U.S. - Built-In Jacking Systems Of A Type Used In Garages For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBuilt-in Jacking System Price in the United States - 2023
Contents:
- Built-in Jacking System Price in the United States (CIF) - 2022
- Built-in Jacking System Price in the United States (FOB) - 2023
- Built-in Jacking System Imports in the United States
- Built-in Jacking System Exports in the United States
Built-in Jacking System Price in the United States (CIF) - 2022
In 2022, the average built-in jacking system import price amounted to $121 per unit, falling by -25.8% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 16% against the previous year. Over the period under review, average import prices attained the maximum at $216 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($136 per unit), while the price for Turkey ($35 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.3%), while the prices for the other major suppliers experienced a decline.
Built-in Jacking System Price in the United States (FOB) - 2023
The average built-in jacking system export price stood at $2,467 per unit in August 2023, dropping by -16.8% against the previous month. In general, the export price continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 11% against the previous month. The export price peaked at $4,258 per unit in August 2022; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Bahrain ($5,406 per unit), while the average price for exports to Canada ($2,126 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-1.9%), while the prices for the other major destinations experienced a decline.
Built-in Jacking System Imports in the United States
In 2022, imports of built-in jacking systems of a type used in garages for raising vehicles into the United States skyrocketed to 556K units, with an increase of 42% against 2021 figures. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 47%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, built-in jacking system imports expanded sharply to $67M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Built-in Jacking System in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 48.6 | 51.1 | 47.9 | 49.4 | 0.5% |
Germany | 1.0 | 3.2 | 7.1 | 7.0 | 91.3% |
Canada | 1.3 | 3.4 | 1.7 | 1.4 | 2.5% |
Turkey | N/A | N/A | N/A | 0.3 | 0% |
Others | 3.9 | 6.5 | 6.8 | 8.9 | 31.7% |
Total | 54.8 | 64.2 | 63.5 | 67.0 | 6.9% |
Top Suppliers of Built-in Jacking System to the United States in 2022:
- China (446.7K units)
- Germany (51.3K units)
- Canada (34.1K units)
- Turkey (9.8K units)
Built-in Jacking System Exports in the United States
After two years of decline, shipments abroad of built-in jacking systems of a type used in garages for raising vehicles increased by 23% to 5.8K units in 2022. Overall, exports, however, recorded a noticeable reduction. Over the period under review, the exports hit record highs at 6.4K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, built-in jacking system exports soared to $20M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Built-in Jacking System in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 11.2 | 9.1 | 10.5 | 15.4 | 11.2% |
Mexico | 3.7 | 2.3 | 1.4 | 2.1 | -17.2% |
Bermuda | N/A | N/A | N/A | 0.6 | 0% |
United Kingdom | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
New Zealand | N/A | N/A | N/A | 0.3 | 0% |
Australia | 0.2 | 0.4 | 0.2 | 0.2 | 0.0% |
Others | 3.5 | 4.1 | 2.6 | 1.3 | -28.1% |
Total | 18.7 | 16.0 | 14.9 | 20.2 | 2.6% |
Top Export Markets for Built-in Jacking System from the United States in 2022:
- Canada (4219.0 units)
- Mexico (641.0 units)
- Bermuda (267.0 units)
- United Kingdom (135.0 units)
- New Zealand (110.0 units)
- Australia (63.0 units)
This report provides an in-depth analysis of the built-in jacking system 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 28221330 - Built-in jacking systems of a type used in garages for raising vehicles
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
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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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In value terms, hydraulic jack imports declined modestly to $33M in March 2023.
In value terms, jacks and hoists imports stood at $25M in March 2023.
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
In value terms, hydraulic jack imports declined modestly to $33M in March 2023.
In value terms, jacks and hoists imports stood at $25M in March 2023.
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.