United Kingdom - Electromagnets And Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Kingdom - Electromagnets And Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends And Insights

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Electromagnetic Lifting Head Price in the UK - 2023

Contents:

  1. Electromagnetic Lifting Head Price in the UK (CIF) - 2023
  2. Electromagnetic Lifting Head Price in the UK (FOB) - 2023
  3. Electromagnetic Lifting Head Imports in the UK
  4. Electromagnetic Lifting Head Exports in the UK

Electromagnetic Lifting Head Price in the UK (CIF) - 2023

The average electromagnetic lifting head import price stood at $23,417 per ton in August 2023, with a decrease of -17.2% against the previous month. Over the period under review, the import price, however, continues to indicate a modest increase. The pace of growth was the most pronounced in March 2023 when the average import price increased by 31% month-to-month. As a result, import price attained the peak level of $33,492 per ton. From April 2023 to August 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($214K per ton), while the price for Poland ($1,736 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Electromagnetic Lifting Head Price in the UK (FOB) - 2023

The average electromagnetic lifting head export price stood at $67,853 per ton in August 2023, dropping by -19.9% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 68% m-o-m. As a result, the export price attained the peak level of $151K per ton. From May 2023 to August 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was India ($157K per ton), while the average price for exports to Turkey ($25,589 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electromagnetic Lifting Head Imports in the UK

In 2022, the amount of electromagnets and electromagnetic lifting heads imported into the UK shrank to 2.9K tons, reducing by -10.3% on 2021 figures. In general, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55%. As a result, imports attained the peak of 3.3K tons, and then declined in the following year.

In value terms, electromagnetic lifting head imports declined dramatically to $68M in 2022. Over the period under review, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports reached the peak of $94M, and then reduced dramatically in the following year.

Import of Electromagnetic Lifting Head in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.79.619.425.915.8%
United States10.49.28.210.81.3%
Germany19.414.721.69.4-21.5%
Italy1.81.92.63.929.4%
France16.313.813.03.2-41.9%
Ireland0.70.82.82.756.8%
Poland0.10.20.70.791.3%
Netherlands1.72.72.00.2-51.0%
Others9.411.323.211.36.3%
Total76.464.293.668.0-3.8%

Top Suppliers of Electromagnetic Lifting Head to the UK in 2022:

  1. China (1922.9 tons)
  2. Germany (228.1 tons)
  3. Italy (167.1 tons)
  4. Ireland (144.3 tons)
  5. United States (86.2 tons)
  6. Poland (58.5 tons)
  7. France (45.7 tons)
  8. Netherlands (8.3 tons)

Electromagnetic Lifting Head Exports in the UK

After two years of decline, shipments abroad of electromagnets and electromagnetic lifting heads increased by 12% to 1.2K tons in 2022. Over the period under review, exports, however, showed a abrupt decline.

In value terms, electromagnetic lifting head exports fell modestly to $87M in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, the exports attained the peak of $102M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Electromagnetic Lifting Head in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.616.511.417.13.1%
China10.914.018.315.612.7%
Germany8.28.413.813.417.8%
Sweden5.39.45.33.9-9.7%
India1.61.52.73.631.0%
Turkey3.93.33.03.1-7.4%
Italy2.01.31.42.34.8%
Poland1.30.90.82.320.9%
France4.12.55.02.1-20.0%
Denmark0.21.20.51.491.3%
Netherlands1.81.41.61.1-15.1%
Ireland1.81.20.70.9-20.6%
Belgium0.70.90.80.98.7%
Others31.039.923.419.6-14.2%
Total88.410288.687.3-0.4%

Top Export Markets for Electromagnetic Lifting Head from the UK in 2022:

  1. Germany (295.9 tons)
  2. United States (159.7 tons)
  3. Sweden (132.7 tons)
  4. Turkey (131.8 tons)
  5. China (118.3 tons)
  6. Italy (39.0 tons)
  7. France (36.5 tons)
  8. Poland (34.3 tons)
  9. Netherlands (28.7 tons)
  10. India (27.8 tons)
  11. Ireland (26.9 tons)
  12. Denmark (23.0 tons)
  13. Belgium (21.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electromagnetic lifting head market in the UK. 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 27904060 - Electromagnets and electromagnetic lifting heads, and their parts (excluding magnets for medical use), electromagnetic or permanent magnet chucks, clamps and similar holding devices and their parts, n.e.c.
  • Prodcom 27904560 -

Country coverage:

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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