together comprising 42% of total exports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +6.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Canada ($X) and Mexico ($X) were the largest markets for spray guns and similar appliances exported from the United States worldwide, together comprising 55% of total exports.

Belgium, with a CAGR of +7.6%, saw the highest growth rate of the value of exports, among 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 spray guns and similar appliances amounted to $X per unit, growing by 6.1% against the previous year. In general, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 95% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Belgium ($X per unit), while the average price for exports to the UK ($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 Belgium (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into the U.S.

In 2022, supplies from abroad of spray guns and similar appliances increased by 6% to X units, rising for the sixth consecutive year after two years of decline. Over the period under review, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 99.9% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, spray guns and similar appliances imports declined notably to $X in 2022. Overall, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 39%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest spray guns and similar appliances supplier to the United States, with a 73% share of total imports. Moreover, spray guns and similar appliances imports from China exceeded the figures recorded by the second-largest supplier, Canada (X units), more than tenfold. The third position in this ranking was held by Mexico (X units), with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+21.9% per year) and Mexico (+10.5% per year).

In value terms, China ($X) constituted the largest supplier of spray guns and similar appliances to the United States, comprising 53% of total imports. The second position in the ranking was taken by Canada ($X), with a 7.8% share of total imports. It was followed by Mexico, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+13.3% per year) and Mexico (+6.4% per year).

Import Prices by Country

The average import price for spray guns and similar appliances stood at $X per unit in 2022, dropping by -29.9% against the previous year. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 6.3%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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