Driving and Non-driving Axle Market

Driving and non-driving axle market: get new information provided by an Ai-driven business intelligence tool. Info cover consumption, trade, imports, market size, market prices, production, companies, and exports. Here is a split by country, including the U.S., Latin America, Africa, EU, China, Russia, the U.K., and the Middle East. Market trends and forecast to 2030 are also featured in the dashboards.


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Driving and Non-driving Axle - World's Largest Markets

RatingCountry
1United States
2China
3Japan
4India
5Indonesia

In value terms, the largest driving and non-driving axle markets worldwide were the United States, China and Japan, with a combined 48% share of the global market.

In terms of the main consuming countries, the United States recorded the highest rates of growth with regard to market size, over the period under review, while driving and non-driving axle market for the other global leaders experienced more modest paces of growth.

Driving and Non-Driving Axle Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China612535863561-23.8%
Czech Republic3655332043038.5%
France597452755888-0.7%
South Korea637660766299-0.6%
Belgium57195769699810.6%
Sweden6555646772795.4%
Italy6932669873192.8%
Germany7563748179552.6%
Poland863387678567-0.4%
Mexico76988700937110.3%
Japan8608882296966.1%
United States9101928197233.4%
Austria152081413814906-1.0%
Average7303710774751.2%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Austria ($14,906 per ton), while China ($3,561 per ton) was amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Austria89059359100046.0%
United States7163731982237.1%
Slovakia6658673667700.8%
Netherlands6530633467491.7%
Belgium54306253673511.4%
France5917638667326.7%
Poland6516699766961.4%
Germany683468066629-1.5%
Mexico654967556521-0.2%
Russia5584578957761.7%
Czech Republic594358125678-2.3%
Spain656256505609-7.5%
Turkey589853255500-3.4%
Average6745690671002.6%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Austria ($10,004 per ton), while Turkey ($5,500 per ton) was amongst the lowest.

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

Driving and Non-Driving Axle - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States4.64.74-6.4%
Germany2.72.62.1-12.0%
Mexico2.82.72.1-13.7%
Austria0.9114.4%
Czech Republic0.60.60.814.9%

In value terms, the United States ($4B), Germany ($2.1B) and Mexico ($2.1B) appeared to be the countries with the highest levels of imports in 2020, together accounting for 39% of global imports. These countries were followed by Austria, the Czech Republic, the Netherlands, France, Slovakia, Poland, Belgium, Spain, Russia and Turkey, which together accounted for a further 30%.

Among the main importing countries, the Czech Republic recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Driving and Non-Driving Axle - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany54.74.1-8.5%
Mexico23.62.817.5%
United States2.92.82.1-14.1%
Japan2.42.32-9.0%
Italy1.51.41.2-10.0%

In value terms, the largest driving and non-driving axle supplying countries worldwide were Germany ($4.1B), Mexico ($2.8B) and the United States ($2.1B), with a combined 42% share of global exports.

Mexico recorded 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 more modest paces of growth.

Driving and Non-Driving Axle - Market Forecast

Driven by rising demand for driving and non-driving axle 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.

Driving and Non-driving Axle - Product Coverage

  • HS 870850 - Vehicles; parts, drive-axles with differential, whether or not provided with other transmission components
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World - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for driving and non-driving axle.

Latin America and the Caribbean - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for driving and non-driving axle in Latin America and the Caribbean.

Northern America - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for driving and non-driving axle in Northern America.

South-Eastern Asia - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for driving and non-driving axle in South-Eastern Asia.

Africa - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for driving and non-driving axle in Africa.

Eastern Asia - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for driving and non-driving axle in Eastern Asia.

Middle East - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for driving and non-driving axle in the Middle East.

Central Asia - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for driving and non-driving axle in Central Asia.

Southern Asia - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for driving and non-driving axle in Southern Asia.

Australia and Oceania - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for driving and non-driving axle in Australia and Oceania.

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