U.S. Noncurrent-Carrying Wiring Device Market. Analysis And Forecast to 2030
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View PricingNoncurrent-Carrying Wiring Device Price in the United States - 2023
Contents:
- Noncurrent-Carrying Wiring Device Price in the United States (CIF) - 2022
- Noncurrent-Carrying Wiring Device Price in the United States (FOB) - 2022
- Noncurrent-Carrying Wiring Device Imports in the United States
- Noncurrent-Carrying Wiring Device Exports in the United States
Noncurrent-Carrying Wiring Device Price in the United States (CIF) - 2022
In 2022, the average noncurrent-carrying wiring device import price amounted to $0.7 per unit, with an increase of 22% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible setback. The import price peaked at $0.8 per unit in 2013; however, from 2014 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 Mexico ($6.9 per unit), while the price for Taiwan (Chinese) ($0.1 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Noncurrent-Carrying Wiring Device Price in the United States (FOB) - 2022
In 2022, the average noncurrent-carrying wiring device export price amounted to $2.1 per unit, rising by 51% against the previous year. Overall, the export price recorded a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($12 per unit), while the average price for exports to Mexico ($0.8 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Noncurrent-Carrying Wiring Device Imports in the United States
In 2022, after three years of growth, there was decline in overseas purchases of noncurrent-carrying wiring devices, when their volume decreased by -0.6% to 865M units. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, imports reached the peak of 870M units, leveling off in the following year.
In value terms, noncurrent-carrying wiring device imports soared to $613M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Noncurrent-Carrying Wiring Device in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 73.3 | 107 | 221 | 213 | 42.7% |
China | 89.8 | 75.2 | 97.4 | 143 | 16.8% |
Canada | 46.1 | 38.2 | 49.2 | 69.9 | 14.9% |
India | 21.7 | 16.9 | 28.8 | 39.7 | 22.3% |
Germany | 20.2 | 19.9 | 27.9 | 35.1 | 20.2% |
Taiwan (Chinese) | 6.2 | 9.3 | 14.0 | 34.4 | 77.0% |
Poland | 0.5 | 0.7 | 0.6 | 2.7 | 75.4% |
Others | 70.7 | 62.3 | 66.1 | 74.9 | 1.9% |
Total | 328 | 329 | 505 | 613 | 23.2% |
Top Suppliers of Noncurrent-Carrying Wiring Device to the United States in 2022:
- Taiwan (Chinese) (452.4M units)
- China (262.3M units)
- Germany (36.1M units)
- Mexico (30.8M units)
- Poland (17.5M units)
- India (17.0M units)
- Canada (11.2M units)
Noncurrent-Carrying Wiring Device Exports in the United States
In 2022, the amount of noncurrent-carrying wiring devices exported from the United States dropped remarkably to 198M units, which is down by -15.7% on the year before. Overall, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 21% against the previous year. Over the period under review, the exports attained the maximum at 317M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, noncurrent-carrying wiring device exports skyrocketed to $423M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Noncurrent-Carrying Wiring Device in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 111 | 93.5 | 96.7 | 132 | 5.9% |
Canada | 70.1 | 60.9 | 72.5 | 93.9 | 10.2% |
China | 19.1 | 11.0 | 13.8 | 13.7 | -10.5% |
Others | 156 | 146 | 149 | 184 | 5.7% |
Total | 356 | 311 | 332 | 423 | 5.9% |
Top Export Markets for Noncurrent-Carrying Wiring Device from the United States in 2022:
- Mexico (170.8M units)
- Canada (8.1M units)
- China (3.4M units)
This report provides an in-depth analysis of the noncurrent-carrying wiring device 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:
- NAICS 335932 - Noncurrent-carrying wiring device manufacturing
Companies mentioned:
- Preformed Line Products Company
- Wiremold Company
- The Gund Company
- Bridgeport Fittings Incorporated
- Obcorp
- Western Tube & Conduit Corp
- Electri-Flex Company (inc)
- Sherman & Reilly
- The Durham Co
- Weidmann Electrical Technology
- Monti
- Superior Technical Ceramics Corporation
- Dura-Line Corporation
- Eger Products
- Von Roll Usa
- Hubbell Incorporated
- Chase Corporation
- Dielectric Corporation
- Schoen Insulation Services
- Minerallac Company
- Mulberry Metal Products
- Robroy Industries
- Hubbell Wiegmann Inc.
- The Austin Company of Greensboro
- Anamet Electrical
- Appleton Grp
- Veja Electronics
- Bedford Materials Co.
- Superflex
- Killark Electric Manufacturing Co.
- Industrial Dielectrics Holdings
- Western Power Products
- Erico
- Apple JV Holding Corp
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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The U.S. takes third place in global noncurrent-carrying wiring device exports with a X% share (based on USD), following China (X%) and Japan (X%). In 2015, the U.S. exported X million USD, -X% under the previous year.
The price of Switchgear And Switchboard Apparatus in August 2023 was $6.5 per unit (CIF, US), which remained relatively unchanged from the previous month.
In value terms, switchgear and switchboard apparatus imports soared to $1.7B in March 2023.
In November 2022, the switchgear and switchboard apparatus price amounted to $5.5 per unit (CIF, US), picking up by 9.5% against the previous month.
In value terms, switchgear and switchboard apparatus production amounted to $10.4B in 2018. Exports from the U.S.
The U.S. takes an X% share (based on USD) of global switchgear and switchboard apparatus imports, which put it in second place, following China (X%). In 2015, U.S. switchgear and switchboard apparatus imports totaled X
During the review period, the number of imports in the storage battery industry reached its peak in November 2022, with 114M units. However, from December 2022 to November 2023, imports showed a slightly lower figure. In terms of value, storage battery imports significantly grew to $2.7B in November 2023.
Imports of Storage Batteries in June 2023 decreased to $2.2B in terms of value.
In March 2023, the price of Storage Battery fell by -9.9% to $20.8 CIF (Cost, Insurance and Freight) per unit compared to the previous month.
In 2020, the amount of storage batteries imported into the U.S. skyrocketed to 645M units, rising by 40% against the previous year. In value terms, storage battery imports skyrocketed from $8.0B to $9.3B.