United Kingdom - Flywheels And Pulleys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFlywheels and Pulleys Price in the UK - 2023
Contents:
- Flywheels and Pulleys Price in the UK (CIF) - 2023
- Flywheels and Pulleys Price in the UK (FOB) - 2023
- Flywheels and Pulleys Imports in the UK
- Flywheels and Pulleys Exports in the UK
Flywheels and Pulleys Price in the UK (CIF) - 2023
In May 2023, the average flywheels and pulleys import price amounted to $7,904 per ton, with a decrease of -10.6% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 21% month-to-month. As a result, import price attained the peak level of $8,840 per ton, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Turkey ($14,540 per ton), while the price for India ($3,576 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Canada (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Flywheels and Pulleys Price in the UK (FOB) - 2023
The average flywheels and pulleys export price stood at $19,023 per ton in May 2023, dropping by -4.5% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 81% month-to-month. The export price peaked at $22,193 per ton in December 2022; however, from January 2023 to May 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In May 2023, the country with the highest price was France ($49,672 per ton), while the average price for exports to Maldives ($6,812 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Flywheels and Pulleys Imports in the UK
In 2022, after two years of decline, there was significant growth in purchases abroad of flywheels and pulleys, when their volume increased by 11% to 32K tons. Over the period under review, imports, however, continue to indicate a dramatic descent.
In value terms, flywheels and pulleys imports totaled $232M in 2022. Overall, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 1.1% against the previous year.
Import of Flywheels and Pulleys in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 99.3 | 86.3 | 102 | 61.5 | -14.8% |
Italy | 51.0 | 42.3 | 32.1 | 39.5 | -8.2% |
China | 20.7 | 13.5 | 20.8 | 30.2 | 13.4% |
Hungary | 7.2 | 3.8 | 4.9 | 18.3 | 36.5% |
Canada | 9.6 | 6.3 | 6.1 | 7.9 | -6.3% |
Japan | 9.0 | 7.1 | 8.7 | 7.7 | -5.1% |
Turkey | 5.4 | 3.9 | 5.2 | 7.4 | 11.1% |
Czech Republic | 8.3 | 6.6 | 2.3 | 7.0 | -5.5% |
Spain | 5.4 | 4.2 | 1.5 | 6.5 | 6.4% |
India | 5.7 | 3.7 | 4.9 | 6.4 | 3.9% |
Poland | 10.2 | 8.6 | 12.3 | 5.8 | -17.2% |
Others | 56.2 | 40.9 | 29.1 | 34.3 | -15.2% |
Total | 288 | 227 | 230 | 232 | -7.0% |
Top Suppliers of Flywheels and Pulleys to the UK in 2022:
- Germany (7.2K tons)
- Italy (6.9K tons)
- China (4.2K tons)
- Canada (2.5K tons)
- Japan (2.2K tons)
- India (1.8K tons)
- Hungary (1.8K tons)
- Turkey (0.9K tons)
- Spain (0.9K tons)
- Czech Republic (0.7K tons)
- Poland (0.5K tons)
Flywheels and Pulleys Exports in the UK
In 2022, approx. 2.5K tons of flywheels and pulleys were exported from the UK; with a decrease of -20.6% on 2021. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 17%.
In value terms, flywheels and pulleys exports shrank rapidly to $45M in 2022. In general, exports showed a perceptible curtailment. The growth pace was the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of $55M, and then fell dramatically in the following year.
Export of Flywheels and Pulleys in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.0 | 1.8 | 10.2 | 7.1 | 52.5% |
China | 3.9 | 7.0 | 7.2 | 5.6 | 12.8% |
United States | 13.5 | 5.8 | 4.3 | 4.4 | -31.2% |
France | 2.6 | 2.0 | 2.5 | 2.8 | 2.5% |
Ireland | 4.5 | 4.2 | 2.6 | 2.7 | -15.7% |
Belgium | 0.8 | 1.0 | 2.2 | 2.4 | 44.2% |
Brazil | 0.8 | 0.7 | 1.8 | 1.5 | 23.3% |
Netherlands | 1.4 | 1.6 | 1.2 | 1.2 | -5.0% |
India | 0.5 | 0.6 | 0.9 | 1.0 | 26.0% |
Poland | 0.2 | 0.8 | 1.2 | 0.9 | 65.1% |
Qatar | 0.4 | 0.6 | 0.3 | 0.7 | 20.5% |
Norway | 0.4 | 0.4 | 0.5 | 0.7 | 20.5% |
Singapore | 0.1 | 0.2 | 0.3 | 0.5 | 71.0% |
Others | 20.4 | 15.0 | 19.5 | 13.8 | -12.2% |
Total | 51.6 | 41.7 | 54.7 | 45.3 | -4.2% |
Top Export Markets for Flywheels and Pulleys from the UK in 2022:
- China (508.4 tons)
- Germany (394.9 tons)
- United States (163.0 tons)
- Ireland (156.3 tons)
- Brazil (144.1 tons)
- India (129.6 tons)
- Norway (70.2 tons)
- France (69.7 tons)
- Qatar (61.7 tons)
- Poland (55.3 tons)
- Belgium (52.0 tons)
- Netherlands (48.8 tons)
- Singapore (38.2 tons)
This report provides an in-depth analysis of the flywheels and pulleys 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 28152500 - Flywheels and pulleys (including pulley blocks)
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:
- 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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