Report Update: May 1, 2024

U.S. - Horizontal Machining Centres For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Horizontal Machining Centre Price in the United States - 2023

Horizontal Machining Centre Price in the United States (CIF) - 2023

The average horizontal machining centre import price stood at $157K per unit in July 2023, reducing by -2.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in December 2022 an increase of 20% against the previous month. The import price peaked at $161K per unit in June 2023, and then shrank in the following month.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($299K per unit), while the price for Taiwan (Chinese) ($77,794 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Sweden (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Horizontal Machining Centre Price in the United States (FOB) - 2023

In July 2023, the average horizontal machining centre export price amounted to $62,910 per unit, picking up by 11% against the previous month. Overall, the export price, however, showed a slight slump. The most prominent rate of growth was recorded in May 2023 an increase of 17% against the previous month. As a result, the export price reached the peak level of $75,950 per unit; afterwards, it flattened through to July 2023.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Belgium ($94,215 per unit), while the average price for exports to India ($46,557 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Horizontal Machining Centre Imports in the United States

In 2022, approx. 6K units of horizontal machining centres for working metal were imported into the United States; stabilizing at the year before. Over the period under review, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. Over the period under review, imports reached the maximum at 7.8K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, horizontal machining centre imports skyrocketed to $1.4B in 2022. Overall, imports, however, recorded a slight curtailment. Over the period under review, imports hit record highs at $1.4B in 2019; afterwards, it flattened through to 2022.

Import of Horizontal Machining Centre in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	744	421	560	669	-3.5%
Germany	286	273	259	249	-4.5%
Taiwan (Chinese)	148	75.7	91.4	158	2.2%
South Korea	175	95.4	107	155	-4.0%
Italy	31.7	22.1	20.1	34.3	2.7%
United Kingdom	0.1	0.4	1.5	14.9	430.1%
India	0.4	1.8	2.7	9.7	189.4%
Others	60.0	60.2	108	108	21.6%
Total	1,445	950	1,150	1,398	-1.1%

Top Suppliers of Horizontal Machining Centre to the United States in 2022:

Japan (2468.0 units)
Taiwan (Chinese) (1282.0 units)
South Korea (726.0 units)
Germany (417.0 units)
Italy (343.0 units)
India (153.0 units)
United Kingdom (140.0 units)

Horizontal Machining Centre Exports in the United States

Horizontal machining centre exports from the United States stood at 8.2K units in 2022, growing by 8.9% compared with 2021 figures. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 51%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, horizontal machining centre exports expanded markedly to $576M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 52%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Horizontal Machining Centre in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	124	94.6	154	185	14.3%
Canada	101	70.5	82.7	111	3.2%
Belgium	83.1	57.9	102	81.7	-0.6%
India	34.5	22.1	42.3	52.5	15.0%
China	25.3	6.8	16.3	25.9	0.8%
United Kingdom	22.4	13.6	21.2	25.2	4.0%
Brazil	7.5	5.8	14.9	12.1	17.3%
Argentina	2.0	2.9	5.1	9.7	69.3%
Malaysia	3.5	4.9	6.0	9.2	38.0%
Others	71.5	69.8	85.3	64.3	-3.5%
Total	475	349	530	576	6.6%

Top Export Markets for Horizontal Machining Centre from the United States in 2022:

Mexico (2326.0 units)
Canada (1420.0 units)
India (1312.0 units)
Belgium (969.0 units)
United Kingdom (439.0 units)
China (332.0 units)
Brazil (163.0 units)
Argentina (151.0 units)
Malaysia (132.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the horizontal machining centre market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28411220 - Horizontal machining centres for working metal

Country coverage:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023