Germany: Flywheels And Pulleys Market 2024

Flywheels And Pulleys Market Size in Germany

The German flywheels and pulleys market soared to $X in 2022, increasing by X% against the previous year. In general, consumption, however, continues to indicate a abrupt downturn. Flywheels and pulleys consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Flywheels And Pulleys Production in Germany

In value terms, flywheels and pulleys production fell modestly to $X in 2022 estimated in export price. In general, production showed a mild shrinkage. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Flywheels And Pulleys Exports

Exports from Germany

In 2022, the amount of flywheels and pulleys exported from Germany reduced to X tons, dropping by X% against the previous year's figure. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, flywheels and pulleys exports shrank to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X tons), the UK (X tons) and China (X tons) were the main destinations of flywheels and pulleys exports from Germany, together accounting for X% of total exports. France, the Czech Republic, the Netherlands, Hungary, Sweden, the United States, Austria, Italy, Mexico and Slovakia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and France ($X) were the largest markets for flywheels and pulleys exported from Germany worldwide, together comprising X% of total exports. The UK, Italy, the United States, Hungary, Austria, the Czech Republic, Slovakia, Mexico, the Netherlands and Sweden lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average flywheels and pulleys export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average 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 Italy ($X per ton), while the average price for exports to Sweden ($X 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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Flywheels And Pulleys Imports

Imports into Germany

In 2022, supplies from abroad of flywheels and pulleys increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, flywheels and pulleys imports declined to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Hungary (X tons) and Italy (X tons) were the main suppliers of flywheels and pulleys imports to Germany, with a combined X% share of total imports. The Czech Republic, Turkey, Slovakia, Romania, Poland, India, South Korea, Spain, France and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Hungary ($X) and Italy ($X) appeared to be the largest flywheels and pulleys suppliers to Germany, together accounting for X% of total imports. The Czech Republic, Slovakia, Romania, Turkey, France, Poland, the United States, South Korea, Spain and India lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average flywheels and pulleys import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 France ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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