Report Update: Apr 1, 2024

World - Cranks And Crankshafts - Market Analysis, Forecast, Size, Trends And Insights

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Cranks and Crankshafts Market

Cranks and crankshafts market: discover recently published statistics featured by an Ai-driven business intelligence platform. Info cover trade, market size, market prices, consumption, exports, production, imports, and companies. Here is a split by region, including the U.K., Russia, Africa, China, the U.S., Latin America, EU, and the Middle East. Market trends and forecast to 2030 are also provided in the dashboards.

Get FREE access to the latest REPORT on the Cranks and Crankshafts Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Cranks and Crankshafts - World's Largest Markets

Rating	Country
1	United States
2	China
3	India
4	Japan
5	Russia

In value terms, the United States led the market, alone. The second position in the ranking was occupied by China. It was followed by India.

In the United States, the cranks and crankshafts market plunged by an average annual rate of -4.9% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (-11.1% per year) and India (-1.4% per year).

Cranks And Crankshafts Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
South Korea	4557	4125	2985	-19.1%
Spain	3976	4081	3717	-3.3%
China	9409	4470	4470	-31.1%
Turkey	5412	5556	4700	-6.8%
Brazil	5855	5944	4997	-7.6%
India	5214	6333	5633	3.9%
France	7015	10143	7714	4.9%
Mexico	7649	6530	8226	3.7%
Italy	7493	7547	8890	8.9%
Poland	8142	8673	8930	4.7%
Germany	8558	8624	9158	3.4%
Japan	8265	9205	9997	10.0%
United States	11975	12219	12462	2.0%
Average	7933	7497	7348	-3.8%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United States ($12,462 per ton), while South Korea ($2,985 per ton) 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 more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Canada	12926	26005	15010	7.8%
China	9767	13950	12118	11.4%
Hungary	10264	10067	9586	-3.4%
United Kingdom	7524	7561	8056	3.5%
Austria	6456	6781	7793	9.9%
Italy	9465	7865	7644	-10.1%
Poland	7209	7194	7256	0.3%
Japan	6373	6062	6532	1.2%
Mexico	7462	15394	6479	-6.8%
Brazil	7764	7464	6097	-11.4%
Sweden	4522	4356	5769	12.9%
Germany	7353	7567	5559	-13.1%
United States	7060	9274	5113	-14.9%
Average	7962	8953	7565	-2.5%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Canada ($15,010 per ton), while the United States ($5,113 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the other global leaders experienced more modest paces of growth.

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Cranks and Crankshafts - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	2.2	2.2	1.8	-9.4%
China	0.8	1.1	1.1	14.9%
Mexico	0.7	0.7	0.7	5.3%
Germany	0.8	0.8	0.7	-6.7%
Canada	0.6	0.6	0.6	0.5%

In value terms, the United States ($1.8B), China ($1.1B) and Mexico ($746M) were the countries with the highest levels of imports in 2020, together comprising 34% of global imports.

Among the main importing countries, China recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Cranks and Crankshafts - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Germany	2.5	2.5	2.3	-4.1%
China	1.3	1.2	1.2	-2.9%
United States	1.1	1.1	1.2	2.4%
Japan	1.2	1	0.8	-17.1%
South Korea	0.5	0.5	0.5	-3.6%

In value terms, Germany ($2.3B), China ($1.2B) and the United States ($1.2B) constituted the countries with the highest levels of exports in 2020, with a combined 48% share of global exports.

The United States saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Cranks and Crankshafts - Market Forecast

Driven by rising demand for cranks and crankshafts worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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.

Cranks and Crankshafts - Top Companies

ZF Friedrichshafen AG, HYUNDAI MOBIS Co., Ltd., TRW Automotive Inc., POWER HOLDING COMPANY OF NIGERIA, MINEBEA MITSUMI INC., Jinlong Alloy Industry Co., Ltd., THK CO., LTD., TSUBAKIMOTO CHAIN CO., TPR CO., LTD., KEC INTERNATIONAL LIMITED, GETRAG FORD Transmissions GmbH, SIAM DENSO MANUFACTURING COMPANY LIMITED, CKD CORPORATION, Keihin North America, Inc., Plastic Omnium Auto Inergy (usa) LLC, Altra Industrial Motion Corp., RIKEN CORPORATION, Neapco Holdings, LLC, Benteler Automotive Corporation, SEPAHAN OIL COMPANY

Cranks and Crankshafts - Product Coverage

HS 848310 - Transmission shafts (including cam shafts and crank shafts) and cranks

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global cranks and crankshafts market. 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 28152230 - Cranks and crankshafts
Prodcom 28152250 - Cardan shafts
Prodcom 28152270 - Other shafts

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023