Report Update: May 1, 2024

China - Flywheels And Pulleys - Market Analysis, Forecast, Size, Trends And Insights

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Flywheels and Pulleys Price in China - 2023

Flywheels and Pulleys Price in China (FOB) - 2023

In June 2023, the average flywheels and pulleys export price amounted to $4,283 per ton, approximately equating the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 9.1% month-to-month. As a result, the export price attained the peak level of $4,904 per ton. From April 2023 to June 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 Germany ($8,490 per ton), while the average price for exports to South Africa ($2,390 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Flywheels and Pulleys Price in China (CIF) - 2023

In June 2023, the average flywheels and pulleys import price amounted to $15,849 per ton, growing by 2.6% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in December 2022 an increase of 8.8% against the previous month. The import price peaked in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was France ($40,928 per ton), while the price for Japan ($9,798 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Flywheels and Pulleys Exports in China

In 2022, the amount of flywheels and pulleys exported from China surged to 96K tons, increasing by 43% on the previous year's figure. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 89% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, flywheels and pulleys exports expanded rapidly to $450M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Flywheels and Pulleys in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	45.9	47.3	65.4	79.1	19.9%
South Korea	14.1	21.9	41.5	50.9	53.4%
Japan	40.2	34.0	44.1	48.2	6.2%
Germany	24.2	23.4	34.9	28.7	5.8%
Italy	15.7	13.3	20.5	21.2	10.5%
Turkey	4.1	8.6	10.0	14.0	50.6%
Netherlands	8.4	9.0	17.4	11.7	11.7%
Russia	3.8	4.1	6.2	10.4	39.9%
Spain	9.7	8.4	10.0	9.9	0.7%
France	10.3	7.4	10.9	9.8	-1.6%
Thailand	4.6	6.0	9.9	9.5	27.3%
India	8.1	4.1	6.9	7.8	-1.3%
Indonesia	6.3	5.4	6.0	6.5	1.0%
Others	102	94.7	132	142	11.7%
Total	298	288	415	450	14.7%

Top Export Markets for Flywheels and Pulleys from China in 2022:

United States (16.2K tons)
Japan (16.2K tons)
South Korea (9.8K tons)
Italy (6.8K tons)
Germany (4.2K tons)
Turkey (2.8K tons)
Netherlands (2.6K tons)
France (2.4K tons)
Thailand (2.2K tons)
Russia (2.2K tons)
Indonesia (1.8K tons)
Spain (1.8K tons)
India (1.7K tons)

Flywheels and Pulleys Imports in China

After three years of growth, purchases abroad of flywheels and pulleys decreased by -2.3% to 14K tons in 2022. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. As a result, imports reached the peak of 14K tons, and then fell slightly in the following year.

In value terms, flywheels and pulleys imports reduced to $186M in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; 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 27% against the previous year. As a result, imports attained the peak of $210M, and then fell in the following year.

Import of Flywheels and Pulleys in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	31.2	31.4	56.4	52.1	18.6%
Japan	31.6	35.1	41.2	37.5	5.9%
Italy	10.2	15.3	18.2	12.8	7.9%
France	9.0	9.2	10.4	12.8	12.5%
Hungary	4.4	10.6	16.4	11.8	38.9%
South Korea	22.0	11.6	12.4	10.0	-23.1%
Slovakia	7.6	8.9	12.5	8.4	3.4%
Others	37.5	43.5	42.3	40.8	2.9%
Total	154	166	210	186	6.5%

Top Suppliers of Flywheels and Pulleys to China in 2022:

Germany (4.1K tons)
Japan (3.4K tons)
Hungary (1.1K tons)
Italy (1.0K tons)
South Korea (1.0K tons)
France (0.7K tons)
Slovakia (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the flywheels and pulleys market in China. 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:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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
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