Electric Rotary Converter Market
Electric rotary converter market: read the latest statistics enhanced by an Ai-driven BI tool. Facts and figures provide companies, consumption, trade, market size, exports, imports, market prices, and production. Here is a split by country, including Africa, the U.K., the Middle East, Latin America, EU, the U.S., Russia, and China. Market insights and outlook to 2030 are also provided in the snapshots.
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Electric Rotary Converter - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Netherlands |
| 2 | Germany |
| 3 | Switzerland |
| 4 | Indonesia |
| 5 | United States |
In value terms, the Netherlands, Germany and Switzerland were the countries with the highest levels of market value in 2020, with a combined 54% share of the global market. Indonesia, the United States, Hungary, Nigeria, Mozambique, Mexico and the Czech Republic lagged somewhat behind, together comprising a further 19%.
Mexico (+451.8% per year) saw the highest growth rate of market size, among the main consuming countries over the period under review, while electric rotary converter market for the other global leaders experienced more modest paces of growth.
Electric Rotary Converter Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Hong Kong SAR | 19 | 20 | 20 | 3.0% |
| Czech Republic | 39 | 43 | 29 | -13.6% |
| Vietnam | 19 | 23 | 33 | 29.5% |
| Canada | 55 | 89 | 60 | 4.3% |
| Singapore | 154 | 77 | 76 | -29.9% |
| United Kingdom | 252 | 140 | 153 | -22.1% |
| China | 121 | 145 | 169 | 18.0% |
| Italy | 515 | 513 | 333 | -19.6% |
| Germany | 482 | 504 | 414 | -7.4% |
| Austria | 1232 | 531 | 524 | -34.8% |
| Spain | 486 | 646 | 584 | 9.6% |
| Average | 399 | 401 | 329 | -9.3% |
Prices varied noticeably by the country of origin; the country with the highest price was Spain ($584 per unit), while Hong Kong SAR ($20 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| United Kingdom | 398 | 52 | 410 | 1.6% |
| Netherlands | 226 | 281 | 295 | 14.2% |
| Indonesia | 522 | 242 | 210 | -36.5% |
| Hungary | 45 | 86 | 130 | 69.2% |
| Nigeria | 41 | 52 | 44 | 3.5% |
| Poland | 108 | 109 | 41 | -38.8% |
| United States | 35 | 36 | 35 | 0.1% |
| Switzerland | 2683 | 2070 | 7.9 | -94.6% |
| Mozambique | 15 | 22 | 6.7 | -32.3% |
| Average | 144 | 137 | 148 | 1.4% |
Prices varied noticeably by the country of destination; the country with the highest price was the UK ($410 per unit), while Mozambique ($6.7 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hungary (+69.2% per year), while the other global leaders experienced more modest paces of growth.
Electric Rotary Converter - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 26 | 29 | 16 | -21.5% |
| United Kingdom | 9 | 17 | 12 | 13.6% |
| Netherlands | 4 | 8.1 | 11 | 62.5% |
| Indonesia | 1.5 | 3.4 | 8.4 | 136.4% |
| Hungary | 1 | 2.5 | 8.4 | 188.9% |
In value terms, the largest electric rotary converter importing markets worldwide were the United States ($16M), the UK ($12M) and the Netherlands ($11M), together accounting for 23% of global imports. These countries were followed by Indonesia, Hungary, Nigeria, Switzerland, Poland and Mozambique, which together accounted for a further 14%.
Hungary (+188.9% per year) saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Electric Rotary Converter - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Germany | 122 | 123 | 73 | -23.0% |
| Spain | 3.1 | 1.3 | 5.4 | 32.5% |
| Austria | 3 | 1.5 | 5.3 | 32.2% |
| Italy | 2.6 | 1.8 | 3.9 | 21.7% |
| Singapore | 3 | 2.7 | 2.8 | -4.0% |
In value terms, Germany ($73M) remains the largest electric rotary converter supplier worldwide, comprising 54% of global exports. The second position in the ranking was occupied by Spain ($5.4M), with a 4% share of global exports. It was followed by Austria, with a 3.9% share.
In Germany, electric rotary converter exports contracted by an average annual rate of -23.0% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Spain (+32.5% per year) and Austria (+32.2% per year).
Electric Rotary Converter - Market Forecast
The electric rotary converter market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.8% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Electric Rotary Converter - Product Coverage
- HS 850240 - Electric rotary converters
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World - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global electric rotary converter market.
Africa - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the electric rotary converter market in Africa.
Northern America - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the electric rotary converter market in Northern America.
Eastern Asia - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the electric rotary converter market in Eastern Asia.
South-Eastern Asia - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the electric rotary converter market in South-Eastern Asia.
Australia and Oceania - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the electric rotary converter market in Australia and Oceania.
Middle East - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the electric rotary converter market in the Middle East.
Latin America and the Caribbean - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the electric rotary converter market in Latin America and the Caribbean.
Central Asia - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the electric rotary converter market in Central Asia.
Southern Asia - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the electric rotary converter market in Southern Asia.
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