Northern America: Market for Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Numerically Controlled Drilling Machines For Working Metal in Northern America

In 2022, the North American numerically controlled drilling machine market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption enjoyed significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Numerically Controlled Drilling Machines For Working Metal in Northern America

In value terms, numerically controlled drilling machine production fell to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports in Northern America

In 2022, shipments abroad of numerically controlled drilling machines for working metal was finally on the rise to reach X units after two years of decline. Overall, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, numerically controlled drilling machine exports contracted to $X in 2022. Over the period under review, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The United States dominates exports structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Canada (X units), committing a X% share of total exports.

Exports from the United States decreased at an average annual rate of X% from 2012 to 2022. Canada experienced a relatively flat trend pattern. From 2012 to 2022, the share of Canada increased by X percentage points.

In value terms, the United States ($X) remains the largest numerically controlled drilling machine supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

In the United States, numerically controlled drilling machine exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2013 an increase of X%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports in Northern America

In 2022, overseas purchases of numerically controlled drilling machines for working metal were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, numerically controlled drilling machine imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible shrinkage. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Canada dominates imports structure, finishing at X units, which was near X% of total imports in 2022. The United States (X units) held a minor share of total imports.

Canada was also the fastest-growing in terms of the numerically controlled drilling machines for working metal imports, with a CAGR of X% from 2012 to 2022. The United States (X%) illustrated a downward trend over the same period. Canada (X p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported numerically controlled drilling machines for working metal in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at X%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price recorded a dramatic descent. The growth pace was the most rapid in 2019 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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