U.S.: Flywheels And Pulleys Market 2024

Flywheels And Pulleys Market Size in the U.S.

The U.S. flywheels and pulleys market rose significantly to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption posted a buoyant increase. Flywheels and pulleys consumption peaked in 2022 and is expected to retain growth in the immediate term.

Flywheels And Pulleys Production in the U.S.

In value terms, flywheels and pulleys production rose rapidly to $X in 2022. Over the period under review, the total production indicated a remarkable increase from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Flywheels And Pulleys Exports

Exports from the U.S.

In 2022, approx. X tons of flywheels and pulleys were exported from the United States; declining by X% against 2021. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, flywheels and pulleys exports expanded markedly to $X in 2022. Over the period under review, exports, however, showed a mild expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Mexico (X tons) was the main destination for flywheels and pulleys exports from the United States, accounting for a X% share of total exports. Moreover, flywheels and pulleys exports to Mexico exceeded the volume sent to the second major destination, Canada (X tons), sixfold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Germany (X% per year).

In value terms, the largest markets for flywheels and pulleys exported from the United States were Canada ($X), Mexico ($X) and Germany ($X), together accounting for X% of total exports. France, Japan, China, India and Poland lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded 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

The average flywheels and pulleys export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to India ($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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Flywheels And Pulleys Imports

Imports into the U.S.

In 2022, approx. X tons of flywheels and pulleys were imported into the United States; with an increase of X% against the previous year. Over the period under review, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, flywheels and pulleys imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Japan (X tons) and South Korea (X tons) were the main suppliers of flywheels and pulleys imports to the United States, with a combined X% share of total imports. Mexico, Canada, Germany, the UK, Spain and India 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 Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Canada ($X) constituted the largest flywheels and pulleys suppliers to the United States, with a combined X% share of total imports. Mexico, South Korea, Germany, India, Spain and the UK lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Spain, with a CAGR of X%, saw 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, remaining relatively unchanged against the previous year. In general, the import price, however, showed a drastic downturn. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a 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 Canada ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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