IndexBox has just published a new report: ‘U.S. – Injection-Moulding Machines For Working Rubber Or Plastics – Market Analysis, Forecast, Size, Trends And Insights‘. Here is a summary of the report’s key findings.

The U.S. sharply boosted injection-moulding machine imports. From January to October 2021, American purchases amounted to $822M, a 43%-increase compared to the same period a year earlier. Over the 12 months of 2021, the total imports are estimated at $1B. Japan, Germany, Austria, China and Italy saw the most prominent growth of export value to the U.S.

From January through October 2021, the U.S. imported injection-moulding machines worth $822M, which was 43% more than in the same period a year earlier. Over the 12 months of 2021, the total imports are estimated to surpass a record $1B.

Japan, Germany, Austria, China and the Republic of Korea remain the leading providers injection-moulding machines to America. Except for the Netherlands, the U.K. and Hong Kong, almost all suppliers increased export values to the U.S. Compared to the same period of the previous year, purchases from Japan rose by 45% to $231M in January-October 2021. Imports from Germany grew by 21% to $164M. Austria and China expanded their supplies by 49% to $143M and 84% to $57M, respectively. Purchases from the Republic of Korea soared by 72% to $56M.

Italy and Switzerland recorded the highest spikes in exports. Supplies from Italy to the U.S. rose threefold, from $5M to $18M. Switzerland’s exports grew twofold, from $14M to $30M.

U.S. Injection-Moulding Machine Imports in 2020

Injection-moulding machine imports dropped to $717M (IndexBox estimates) in 2020. Japan ($192M), Germany ($167M) and Austria ($116M) were the largest suppliers, together comprising 66% of American purchases. Canada, South Korea, China and Thailand lagged somewhat behind, together comprising a further 27%. Among the main suppliers, South Korea (+79% y-o-y) saw the highest growth of the import value in 2020.

World’s Largest Injection-Moulding Machine Suppliers

In 2020, global injection-moulding machine exports were estimated at $5B. The largest supplying countries worldwide were China ($1.3B), Japan ($930M) and Germany ($775M), with a combined 59% share of global supplies. These countries were followed by Austria, Canada, South Korea, Italy, Hong Kong SAR, Thailand, India and Malaysia, which together accounted for a further 29%.

Source: IndexBox Platform