Speed Changer Price in France - 2023
Contents:
- Speed Changer Price in France (CIF) - 2023
- Speed Changer Price in France (FOB) - 2023
- Speed Changer Imports in France
- Speed Changer Exports in France
Speed Changer Price in France (CIF) - 2023
The average speed changer import price stood at $14,817 per ton in May 2023, surging by 3.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in March 2023 an increase of 14% against the previous month. As a result, import price reached the peak level of $15,745 per ton. From April 2023 to May 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($46,391 per ton), while the price for Japan ($6,022 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 Spain (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Speed Changer Price in France (FOB) - 2023
The average speed changer export price stood at $22,923 per ton in May 2023, surging by 2.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in June 2022 when the average export price increased by 16% month-to-month. Over the period under review, the average export prices attained the maximum in May 2023.
There were significant differences in the average prices for the major export markets. In May 2023, the country with the highest price was the United States ($148K per ton), while the average price for exports to Spain ($4,674 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 the United States (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Speed Changer Imports in France
In 2022, the amount of speed changers, industrial high-speed drives and gear imported into France skyrocketed to 75K tons, growing by 20% compared with the year before. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, speed changer imports skyrocketed to $1B in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Speed Changer in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 277 | 232 | 273 | 311 | 3.9% |
| Italy | 132 | 113 | 147 | 172 | 9.2% |
| United States | 111 | 60.7 | 70.0 | 95.7 | -4.8% |
| China | 68.3 | 42.4 | 63.5 | 73.6 | 2.5% |
| Spain | 30.1 | 31.6 | 33.3 | 39.3 | 9.3% |
| Belgium | 17.2 | 24.6 | 28.5 | 33.4 | 24.8% |
| Japan | 31.1 | 16.0 | 23.7 | 28.1 | -3.3% |
| Sweden | 16.1 | 10.8 | 22.8 | 25.1 | 16.0% |
| United Kingdom | 20.7 | 14.3 | 17.4 | 25.0 | 6.5% |
| India | 9.9 | 6.8 | 9.8 | 11.2 | 4.2% |
| South Korea | 16.3 | 3.6 | 4.0 | 8.5 | -19.5% |
| Turkey | 5.5 | 2.0 | 5.0 | 6.2 | 4.1% |
| Others | 184 | 122 | 143 | 181 | -0.5% |
| Total | 919 | 680 | 841 | 1,011 | 3.2% |
Top Suppliers of Speed Changer to France in 2022:
- Germany (20.1K tons)
- Italy (15.3K tons)
- China (9.2K tons)
- Japan (4.9K tons)
- Spain (3.9K tons)
- United States (2.9K tons)
- Sweden (2.4K tons)
- India (1.4K tons)
- Belgium (1.4K tons)
- Turkey (1.2K tons)
- United Kingdom (1.2K tons)
- South Korea (1.2K tons)
Speed Changer Exports in France
Speed changer exports from France rose remarkably to 42K tons in 2022, picking up by 8.4% compared with the previous year. In general, exports, however, continue to indicate a mild curtailment.
In value terms, speed changer exports expanded notably to $845M in 2022. Over the period under review, exports, however, continue to indicate a perceptible setback.
| Export of Speed Changer in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 143 | 130 | 162 | 155 | 2.7% |
| United States | 148 | 87.3 | 77.2 | 96.4 | -13.3% |
| Poland | 101 | 42.4 | 30.2 | 57.8 | -17.0% |
| China | 42.4 | 64.3 | 54.4 | 53.8 | 8.3% |
| United Kingdom | 69.2 | 41.0 | 39.7 | 47.0 | -12.1% |
| Italy | 40.7 | 48.5 | 44.7 | 41.8 | 0.9% |
| Romania | 44.5 | 31.8 | 32.4 | 34.6 | -8.0% |
| Belgium | 61.5 | 23.8 | 16.4 | 31.5 | -20.0% |
| Spain | 26.1 | 21.2 | 22.0 | 22.5 | -4.8% |
| Sweden | 11.7 | 11.1 | 19.0 | 17.9 | 15.2% |
| Netherlands | 18.4 | 14.2 | 16.4 | 15.9 | -4.8% |
| Turkey | 6.5 | 5.1 | 9.3 | 8.9 | 11.0% |
| Slovakia | 5.9 | 6.5 | 8.3 | 8.1 | 11.1% |
| Others | 253 | 212 | 228 | 254 | 0.1% |
| Total | 972 | 739 | 761 | 845 | -4.6% |
Top Export Markets for Speed Changer from France in 2022:
- Germany (10.1K tons)
- Romania (4.7K tons)
- Spain (4.7K tons)
- China (2.6K tons)
- Slovakia (1.7K tons)
- Belgium (1.5K tons)
- Italy (1.4K tons)
- United States (1.3K tons)
- Poland (1.0K tons)
- Sweden (1.0K tons)
- United Kingdom (0.9K tons)
- Turkey (0.7K tons)
- Netherlands (0.7K tons)
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