EU: Cardan Shaft Market 2020

Cardan Shaft Market Size in the EU

The revenue of the cardan shaft market in the European Union amounted to $X in 2017, jumping by X% against the previous year. The cardan shaft consumption continues to indicate a deep decline. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. Over the period under review, the cardan shaft market reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Cardan Shaft Production in the EU

In 2017, approx. X units of cardan shafts were produced in the European Union; dropping by -X% against the previous year. The cardan shaft production continues to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2016, with an increase of X% year-to-year. The volume of cardan shaft production peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Cardan Shaft Exports in the EU

The exports amounted to X units in 2017, coming up by X% against the previous year. The cardan shaft exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2014, with an increase of X% against the previous year. The volume of exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, cardan shaft exports amounted to $X in 2017. The cardan shaft exports continue to indicate a relatively flat trend pattern. In that year, the cardan shaft exports attained their peak level of $X. From 2012 to 2017, growth of the cardan shaft exports stood at a somewhat lower level.

Cardan Shaft Exports by Country in the EU

Germany represented the largest exporting country with an export of about X units, which amounted to X% of total exports. France (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by Belgium (X%) and Italy (X%). The following exporters - Slovakia (X units), the Czech Republic (X units) and the Netherlands (X units) together made up X% of total exports.

Germany was also the fastest growing in terms of the cardan shafts exports, with a CAGR of +X% from 2007 to 2017. At the same time, the Czech Republic (+X%), Belgium (+X%), the Netherlands (+X%), Italy (+X%), Slovakia (+X%) and France (+X%) displayed positive paces of growth. Slovakia (-X%), Italy (-X%), Belgium (-X%), France (-X%) and Germany (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest cardan shaft supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by France ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Germany was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: France (-X% per year) and Italy (+X% per year).

Cardan Shaft Export Prices by Country in the EU

The cardan shaft export price in the European Union stood at $X per thousand units in 2017, coming down by -X% against the previous year. The cardan shaft export price continues to indicate a drastic decrease. The pace of growth appeared the most rapid in 2011, when the export prices increased by X% year-to-year. In that year, the export prices for cardan shafts attained their peak level of $X per unit. From 2012 to 2017, growth of the export prices for cardan shafts failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the Czech Republic ($X per unit), while Belgium ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Slovakia (-X% per year), while the other leaders experienced a decline in the export price figures.

Cardan Shaft Imports in the EU

In 2017, the amount of cardan shafts imported in the European Union stood at X units, growing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014, when it surged by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, cardan shaft imports amounted to $X in 2017. The cardan shaft imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Cardan Shaft Imports by Country in the EU

In 2017, Germany (X units) was the key importer for cardan shafts, constituting X% of total imports. France (X units) held the second position in the ranking, distantly followed by Italy (X units), Poland (X units), the UK (X units) and Belgium (X units). All these countries together held approx. X% share of total imports. The following importers - Hungary (X units), Spain (X units), the Czech Republic (X units), Austria (X units), Sweden (X units) and Romania (X units) together made up X% of total imports.

Imports into Germany increased at an average annual rate of +X% from 2007 to 2017. At the same time, Romania (+X%), Spain (+X%), Italy (+X%), the Czech Republic (+X%) and Hungary (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest growing importer in the European Union, with a CAGR of +X% from 2007-2017. France, Austria, Sweden and Poland experienced a relatively flat trend pattern. By contrast, Belgium (-X%) and the UK (-X%) illustrated a downward trend over the same period. While the share of the UK (X%) increased significantly in terms of the global imports from 2007-2017, the share of Romania (-X%) and Germany (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported cardan shafts in the European Union, making up X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Germany amounted to +X%. In the other countries, the average annual rates were as follows: France (-X% per year) and the UK (+X% per year).

Cardan Shaft Import Prices by Country in the EU

The cardan shaft import price in the European Union stood at $X per unit in 2017, therefore, remained relatively stable against the previous year. The cardan shaft import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when the import prices increased by X% against the previous year. The level of import price peaked of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Austria ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform