Germany - Gear Boxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGermany's Gear Box Price Rises Slightly to $35.3 per Unit
Germany Gear Box Export Price in February 2023
In February 2023, the gear box price amounted to $35.3 per unit (FOB, Germany), growing by 2.6% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 5.3% month-to-month. Over the period under review, the average export prices attained the peak figure at $35.9 per unit in March 2022; however, from April 2022 to February 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($53.4 per unit), while the average price for exports to Slovakia ($15.4 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 the Netherlands (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Export Price of Gear Box in Germany (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | |
| China | 57.1 | 55.3 | 54.3 | 54.7 | 53.5 | 54.7 | 51.1 | 48.7 | 48.0 | 49.2 | 50.5 | 55.9 | 53.4 |
| United Kingdom | 41.5 | 39.2 | 38.5 | 40.4 | 37.5 | 35.8 | 37.1 | 36.8 | 35.6 | 37.1 | 40.8 | 40.2 | 40.8 |
| United States | 37.6 | 36.2 | 36.9 | 36.6 | 38.3 | 35.5 | 35.4 | 35.9 | 36.2 | 37.2 | 38.6 | 38.0 | 39.1 |
| Turkey | 32.1 | 32.4 | 33.0 | 32.3 | 32.2 | 33.1 | 32.4 | 30.8 | 30.5 | 32.1 | 36.2 | 37.0 | 35.0 |
| Netherlands | 30.0 | 31.0 | 31.7 | 31.0 | 32.3 | 31.8 | 30.5 | 29.6 | 29.8 | 33.1 | 31.4 | 35.4 | 32.8 |
| Spain | 31.6 | 33.0 | 33.5 | 30.7 | 31.8 | 28.8 | 29.9 | 28.7 | 28.9 | 30.4 | 35.1 | 32.3 | 31.3 |
| Czech Republic | 31.8 | 32.4 | 31.3 | 29.6 | 30.0 | 29.0 | 28.3 | 28.8 | 28.4 | 28.3 | 29.1 | 32.8 | 29.5 |
| Mexico | 28.9 | 29.8 | 30.9 | 29.6 | 30.2 | 31.0 | 32.0 | 31.3 | 32.0 | 33.0 | 33.1 | 29.1 | 28.9 |
| Poland | 26.2 | 27.3 | 25.9 | 25.9 | 26.5 | 25.6 | 24.6 | 23.3 | 23.3 | 23.8 | 26.1 | 26.5 | 25.7 |
| Hungary | 25.8 | 25.9 | 26.7 | 25.7 | 27.6 | 26.1 | 23.4 | 25.2 | 24.6 | 24.3 | 10.3 | 26.2 | 25.3 |
| Romania | 22.5 | 19.9 | 20.0 | 29.3 | 21.4 | 18.7 | 20.1 | 22.7 | 20.5 | 23.7 | 25.3 | 25.1 | 24.1 |
| France | 20.2 | 20.5 | 20.0 | 20.4 | 20.0 | 19.4 | 19.1 | 18.5 | 18.1 | 19.4 | 21.6 | 21.8 | 21.3 |
| Slovakia | 24.3 | 23.4 | 21.7 | 25.4 | 14.8 | 25.8 | 12.8 | 26.5 | 22.4 | 25.1 | 17.3 | 28.0 | 15.4 |
| Average | 35.3 | 35.9 | 35.2 | 34.9 | 34.5 | 34.0 | 34.0 | 32.3 | 32.6 | 33.6 | 35.4 | 34.4 | 35.3 |
Germany Gear Box Exports
In February 2023, approximately 36M units of gear boxes were exported from Germany; remaining relatively unchanged against the previous month's figure. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when exports increased by 34% month-to-month. The exports peaked at 45M units in March 2022; however, from April 2022 to February 2023, the exports stood at a somewhat lower figure.
In value terms, gear box exports amounted to $1.3B (IndexBox estimates) in February 2023. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 with an increase of 31% against the previous month. Over the period under review, the exports attained the peak figure at 1.6B units in March 2022; however, from April 2022 to February 2023, the exports failed to regain momentum.
Germany Gear Box Exports by Country
China (6.3M units), the United States (5.9M units) and Mexico (3.4M units) were the main destinations of gear box exports from Germany, together comprising 43% of total exports. These countries were followed by France, the Czech Republic, Romania, Hungary, Spain, Poland, the UK, Turkey, the Netherlands and Slovakia, which together accounted for a further 41%.
From February 2022 to February 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +2.0%), while the other leaders experienced more modest paces of growth.
In value terms, China ($335M), the United States ($231M) and Mexico ($98M) constituted the largest markets for gear box exported from Germany worldwide, together comprising 52% of total exports. These countries were followed by the UK, the Czech Republic, Turkey, Spain, France, the Netherlands, Romania, Hungary, Poland and Slovakia, which together accounted for a further 33%.
Romania, with a CAGR of +2.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the gear box market in Germany. 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:
- Prodcom 29323033 - Gear boxes and their parts
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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
