U.S. - Gear Cutting, Gear Grinding Or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGear Cutting Machine Price in the United States - 2023
Contents:
- Gear Cutting Machine Price in the United States (CIF) - 2022
- Gear Cutting Machine Price in the United States (FOB) - 2022
- Gear Cutting Machine Imports in the United States
- Gear Cutting Machine Exports in the United States
Gear Cutting Machine Price in the United States (CIF) - 2022
In 2022, the average gear cutting machine import price amounted to $78,752 per unit, declining by -50.1% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 338%. Over the period under review, average import prices hit record highs at $268,995 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($201,792 per unit), while the price for India ($2,151 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+216.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Gear Cutting Machine Price in the United States (FOB) - 2022
In 2022, the average gear cutting machine export price amounted to $32,001 per unit, growing by 2.4% against the previous year. Overall, the export price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 44% against the previous year. The export price peaked at $37,441 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($111,526 per unit), while the average price for exports to Mexico ($13,925 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 Italy (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.
Gear Cutting Machine Imports in the United States
In 2022, gear cutting machine imports into the United States surged to 720 units, rising by 84% against the previous year's figure. Over the period under review, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, gear cutting machine imports contracted to $57M in 2022. Overall, imports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 25% against the previous year. Imports peaked at $77M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Gear Cutting Machine in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 45.6 | 28.3 | 29.8 | 36.0 | -7.6% |
| Japan | 16.2 | 10.0 | 18.9 | 11.0 | -12.1% |
| Switzerland | 12.0 | 9.8 | 6.2 | 5.0 | -25.3% |
| South Korea | 1.8 | 0.4 | 5.8 | 3.0 | 18.6% |
| Canada | N/A | 0.1 | N/A | 0.6 | 144.9% |
| China | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Spain | 0.1 | N/A | N/A | 0.2 | 26.0% |
| India | N/A | N/A | 0.1 | 0.1 | 0.0% |
| United Kingdom | 0.6 | 0.5 | 0.1 | N/A | -59.2% |
| Others | 0.3 | 0.4 | 0.8 | 0.7 | 32.6% |
| Total | 76.7 | 49.7 | 61.9 | 56.7 | -9.6% |
Top Suppliers of Gear Cutting Machine to the United States in 2022:
- Germany (305.0 units)
- Canada (147.0 units)
- Japan (75.0 units)
- India (47.0 units)
- China (33.0 units)
- Switzerland (25.0 units)
- Spain (25.0 units)
- South Korea (24.0 units)
- United Kingdom (2.0 units)
Gear Cutting Machine Exports in the United States
For the third consecutive year, the United States recorded decline in overseas shipments of gear cutting, gear grinding or gear finishing machines, which decreased by -27.3% to 944 units in 2022. Over the period under review, exports showed a significant decline. The smallest decline of -2.6% was in 2021. The exports peaked at 2.1K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, gear cutting machine exports reduced notably to $30M in 2022. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 7.2%. Over the period under review, the exports hit record highs at $47M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Gear Cutting Machine in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.1 | 2.0 | 3.1 | 5.1 | 34.4% |
| Mexico | 1.8 | 7.4 | 8.3 | 4.9 | 39.6% |
| China | 6.9 | 4.4 | 4.3 | 4.8 | -11.4% |
| South Korea | 2.2 | 2.1 | 1.8 | 4.7 | 28.8% |
| Japan | 13.2 | 9.1 | 7.9 | 2.8 | -40.4% |
| Germany | 4.3 | 2.1 | 3.3 | 2.2 | -20.0% |
| India | 3.4 | 1.9 | 1.6 | 1.8 | -19.1% |
| Taiwan (Chinese) | 1.2 | 0.1 | N/A | 1.5 | 7.7% |
| Brazil | 0.1 | N/A | 0.3 | 1.3 | 135.1% |
| Canada | 6.8 | 2.2 | 3.5 | 0.7 | -53.1% |
| United Kingdom | 1.4 | N/A | N/A | N/A | 0% |
| South Africa | 0.8 | N/A | N/A | N/A | 0% |
| Others | 2.2 | 6.5 | 6.4 | 0.5 | -39.0% |
| Total | 46.6 | 37.8 | 40.5 | 30.2 | -13.5% |
Top Export Markets for Gear Cutting Machine from the United States in 2022:
- Mexico (351.0 units)
- China (184.0 units)
- Taiwan (Chinese) (107.0 units)
- South Korea (63.0 units)
- India (59.0 units)
- Italy (46.0 units)
- Brazil (37.0 units)
- Germany (23.0 units)
- Japan (18.0 units)
- Canada (5.0 units)
This report provides an in-depth analysis of the gear cutting machine 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 28412430 - Gear cutting, gear grinding or gear finishing machines, for working metals, metal carbides or cermets (excluding planing, s lotting and broaching machines)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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