Price for Surveying Equipment; Theodolites and Tacheometers in the United States - 2023

Contents:

  1. Price for Surveying Equipment; Theodolites and Tacheometers in the United States (CIF) - 2023
  2. Price for Surveying Equipment; Theodolites and Tacheometers in the United States (FOB) - 2023
  3. Imports of Surveying Equipment; Theodolites and Tacheometers in the United States
  4. Exports of Surveying Equipment; Theodolites and Tacheometers in the United States

Price for Surveying Equipment; Theodolites and Tacheometers in the United States (CIF) - 2023

In August 2023, the average import price for surveying equipment; theodolites and tacheometerses amounted to $2,545 per unit, reducing by -27.7% against the previous month. Over the period under review, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in June 2023 an increase of 30% month-to-month. The import price peaked at $3,744 per unit in April 2023; afterwards, it flattened through to August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($8,904 per unit), while the price for China ($984 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Singapore (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Surveying Equipment; Theodolites and Tacheometers in the United States (FOB) - 2023

The average export price for surveying equipment; theodolites and tacheometerses stood at $3,593 per unit in August 2023, shrinking by -17.6% against the previous month. Over the period under review, the export price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in February 2023 an increase of 13% against the previous month. Over the period under review, the average export prices reached the peak figure at $4,906 per unit in March 2023; afterwards, it flattened through to August 2023.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Japan ($7,265 per unit), while the average price for exports to Brazil ($1,416 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 Australia (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Surveying Equipment; Theodolites and Tacheometers in the United States

In 2022, imports of surveying equipment; theodolites and tacheometerses into the United States totaled 33K units, increasing by 7.4% compared with the year before. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, surveying equipment; theodolites and tacheometers imports amounted to $113M in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Surveying Equipment; Theodolites and Tacheometers in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden34.728.646.135.60.9%
Switzerland14.015.218.227.825.7%
Japan26.224.425.923.9-3.0%
Singapore9.17.09.811.89.0%
Germany3.93.55.47.624.9%
China5.85.16.45.1-4.2%
Mexico1.51.00.30.1-59.5%
Others1.70.81.11.6-2.0%
Total96.885.51131135.3%

Top Suppliers of Surveying Equipment; Theodolites and Tacheometers to the United States in 2022:

  1. Japan (10.1K units)
  2. Sweden (7.0K units)
  3. Switzerland (6.5K units)
  4. China (4.3K units)
  5. Germany (2.7K units)
  6. Singapore (1.8K units)
  7. Mexico (0.2K units)

Exports of Surveying Equipment; Theodolites and Tacheometers in the United States

In 2022, overseas shipments of surveying equipment; theodolites and tacheometerses decreased by -25.3% to 11K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 9.5%. The exports peaked at 15K units in 2021, and then declined rapidly in the following year.

In value terms, surveying equipment; theodolites and tacheometers exports shrank sharply to $49M in 2022. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 5.8% against the previous year. As a result, the exports reached the peak of $66M, and then contracted notably in the following year.

Export of Surveying Equipment; Theodolites and Tacheometers in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada11.413.318.515.711.3%
China9.28.67.25.2-17.3%
Australia7.18.08.95.1-10.4%
Japan8.912.39.34.5-20.3%
Netherlands6.04.15.83.9-13.4%
Sweden2.33.13.72.75.5%
Brazil0.71.11.41.734.4%
Chile1.81.41.71.0-17.8%
New Zealand1.00.91.20.9-3.5%
Peru1.90.71.30.8-25.0%
Taiwan (Chinese)0.80.90.30.80.0%
Argentina0.60.40.50.810.1%
Saudi Arabia0.1N/AN/A0.681.7%
Others8.98.06.65.2-16.4%
Total60.662.766.448.9-6.9%

Top Export Markets for Surveying Equipment; Theodolites and Tacheometers from the United States in 2022:

  1. Canada (3174.0 units)
  2. Australia (1339.0 units)
  3. China (1051.0 units)
  4. Netherlands (951.0 units)
  5. Japan (871.0 units)
  6. Brazil (516.0 units)
  7. Sweden (438.0 units)
  8. Chile (290.0 units)
  9. Argentina (239.0 units)
  10. Taiwan (Chinese) (223.0 units)
  11. New Zealand (203.0 units)
  12. Saudi Arabia (174.0 units)
  13. Peru (174.0 units)

Source: IndexBox Market Intelligence Platform

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