U.S.: Noncurrent-Carrying Wiring Device Market 2025

Noncurrent-Carrying Wiring Device Market Size in the U.S.

After two years of decline, the U.S. noncurrent-carrying wiring device market increased by 5.2% to $X in 2021. The market value increased at an average annual rate of +1.4% over the period from 2013 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Noncurrent-Carrying Wiring Device Production in the U.S.

In value terms, noncurrent-carrying wiring device production amounted to $X in 2021. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 18% against the previous year. Noncurrent-carrying wiring device production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Noncurrent-Carrying Wiring Device Exports

Exports from the U.S.

In 2021, overseas shipments of noncurrent-carrying wiring devices were finally on the rise to reach X units after four years of decline. Over the period under review, exports, however, showed a abrupt descent. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, noncurrent-carrying wiring device exports stood at $X in 2021. In general, exports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2014 with an increase of 6.7% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Mexico (X units) was the main destination for noncurrent-carrying wiring device exports from the United States, with a 87% share of total exports. Moreover, noncurrent-carrying wiring device exports to Mexico exceeded the volume sent to the second major destination, China (X units), more than tenfold.

From 2013 to 2021, the average annual rate of growth in terms of volume to Mexico amounted to -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-3.8% per year) and Canada (-16.0% per year).

In value terms, the largest markets for noncurrent-carrying wiring device exported from the United States were Mexico ($X), Canada ($X) and China ($X), together comprising 55% of total exports.

In terms of the main countries of destination, Canada, with a CAGR of +1.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average noncurrent-carrying wiring device export price stood at $X per unit in 2021, with a decrease of -12% against the previous year. In general, export price indicated buoyant growth from 2013 to 2021: its price increased at an average annual rate of +5.8% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, noncurrent-carrying wiring device export price increased by +75.5% against 2016 indices. The pace of growth was the most pronounced in 2020 an increase of 43% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+20.3%), while the prices for the other major destinations experienced mixed trend patterns.

Noncurrent-Carrying Wiring Device Imports

Imports into the U.S.

In 2021, purchases abroad of noncurrent-carrying wiring devices increased by 67% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, noncurrent-carrying wiring device imports skyrocketed to $X in 2021. In general, total imports indicated a moderate expansion from 2013 to 2021: its value increased at an average annual rate of +4.7% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +53.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Mexico (X units) were the main suppliers of noncurrent-carrying wiring device imports to the United States, together accounting for 90% of total imports.

From 2013 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +35.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Mexico ($X) constituted the largest supplier of noncurrent-carrying wiring devices to the United States, comprising 44% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports. It was followed by Canada, with a 9.7% share.

From 2013 to 2021, the average annual rate of growth in terms of value from Mexico totaled +18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.7% per year) and Canada (+8.4% per year).

Import Prices by Country

In 2021, the average noncurrent-carrying wiring device import price amounted to $X per unit, dropping by -8.2% against the previous year. In general, the import price showed a pronounced curtailment. The pace of growth appeared the most rapid in 2016 when the average import price increased by 18%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Taiwan (Chinese) (less than $X per unit) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by India (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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