Global Electro-Magnetic Coupling Market 2024

Electro-Magnetic Coupling Market Size

The global electro-magnetic coupling market amounted to $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. Over the period under review, the global market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Electro-Magnetic Coupling Production

In value terms, electro-magnetic coupling production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, global production growth remained at a lower figure.

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Electro-Magnetic Coupling Exports

Exports

In 2022, shipments abroad of electro-magnetic couplings, clutches and brakes increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the global exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, electro-magnetic coupling exports expanded rapidly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by X%. The global exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

In 2022, China (X tons) and Germany (X tons) were the largest exporters of electro-magnetic couplings, clutches and brakesin the world, together generating X% of total exports. It was distantly followed by Spain (X tons), France (X tons) and Japan (X tons), together achieving a X% share of total exports. The following exporters - Hong Kong SAR (X tons), Thailand (X tons), South Korea (X tons), Italy (X tons) and the United States (X tons) - together made up X% of total exports.

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

In value terms, Germany ($X), China ($X) and France ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of global exports. Japan, the United States, Spain, Hong Kong SAR, Italy, Thailand and South Korea lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average electro-magnetic coupling export price stood at $X per ton in 2022, standing approx. at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Electro-Magnetic Coupling Imports

Imports

In 2022, overseas purchases of electro-magnetic couplings, clutches and brakes increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume 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 pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of global imports remained at a lower figure.

In value terms, electro-magnetic coupling imports amounted 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 remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of global imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons), followed by China (X tons), Germany (X tons) and the Czech Republic (X tons) represented the major importers of electro-magnetic couplings, clutches and brakes, together comprising X% of total imports. The following importers - Hong Kong SAR (X tons), Italy (X tons), Malaysia (X tons), Belgium (X tons), Mexico (X tons), France (X tons), Finland (X tons), South Korea (X tons) and Nigeria (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of global imports. The Czech Republic, Italy, France, Hong Kong SAR, Mexico, South Korea, Finland, Belgium, Malaysia and Nigeria lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Nigeria, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

The average electro-magnetic coupling import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform