Balancing Mechanical Parts Machine Market

Balancing mechanical parts machine market: download recently published facts and figures enhanced by an Ai-driven BI tool. Statistics cover trade, consumption, imports, exports, market size, market prices, companies, and production. Here is a split by country, including Africa, Latin America, EU, China, the U.S., the U.K., Russia, and the Middle East. Market trends and outlook to 2030 are also featured in the snapshots.


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Balancing Mechanical Parts Machine - World's Largest Markets

RatingCountry
1Japan
2Italy
3Thailand
4Germany
5Canada

In value terms, Japan led the market, alone. The second position in the ranking was occupied by Italy. It was followed by Thailand.

From 2018 to 2020, the average annual rate of growth in terms of value in Japan amounted to +9.2%. In the other countries, the average annual rates were as follows: Italy (-9.4% per year) and Thailand (+98.1% per year).

Balancing Mechanical Parts Machine Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Spain31731920667-54.2%
Italy254523712014-11.0%
United Kingdom444228502448-25.8%
United States435729162504-24.2%
Germany576629862645-32.3%
China605932433008-29.5%
Japan35415217451712.9%
Average365528782395-19.1%

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($4,517 per unit), while Spain ($667 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
United States316730572626-8.9%
Germany219822432099-2.3%
Canada39846780041.7%
France4924495041.2%
Poland607360445-14.4%
Iran63313312122.7%
Thailand688343255-39.1%
Sweden248247212-7.5%
Slovakia14119319116.3%
Belgium11988103-7.2%
Bulgaria804748-22.8%
Paraguay7.5132167.8%
El Salvador5.52.21.8-42.8%
Average8118688935.0%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($2,626 per unit), while El Salvador ($1.8 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Iran (+122.7% per year), while the other global leaders experienced more modest paces of growth.

Balancing Mechanical Parts Machine - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
United States553935-20.6%
Thailand16202830.3%
Germany353123-20.1%
Canada241713-24.8%
France277.69.3-41.5%

In value terms, the United States ($35M), Thailand ($28M) and Germany ($23M) appeared to be the countries with the highest levels of imports in 2020, together accounting for 20% of global imports.

Thailand saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Balancing Mechanical Parts Machine - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Germany1328086-19.0%
United States13310983-21.2%
Italy1089679-14.1%
Japan646563-1.1%
China525152-0.7%

In value terms, Germany ($86M), the United States ($83M) and Italy ($80M) constituted the countries with the highest levels of exports in 2020, together accounting for 55% of global exports. These countries were followed by Japan, China, the UK and Spain, which together accounted for a further 33%.

Among the main exporting countries, Spain (+152.8% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Balancing Mechanical Parts Machine - Market Forecast

Driven by increasing demand for balancing mechanical parts machine worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Balancing Mechanical Parts Machine - Product Coverage

  • HS 903110 - Machines; for balancing mechanical parts
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World - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global market for balancing mechanical parts machine.

South-Eastern Asia - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for balancing mechanical parts machine in South-Eastern Asia.

Latin America and the Caribbean - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for balancing mechanical parts machine in Latin America and the Caribbean.

Eastern Asia - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for balancing mechanical parts machine in Eastern Asia.

Africa - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for balancing mechanical parts machine in Africa.

Central Asia - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for balancing mechanical parts machine in Central Asia.

Northern America - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for balancing mechanical parts machine in Northern America.

Middle East - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for balancing mechanical parts machine in the Middle East.

Australia and Oceania - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for balancing mechanical parts machine in Australia and Oceania.

Southern Asia - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for balancing mechanical parts machine in Southern Asia.

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