Report World - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 29, 2022

World - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights
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Overview of the Global Market for Machines For Balancing Mechanical Parts

Market Size for Machines For Balancing Mechanical Parts

In 2021, the global balancing mechanical parts machine market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the global market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Machines For Balancing Mechanical Parts

In value terms, balancing mechanical parts machine production stood at $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, global production growth remained at a somewhat lower figure.

Production By Country

The countries with the highest volumes of in 2021 were China (X units), the United States (X units) and India (X units), together accounting for X% of global production. These countries were followed by Italy, Germany, Japan, Russia, Thailand, Indonesia, Mexico, Turkey, Saudi Arabia and Democratic Republic of the Congo, which together accounted for a further X 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

Exports of Machines For Balancing Mechanical Parts

Exports

In 2021, overseas shipments of machines for balancing mechanical parts increased by X% to X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, saw a perceptible shrinkage. The global exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, balancing mechanical parts machine exports soared to $X in 2021. In general, exports, however, saw a perceptible descent. Over the period under review, the global exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy was the major exporter of machines for balancing mechanical parts in the world, with the volume of exports amounting to X units, which was near X% of total exports in 2021. Germany (X units) took the second position in the ranking, followed by Japan (X units), the United States (X units) and Thailand (X units). All these countries together took approx. X% share of total exports. Poland (X units), China (X units), the UK (X units), Spain (X units), South Korea (X units) and India (X units) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to balancing mechanical parts machine exports from Italy stood at -X%. At the same time, Thailand (+X%), Poland (+X%), the UK (+X%), Spain (+X%), India (+X%) and China (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. The United States experienced a relatively flat trend pattern. By contrast, Japan (-X%), Germany (-X%) and South Korea (-X%) illustrated a downward trend over the same period. Thailand (+X p.p.), Poland (+X p.p.), the United States (+X p.p.) and the UK (+X p.p.) significantly strengthened its position in terms of the global exports, while South Korea, Italy and Germany saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Italy ($X) and Japan ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising X% of global exports. Germany, China, the UK, Spain, Thailand, South Korea, Poland and India lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average balancing mechanical parts machine export price stood at $X per unit in 2021, surging by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the other global leaders experienced more modest paces of growth.

Imports of Machines For Balancing Mechanical Parts

Imports

In 2021, supplies from abroad of machines for balancing mechanical parts was finally on the rise to reach X units after two years of decline. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, balancing mechanical parts machine imports expanded markedly to $X in 2021. Over the period under review, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, global imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units), distantly followed by Germany (X units), the United States (X units) and Poland (X units) represented the major importers of machines for balancing mechanical parts, together achieving X% of total imports. Thailand (X units), the UK (X units), Spain (X units), Japan (X units), Italy (X units), Indonesia (X units), France (X units), Romania (X units) and Turkey (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the machines for balancing mechanical parts imports, with a CAGR of +X% from 2012 to 2021. At the same time, Poland (+X%), Romania (+X%), the United States (+X%), Japan (+X%), Turkey (+X%), Germany (+X%) and the UK (+X%) displayed positive paces of growth. Italy and Thailand experienced a relatively flat trend pattern. By contrast, Spain (-X%), France (-X%) and Indonesia (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and Poland increased by +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the United States ($X) and Germany ($X) were the countries with the highest levels of imports in 2021, with a combined X% share of global imports. These countries were followed by Thailand, the UK, Poland, Turkey, Indonesia, France, Italy, Spain, Japan and Romania, which together accounted for a further X the main importing countries, Poland, 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 global leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the average balancing mechanical parts machine import price amounted to $X per unit, dropping by -X% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Global import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for balancing mechanical parts in the world?
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The countries with the highest volumes of in 2021 were China, the United States and Germany, with a combined 44% share of global consumption. India, Japan, Russia, Thailand, Indonesia, Turkey, Mexico, Poland, Saudi Arabia and Italy lagged somewhat behind, together comprising a further 33%.
What are the largest producers of machines for balancing mechanical parts in the world?
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The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 40% of global production. Italy, Germany, Japan, Russia, Thailand, Indonesia, Mexico, Turkey, Saudi Arabia and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 48%.
What are the leading suppliers of machines for balancing mechanical parts in the world?
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In value terms, the largest balancing mechanical parts machine supplying countries worldwide were the United States, Italy and Japan, together comprising 56% of global exports. These countries were followed by Germany, China, the UK, Spain, Thailand, South Korea, Poland and India, which together accounted for a further 34%.
What are the leading importers of machines for balancing mechanical parts in the world?
+
In value terms, China, the United States and Germany constituted the countries with the highest levels of imports in 2021, with a combined 29% share of global imports. These countries were followed by Thailand, the UK, Poland, Turkey, Indonesia, France, Italy, Spain, Japan and Romania, which together accounted for a further 23%.
What is the average export price for machines for balancing mechanical parts in the world?
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In 2021, the average balancing mechanical parts machine export price amounted to $305 per unit, increasing by 6.3% against the previous year.
What is the average import price for machines for balancing mechanical parts in the world?
+
The average balancing mechanical parts machine import price stood at $128 per unit in 2021, shrinking by -17.9% against the previous year.

This report provides an in-depth analysis of the global market for balancing mechanical parts machine. 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 28993970 - Machines for balancing mechanical parts

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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