U.S. Electronic Connector Market. Analysis And Forecast to 2030
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View PricingUS Electronic Connector Export Revenue Surges to $245M in February 2023
U.S. Electronic Connector Exports
After two months of growth, overseas shipments of electronic connectors decreased by -13.8% to 70M units in February 2023. In general, exports continue to indicate a mild reduction. The growth pace was the most rapid in March 2022 with an increase of 16% m-o-m. As a result, the exports attained the peak of 93M units. From April 2022 to February 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, electronic connector exports expanded notably to $245M (IndexBox estimates) in February 2023. The total export value increased at an average monthly rate of +1.3% from February 2022 to February 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain months. The pace of growth was the most pronounced in March 2022 with an increase of 26% m-o-m. As a result, the exports reached the peak of $264M. From April 2022 to February 2023, the growth of the exports remained at a somewhat lower figure.
| COUNTRY | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Value Electronic Connector in U.S. (million USD) | |||||||||||||
| Mexico | 47.5 | 54.7 | 54.3 | 53.7 | 56.2 | 53.7 | 57.5 | 57.9 | 56.0 | 51.7 | 54.1 | 55.8 | 71.7 |
| Canada | 16.1 | 22.6 | 18.3 | 18.3 | 18.6 | 17.3 | 18.4 | 18.2 | 19.2 | 16.9 | 15.8 | 17.0 | 15.3 |
| China | 17.1 | 25.6 | 19.6 | 18.8 | 18.9 | 17.8 | 17.3 | 17.0 | 15.8 | 16.2 | 18.7 | 12.5 | 13.4 |
| United Kingdom | 5.9 | 8.6 | 9.0 | 6.8 | 7.8 | 7.7 | 8.2 | 8.6 | 8.1 | 9.4 | 8.5 | 9.4 | 12.9 |
| Malaysia | 15.2 | 18.6 | 18.7 | 15.8 | 16.8 | 16.5 | 16.1 | 13.5 | 10.9 | 10.3 | 9.3 | 10.8 | 11.5 |
| Germany | 9.8 | 13.1 | 8.2 | 10.7 | 9.5 | 9.1 | 9.2 | 9.4 | 9.1 | 7.8 | 9.3 | 8.6 | 9.3 |
| Hong Kong | 9.0 | 13.3 | 10.7 | 11.9 | 16.9 | 11.0 | 10.0 | 10.1 | 8.7 | 12.0 | 8.3 | 14.3 | 8.8 |
| India | 6.9 | 7.5 | 5.0 | 5.4 | 6.4 | 5.4 | 7.0 | 6.6 | 5.8 | 4.7 | 6.2 | 6.9 | 7.7 |
| France | 6.8 | 10.0 | 7.6 | 7.6 | 7.3 | 6.7 | 6.6 | 7.2 | 7.5 | 6.4 | 6.7 | 8.9 | 6.9 |
| Japan | 10.2 | 8.5 | 7.3 | 6.8 | 6.4 | 6.6 | 7.0 | 6.2 | 9.1 | 10.8 | 7.5 | 7.0 | 6.6 |
| Taiwan (Chinese) | 5.2 | 8.5 | 6.0 | 7.3 | 8.7 | 6.9 | 6.8 | 7.3 | 6.5 | 6.4 | 6.3 | 5.3 | 5.5 |
| Costa Rica | 4.4 | 4.3 | 5.2 | 4.6 | 5.6 | 4.6 | 4.2 | 4.7 | 5.0 | 4.7 | 15.6 | 4.5 | 5.3 |
| Poland | 1.8 | 1.8 | 1.9 | 2.7 | 2.4 | 2.2 | 2.8 | 2.3 | 3.3 | 2.3 | 1.4 | 4.1 | 2.2 |
| Total | 210.0 | 264.0 | 232.0 | 228.0 | 243.0 | 227.0 | 231.0 | 237.0 | 232.0 | 215.0 | 231.0 | 226.0 | 245.0 |
Exports by Country
Mexico (25M units) was the main destination for electronic connector exports from the United States, with a 36% share of total exports. Moreover, electronic connector exports to Mexico exceeded the volume sent to the second major destination, France (5.4M units), fivefold. The third position in this ranking was taken by China (5M units), with a 7.2% share.
From February 2022 to February 2023, the average monthly rate of growth in terms of volume to Mexico was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: France (-1.2% per month) and China (-3.2% per month).
In value terms, Mexico ($72M) remains the key foreign market for electronic connector exports from the United States, comprising 29% of total exports. The second position in the ranking was held by Canada ($15M), with a 6.2% share of total exports. It was followed by China, with a 5.4% share.
From February 2022 to February 2023, the average monthly growth rate of value to Mexico amounted to +3.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Canada (-0.5% per month) and China (-2.0% per month).
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Export Prices by Country
In February 2023, the electronic connector price stood at $3.5 per unit (FOB, US), rising by 26% against the previous month. Over the period from February 2022 to February 2023, it increased at an average monthly rate of +2.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($8.9 per unit), while the average price for exports to France ($1.3 per unit) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the electronic connector 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 334417 - Electronic connector manufacturing
Companies mentioned:
- Tyco Electronics Corporation
- Pei/Genesis
- Methode Electronics
- Airborn Interconnect
- Mac Lean-Fogg Company
- Amphenol Corporation
- L-Com
- Hypertronics Corporation
- Dcg Systems
- Teledyne Odi
- CTS Corporation
- Positronic Industries
- Winchester Electronics Corp
- Sabritec
- Mill-Max Mfg. Corp.
- Powell Electronics
- Amphenol Optimize Manufacturing Co.
- Joslyn Sunbank Company
- Cinch Connectivity Solutions
- Zeikos
- I O Interconnect
- Amphenol TCS
- Felchar Manufacturing Corporation
- Woodhead Industries
- Radiall America
- Molex U S Inc
- Charged Up
- Iriso, U.S.A.
- Fci Usa
- Brantner Holding Company
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
