Australia - Flywheels And Pulleys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFlywheels and Pulleys Price in Australia - 2023
Contents:
- Flywheels and Pulleys Price in Australia (CIF) - 2023
- Flywheels and Pulleys Price in Australia (FOB) - 2022
- Flywheels and Pulleys Imports in Australia
- Flywheels and Pulleys Exports in Australia
Flywheels and Pulleys Price in Australia (CIF) - 2023
The average flywheels and pulleys import price stood at $20,796 per ton in July 2023, increasing by 40% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $22,854 per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were Thailand ($17,109 per ton) and South Africa ($17,109 per ton), while the price for France ($17,109 per ton) and China ($17,109 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Africa (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Flywheels and Pulleys Price in Australia (FOB) - 2022
The average flywheels and pulleys export price stood at $18,083 per ton in 2022, with an increase of 9.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 27%. As a result, the export price reached the peak level of $18,432 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($18,071 per ton) and Canada ($18,071 per ton), while the average price for exports to Peru ($18,069 per ton) and Chile ($18,069 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Flywheels and Pulleys Imports in Australia
In 2022, approx. 3.9K tons of flywheels and pulleys were imported into Australia; picking up by 20% on 2021. The total import volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, flywheels and pulleys imports expanded markedly to $58M in 2022. The total import value increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Flywheels and Pulleys in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.3 | 10.2 | 14.9 | 17.2 | 27.5% |
| China | 6.9 | 8.1 | 9.3 | 11.5 | 18.6% |
| Germany | 5.6 | 5.3 | 6.4 | 6.7 | 6.2% |
| Japan | 5.4 | 4.1 | 5.2 | 5.6 | 1.2% |
| Taiwan (Chinese) | 1.3 | 1.4 | 1.6 | 1.8 | 11.5% |
| United Kingdom | 1.4 | 0.9 | 1.0 | 1.1 | -7.7% |
| France | 1.0 | 2.6 | 1.2 | 1.0 | 0.0% |
| Thailand | 1.1 | 0.6 | 0.8 | 0.9 | -6.5% |
| South Korea | 1.8 | 1.9 | 1.9 | 0.8 | -23.7% |
| Italy | 2.3 | 1.7 | 1.6 | 0.7 | -32.7% |
| Others | 7.2 | 6.7 | 8.9 | 10.7 | 14.1% |
| Total | 42.2 | 43.4 | 52.8 | 58.2 | 11.3% |
Top Suppliers of Flywheels and Pulleys to Australia in 2022:
- United States (1159.0 tons)
- China (774.8 tons)
- Germany (451.3 tons)
- Japan (374.7 tons)
- Taiwan (Chinese) (123.3 tons)
- United Kingdom (74.8 tons)
- France (66.4 tons)
- Thailand (60.6 tons)
- South Korea (56.9 tons)
- Italy (49.7 tons)
Flywheels and Pulleys Exports in Australia
In 2022, exports of flywheels and pulleys from Australia reduced sharply to 337 tons, with a decrease of -50.5% on the year before. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 108%. As a result, the exports attained the peak of 681 tons, and then fell notably in the following year.
In value terms, flywheels and pulleys exports contracted notably to $6.1M in 2022. Over the period under review, exports, however, posted modest growth. The most prominent rate of growth was recorded in 2021 with an increase of 90%. As a result, the exports reached the peak of $11M, and then declined rapidly in the following year.
| Export of Flywheels and Pulleys in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 880 | 1,523 | 1,204 | 1,047 | 6.0% |
| New Zealand | 884 | 1,252 | 989 | 928 | 1.6% |
| Indonesia | 459 | 370 | 270 | 614 | 10.2% |
| United States | 2,278 | 1,757 | 2,446 | 538 | -38.2% |
| New Caledonia | 10.4 | 16.0 | 30.6 | 420 | 243.1% |
| South Korea | 11.1 | 46.2 | 20.4 | 370 | 221.8% |
| Singapore | 188 | 129 | 177 | 349 | 22.9% |
| Canada | 26.9 | 6.6 | 171 | 239 | 107.1% |
| China | 114 | 69.1 | 232 | 238 | 27.8% |
| Thailand | 361 | 11.7 | 28.9 | 228 | -14.2% |
| Belgium | 129 | 28.2 | 65.7 | 117 | -3.2% |
| Peru | N/A | N/A | 3.6 | 95.7 | 2558.3% |
| Chile | 31.6 | 68.1 | 123 | 91.6 | 42.6% |
| Others | 520 | 641 | 5,465 | 813 | 16.1% |
| Total | 5,893 | 5,919 | 11,227 | 6,088 | 1.1% |
Top Export Markets for Flywheels and Pulleys from Australia in 2022:
- Papua New Guinea (57.9 tons)
- New Zealand (51.3 tons)
- Indonesia (34.0 tons)
- United States (29.8 tons)
- New Caledonia (23.2 tons)
- South Korea (20.5 tons)
- Singapore (19.3 tons)
- Canada (13.2 tons)
- China (13.1 tons)
- Thailand (12.6 tons)
- Belgium (6.5 tons)
- Peru (5.3 tons)
- Chile (5.1 tons)
This report provides an in-depth analysis of the flywheels and pulleys market in Australia. 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 28152500 - Flywheels and pulleys (including pulley blocks)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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