The U.S. dominates in global imports of light truck and utility vehicle, accounting for a 32% share (based on USD). It was distantly followed by Canada (8%), the United Arab Emirates (4%) and Saudi Arabia (4%). In 2015, U.S. light truck and utility vehicle imports totaled 15,895 million USD, which was 1,002 million USD (+7%) more than the year before.
From 2007 to 2015, U.S. light truck and utility vehicle imports showed mixed dynamics. An enormous drop in 2008 continued in 2009 and was followed by gradual recovery growth over the next six years. Only in 2014, U.S. light truck and utility vehicle importers overcame the pre-recession import level achieved in 2007.
The U.S. remains one of the most attractive destinations for overseas suppliers. Mexico was the main supplier of light truck and utility vehicle into the U.S., with a 95% share of total U.S. imports in 2015. Mexico also was the fastest growing supplier (+9.8% per year) from 2007 to 2015. Mexico significantly strengthened its position in the U.S. import structure, from 49% in 2007 to 95% in 2015. By contrast, Canada saw its share plummeted from 51% to 1%.
From 2007 to 2015, the U.S. was a net importer of light truck and utility vehicle. Moreover, imports grew faster than exports on average over the period under review.
The U.S. trade deficit in this sector worsened over the period under review, growing from 6,215 million USD in 2007 to 7,119 million USD in 2015. However, in the period from 2008-2011, the trade deficit was small, even a slight surplus was tracked in 2009. After a period of fluctuations, the negative trend accelerated sharply in 2011-2015.
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“U.S. Light Truck And Utility Vehicle Market. Analysis And Forecast to 2020” provides an in-depth analysis of the U.S. light truck and utility vehicle market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
Countries coverage: the U.S.
- Market size;
- Domestic production, value of shipments;
- Key market players and their profiles;
- Exports, imports and trade balance;
- Import and export prices;
- Forecast of the market dynamics in the medium term;
- Key industry statistics;
- Life cycle of the industry;
- Number of establishments and their locations;
- Employment data;
- Industry productivity.
Product coverage: Light trucks and utility vehicles
Companies mentioned: Braun Industries, Wheeled Coach Industries, Halcore Group, P. L. Custom Body and Equipment Co., Matthews Specialty Vehicles, Excellance, Braun Northwest, Medix Specialty Vehicles, Allied Specialty Vehicles, Frazer, La Boit Specialty Vehicles, Precision Fire Apparatus, Enoven Industries, Emergency Vehicle Supply Company, Bridgers Coaches, Royal Coach Builders, First Priority Emergency Vehicles, Medtec Ambulance Corporation, Phoenix Fire Systems, BNS Holding, First Response, Eastgate Travel Plaza, National Emergency Vehicles, Miller Coach Company, League County Board of Commissioners
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TABLE OF CONTENTS
1.1 REPORT DESCRIPTION
1.2 REPORT STRUCTURE
1.3 RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
2.1 KEY FINDINGS
2.2 MARKET TRENDS
3. MARKET OVERVIEW
3.1 MARKET VALUE
3.2 TRADE BALANCE
3.3 MARKET OPPORTUNITIES
3.4 MARKET FORECAST TO 2020
4. DOMESTIC PRODUCTION
4.1 PRODUCTION IN 2008-2015
4.2 PRODUCTION BY STATE
4.3 PRODUCER PRICES
5.1 IMPORTS IN 2007-2015
5.2 IMPORTS BY TYPE
5.3 IMPORTS BY COUNTRY
5.4 IMPORT PRICES BY COUNTRY
6.1 EXPORTS IN 2007-2015
6.2 EXPORTS BY TYPE
6.3 EXPORTS BY COUNTRY
6.4 EXPORT PRICES BY COUNTRY
7. COMPETITIVE LANDSCAPE
7.1 INDUSTRY SNAPSHOTS
7.2 INDUSTRY LIFE CYCLE
7.3 BUSINESS LOCATIONS
7.5 ANNUAL PAYROLL
7.6 INDUSTRY PRODUCTIVITY
7.7 ESTABLISHMENT SIZE AND LEGAL FORM
8. COMPANY PROFILES