The U.S. market for pulley tackle and hoists powered by an electric motor shrank dramatically to $X in 2021, which is down by -X% against the previous year. Overall, consumption continues to indicate a noticeable slump. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.
In value terms, production of pulley tackle and hoists powered by an electric motor dropped sharply to $X in 2021. Over the period under review, production, however, showed resilient growth. Production of peaked at $X in 2020, and then dropped significantly in the following year.
In 2021, after two years of decline, overseas shipments of electric motor-driven pulley tackle and hoists increased significantly when their volume increased by X% to X units. Overall, however, exports continued to show marked cutbacks. The pace of growth was most pronounced in 2015, with an increase of X%. During the period under review, exports peaked at X units in 2018; however, exports failed to regain momentum from 2019 to 2021.
Exports of pulley tackle and hoists powered by electric motors to grow significantly to $X in 2021 in value terms. Overall, however, there was a modest decline in exports. The rate of growth was fastest in 2016, with exports up X% over the previous year. Exports peaked at $X in 2018; however, exports remain low from 2019 to 2021.
Canada (X Units) is the leading destination for US Electric Pulleys and Lifts exports, accounting for X% of total exports. In addition, exports of electric motor-driven tackle and lifts to Canada more than tripled to the second major destination, the Royaume-Uni (Taiwan X). Mexique (X vehicles) ranked third in total exports with a share of X%. From 2012 to 2021, sales in Canada will grow at an average annual rate of -X%. The average annual growth rate of exports to other major destinations is as follows: UK (+X% per annum) and Mexico (-X% per annum).
In value terms, Canada ($X) remains the main foreign market for US exports of motor driven pulley tackle and hoists, accounting for X% of total exports. In second place is Mexico ($X), accounting for X% of total exports. This is followed by the UK with an X% share.
From 2012 to 2021, Canada's value will grow at an average annual rate of -X%. The average annual growth rate of exports to the other main destinations is as follows: Mexico (-X% per annum) and the United Kingdom (+X%).
In 2021, approximately X units of Electric Motor Driven Pulley Tackles and Hoists will be imported into the États-Unis; a decrease of -X% compared to the previous year's figures. Overall, there was a sudden drop in imports. 2019 saw the fastest growth, with imports up X% over the previous year. During the period under review, imports hit an all-time high in 2013; however, from 2014 to 2021, imports were slightly lower.
In value terms, imports of electric motor driven pulley tackle and lifts declined slightly to $X in 2021. Imports continued to show a marked decline during the reporting period. The most prominent growth rate was in 2019, an increase of X% over the previous year. As a result, imports peak at $X. From 2020 to 2021, the growth of imports will remain at a low figure.
Japon (Unit X), China (Unit X), and Allemagne (Unit X) are the major suppliers of electric motor-driven pulley tackle and lifts to the United States, together accounting for X% of total imports. These countries are followed by Singapour, Canada, and Danemark, which account for another X-fold between 2012 and 2021, with Singapore seeing the most significant procurement growth (+X% CAGR) among key suppliers , while imports by other leaders experienced mixed trend patterns.
Japan ($X), Germany ($X), and China ($X) are the largest pulley spreaders and hoists powered by US electric motor suppliers by value, together accounting for X% of total imports. These countries are followed by Denmark, Singapore and Canada, which collectively account for X times and grow at a CAGR of +X%, with the highest growth in import value among key suppliers during the period under review, while other leaders’ purchases grow The speed is milder.
In value terms, Japan, Germany and China constituted the largest pulley tackle and hoists powered by an electric motor suppliers to the United States, together comprising 62% of total imports. These countries were followed by Denmark, Singapore and Canada, which together accounted for a further 10%.
In value terms, Canada remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from the United States, comprising 41% of total exports. The second position in the ranking was taken by Mexico, with a 7.6% share of total exports. It was followed by the UK, with a 6.9% share.
The average export price for pulley tackle and hoists powered by an electric motor stood at $4,126 per unit in 2021, reducing by -3.6% against the previous year.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $407 per unit, growing by 1.8% against the previous year.
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