Germany - Gearboxes and Speed Changers For Machinery And Land or Sea Vehicles excluding Gears and Gearing - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Gearboxes and Speed Changers in Germany - 2023
Contents:
- Price for Gearboxes and Speed Changers in Germany (FOB) - 2023
- Price for Gearboxes and Speed Changers in Germany (CIF) - 2023
- Exports of Gearboxes and Speed Changers in Germany
- Imports of Gearboxes and Speed Changers in Germany
Price for Gearboxes and Speed Changers in Germany (FOB) - 2023
In June 2023, the average gearboxes and speed changers export price amounted to $22,614 per ton, dropping by -3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in December 2022 an increase of 11% against the previous month. Over the period under review, the average export prices attained the maximum at $23,308 per ton in May 2023, and then reduced modestly in the following month.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the UK ($37,266 per ton), while the average price for exports to Denmark ($10,102 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 South Korea (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Gearboxes and Speed Changers in Germany (CIF) - 2023
The average gearboxes and speed changers import price stood at $14,499 per ton in June 2023, with an increase of 4.9% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 9.1% m-o-m. The import price peaked in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Switzerland ($51,676 per ton), while the price for Denmark ($6,283 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 Belgium (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Gearboxes and Speed Changers in Germany
In 2022, approx. 166K tons of gearboxes and speed changers were exported from Germany; reducing by -17.7% compared with 2021 figures. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 5.9%. As a result, the exports reached the peak of 202K tons, and then declined rapidly in the following year.
In value terms, gearboxes and speed changers exports contracted to $3.3B in 2022. Overall, exports saw a slight downturn. The pace of growth was the most pronounced in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $3.9B, and then reduced in the following year.
Export of Gearboxes and Speed Changers in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 503 | 446 | 456 | 356 | -10.9% |
China | 334 | 463 | 493 | 329 | -0.5% |
Austria | 193 | 183 | 230 | 214 | 3.5% |
Denmark | 398 | 413 | 401 | 211 | -19.1% |
Italy | 186 | 152 | 232 | 206 | 3.5% |
France | 193 | 160 | 187 | 194 | 0.2% |
United Kingdom | 84.7 | 63.5 | 111 | 121 | 12.6% |
Spain | 102 | 76.7 | 153 | 121 | 5.9% |
Netherlands | 108 | 121 | 124 | 114 | 1.8% |
South Korea | 91.3 | 72.4 | 98.3 | 98.5 | 2.6% |
Belgium | 98.9 | 84.0 | 83.3 | 95.6 | -1.1% |
Hungary | 60.8 | 49.7 | 61.9 | 77.9 | 8.6% |
India | 55.4 | 55.5 | 58.3 | 66.4 | 6.2% |
Others | 1,135 | 1,021 | 1,181 | 1,136 | 0.0% |
Total | 3,541 | 3,361 | 3,869 | 3,341 | -1.9% |
Top Export Markets for Gearboxes and Speed Changers from Germany in 2022:
- Denmark (23.3K tons)
- United States (14.9K tons)
- China (13.2K tons)
- Austria (10.8K tons)
- France (10.5K tons)
- Spain (10.2K tons)
- Italy (7.1K tons)
- Belgium (5.7K tons)
- India (5.0K tons)
- Hungary (5.0K tons)
- South Korea (5.0K tons)
- Netherlands (4.8K tons)
- United Kingdom (4.7K tons)
Imports of Gearboxes and Speed Changers in Germany
Gearboxes and speed changers imports into Germany expanded remarkably to 93K tons in 2022, growing by 6.4% against 2021. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, gearboxes and speed changers imports expanded notably to $1.2B in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Gearboxes and Speed Changers in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 153 | 131 | 127 | 155 | 0.4% |
Italy | 146 | 124 | 127 | 149 | 0.7% |
Czech Republic | 129 | 104 | 120 | 118 | -2.9% |
Switzerland | 111 | 105 | 124 | 113 | 0.6% |
Japan | 65.7 | 92.8 | 130 | 113 | 19.8% |
Belgium | 87.5 | 50.5 | 54.4 | 112 | 8.6% |
India | 10.1 | 20.2 | 64.1 | 86.8 | 104.8% |
Spain | 25.1 | 24.7 | 39.4 | 42.2 | 18.9% |
France | 33.9 | 35.1 | 32.3 | 33.3 | -0.6% |
Austria | 23.7 | 26.7 | 31.3 | 29.2 | 7.2% |
Denmark | 51.5 | 55.9 | 47.2 | 24.2 | -22.3% |
Poland | 26.3 | 26.4 | 22.3 | 21.0 | -7.2% |
Finland | 22.3 | 44.0 | 44.1 | 15.4 | -11.6% |
Others | 223 | 159 | 194 | 207 | -2.5% |
Total | 1,109 | 1,000 | 1,156 | 1,219 | 3.2% |
Top Suppliers of Gearboxes and Speed Changers to Germany in 2022:
- China (13.7K tons)
- Belgium (12.5K tons)
- Italy (12.4K tons)
- Czech Republic (12.2K tons)
- India (12.0K tons)
- Japan (6.4K tons)
- Spain (3.8K tons)
- Denmark (3.5K tons)
- Switzerland (2.6K tons)
- Poland (1.6K tons)
- Finland (1.6K tons)
- Austria (1.4K tons)
- France (1.3K tons)
This report provides an in-depth analysis of the market for gearboxes and speed changers in Germany. 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 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
- Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
- Prodcom 28152434 - Gear boxes ..., worm gear boxes
- Prodcom 28152440 - Other gear boxes
- Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
- Prodcom 28152473 - Ball or roller screws
- Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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In January 2023, the growth rate reached its peak, showing a significant increase of 33% compared to the previous month. The exports of Flywheels And Pulleys experienced a decline in value, dropping to $128M in July 2023.
The most significant growth rate was seen in January 2023, with a 48% increase compared to the previous month. In terms of value, Cranks And Crankshafts exports decreased sharply to $105M in October 2023.
Exports of Cranks and Crankshafts experienced significant growth, reaching a value of $289 million in June 2023.
Discover the leading countries in the import of gearboxes and speed changers. Explore the key statistics and market insights provided by IndexBox market intelligence platform.
In January 2023, the growth rate reached its peak, showing a significant increase of 33% compared to the previous month. The exports of Flywheels And Pulleys experienced a decline in value, dropping to $128M in July 2023.
The most significant growth rate was seen in January 2023, with a 48% increase compared to the previous month. In terms of value, Cranks And Crankshafts exports decreased sharply to $105M in October 2023.
Exports of Cranks and Crankshafts experienced significant growth, reaching a value of $289 million in June 2023.
Discover the leading countries in the import of gearboxes and speed changers. Explore the key statistics and market insights provided by IndexBox market intelligence platform.