Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United States - 2024

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United States (FOB) - 2024
  2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United States (CIF) - 2022
  3. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United States
  4. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United States

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United States (FOB) - 2024

The average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $2,883 per unit in February 2024, shrinking by -7.4% against the previous month. Overall, export price indicated a measured expansion from February 2023 to February 2024: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses increased by +36.2% against October 2023 indices. The most prominent rate of growth was recorded in January 2024 an increase of 35% against the previous month. As a result, the export price attained the peak level of $3,113 per unit, and then fell in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Jamaica ($4,537 per unit), while the average price for exports to Saint Vincent and the Grenadines ($2,705 per unit) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United States (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,226 per unit, declining by -29.4% against the previous year. In general, the import price, however, saw pronounced growth. The pace of growth appeared the most rapid in 2018 an increase of 104% against the previous year. The import price peaked at $1,830 per unit in 2020; however, from 2021 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 Canada ($4,733 per unit), while the price for South Korea ($328 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United States

In 2022, shipments abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses was finally on the rise to reach 12K units after two years of decline. Over the period under review, exports, however, showed a pronounced setback. The exports peaked at 13K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses surged to $26M in 2022. Overall, exports, however, recorded a abrupt slump. Over the period under review, the exports of hit record highs at $34M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.70.10.17.8123.4%
United Kingdom11.27.94.65.8-19.7%
Canada7.63.42.74.5-16.0%
Mexico2.11.60.92.10.0%
Greece0.30.1N/A1.258.7%
Italy0.10.1N/A0.681.7%
Australia0.70.11.00.5-10.6%
Brazil0.80.40.40.2-37.0%
Israel1.10.20.30.2-43.3%
Colombia1.40.50.10.1-58.5%
Belgium2.1N/AN/AN/A0%
Others5.92.82.33.1-19.3%
Total34.017.212.626.1-8.4%

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from the United States in 2022:

  1. Germany (4.2K units)
  2. United Kingdom (2.2K units)
  3. Canada (1.8K units)
  4. Mexico (0.8K units)
  5. Greece (0.6K units)
  6. Australia (0.3K units)
  7. Italy (0.3K units)
  8. Brazil (0.1K units)
  9. Israel (0.1K units)
  10. Colombia (0.1K units)

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United States

After two years of decline, supplies from abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses increased by 41% to 8.1K units in 2022. Overall, imports, however, recorded a deep downturn. Over the period under review, imports of hit record highs at 13K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses dropped slightly to $9.9M in 2022. Over the period under review, imports, however, recorded a precipitous slump. Imports peaked at $24M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.22.32.42.8-23.3%
Canada12.66.93.92.7-40.2%
Colombia0.30.51.11.363.0%
United Kingdom0.70.71.81.219.7%
China0.70.70.21.116.3%
South KoreaN/AN/AN/A0.30%
GermanyN/AN/A0.20.20.0%
India0.6N/AN/AN/A0%
Taiwan (Chinese)0.90.1N/AN/A-88.9%
Others2.10.20.40.2-54.3%
Total24.011.410.09.9-25.6%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to the United States in 2022:

  1. China (3086.0 units)
  2. Italy (1792.0 units)
  3. South Korea (907.0 units)
  4. Colombia (751.0 units)
  5. Canada (576.0 units)
  6. Germany (398.0 units)
  7. United Kingdom (392.0 units)
  8. India (91.0 units)
  9. Taiwan (Chinese) (29.0 units)

Source: IndexBox Market Intelligence Platform

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