India - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Toothed Wheels, Chain Sprockets and Other Transmission Elements in India - 2023
Contents:
- Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in India (CIF) - 2022
- Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in India (FOB) - 2022
- Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in India
- Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in India
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in India (CIF) - 2022
The average import price for toothed wheels, chain sprockets and other transmission elements stood at $14,281 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price continues to indicate a perceptible descent. The growth pace was the most rapid in 2013 an increase of 19%. The import price peaked at $22,252 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($19,887 per ton), while the price for Germany ($10,455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in India (FOB) - 2022
In 2022, the average export price for toothed wheels, chain sprockets and other transmission elements amounted to $8,345 per ton, picking up by 11% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 105% against the previous year. Over the period under review, the average export prices hit record highs at $22,836 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($25,742 per ton), while the average price for exports to France ($3,068 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in India
In 2022, approx. 26K tons of toothed wheels, chain sprockets and other transmission elements were imported into India; with an increase of 7% on 2021 figures. Overall, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of toothed wheels, chain sprockets and other transmission elements expanded sharply to $374M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Toothed Wheels, Chain Sprockets and Other Transmission Elements in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 66.9 | 63.0 | 108 | 121 | 21.8% |
| Germany | 55.5 | 44.8 | 59.9 | 59.3 | 2.2% |
| Belgium | 29.7 | 12.3 | 14.2 | 56.5 | 23.9% |
| United States | 16.9 | 13.6 | 20.3 | 26.8 | 16.6% |
| Netherlands | 6.2 | 10.3 | 60.1 | 23.1 | 55.0% |
| Italy | 13.3 | 13.4 | 19.4 | 20.8 | 16.1% |
| Japan | 13.0 | 14.2 | 18.4 | 15.5 | 6.0% |
| Thailand | 8.5 | 6.8 | 7.2 | 4.2 | -20.9% |
| United Kingdom | 8.2 | 4.0 | 5.3 | 4.1 | -20.6% |
| Others | 35.4 | 24.2 | 38.0 | 42.9 | 6.6% |
| Total | 254 | 206 | 351 | 374 | 13.8% |
Top Suppliers of Toothed Wheels, Chain Sprockets and Other Transmission Elements to India in 2022:
- China (8.9K tons)
- Germany (5.7K tons)
- Belgium (2.8K tons)
- United States (2.1K tons)
- Netherlands (1.9K tons)
- Italy (1.1K tons)
- Japan (1.1K tons)
- Thailand (0.3K tons)
- United Kingdom (0.2K tons)
Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in India
For the fourth consecutive year, India recorded growth in shipments abroad of toothed wheels, chain sprockets and other transmission elements, which increased by 5.7% to 28K tons in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 229% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of toothed wheels, chain sprockets and other transmission elements surged to $234M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 60%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Toothed Wheels, Chain Sprockets and Other Transmission Elements in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 52.4 | 36.8 | 71.5 | 81.4 | 15.8% |
| Germany | 13.1 | 14.0 | 25.4 | 29.3 | 30.8% |
| Italy | 12.6 | 14.3 | 27.4 | 20.8 | 18.2% |
| Belgium | 3.3 | 2.4 | 5.3 | 13.0 | 57.9% |
| Canada | 7.7 | 6.7 | 7.0 | 8.5 | 3.3% |
| United Kingdom | 5.9 | 4.0 | 5.9 | 6.5 | 3.3% |
| Netherlands | 4.8 | 1.1 | 2.1 | 5.8 | 6.5% |
| Mexico | 3.2 | 4.2 | 1.9 | 5.2 | 17.6% |
| Spain | 1.9 | 2.2 | 4.9 | 5.1 | 39.0% |
| Turkey | 4.3 | 3.5 | 3.1 | 4.2 | -0.8% |
| Japan | 3.7 | 2.9 | 4.3 | 3.9 | 1.8% |
| Vietnam | 0.2 | 0.1 | 0.9 | 2.5 | 132.1% |
| France | 1.5 | 1.2 | 1.6 | 1.9 | 8.2% |
| Others | 31.4 | 31.5 | 38.3 | 46.1 | 13.7% |
| Total | 146 | 125 | 200 | 234 | 17.0% |
Top Export Markets for Toothed Wheels, Chain Sprockets and Other Transmission Elements from India in 2022:
- United States (8.5K tons)
- Italy (3.4K tons)
- Germany (2.8K tons)
- Canada (1.9K tons)
- Japan (1.3K tons)
- Turkey (1.2K tons)
- Netherlands (0.9K tons)
- Spain (0.9K tons)
- United Kingdom (0.7K tons)
- Mexico (0.6K tons)
- France (0.6K tons)
- Vietnam (0.5K tons)
- Belgium (0.5K tons)
This report provides an in-depth analysis of the market for toothed wheels, chain sprockets and other transmission elements in India. 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 28153930 - Parts of bearing housings
- Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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