France: Market for Drive-Axles with Differential and Non-Driving Axles 2025

Market Size for Drive-Axles with Differential and Non-Driving Axles in France

The French driving and non-driving axle market dropped notably to $X in 2021, with a decrease of -75.6% against the previous year. In general, consumption continues to indicate a deep downturn. Driving and non-driving axle consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Drive-Axles with Differential and Non-Driving Axles in France

In value terms, driving and non-driving axle production skyrocketed to $X in 2021 estimated in export price. Overall, production showed a pronounced contraction. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Drive-Axles with Differential and Non-Driving Axles

Exports from France

In 2021, the amount of drive-axles with differential and non-driving axles exported from France contracted modestly to X tons, falling by -2% compared with the previous year's figure. Overall, exports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 20%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, driving and non-driving axle exports reached $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 26% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X tons), Italy (X tons) and Germany (X tons) were the main destinations of driving and non-driving axle exports from France, together comprising 45% of total exports. These countries were followed by Spain, Belgium, Brazil, Turkey, the UK, Morocco, the United States, Slovenia, Poland and Slovakia, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +24.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Italy ($X) constituted the largest markets for driving and non-driving axle exported from France worldwide, with a combined 39% share of total exports. Spain, Turkey, the UK, Sweden, Poland, Brazil, Morocco, the United States, Slovakia and Slovenia lagged somewhat behind, together accounting for a further 41%.

In terms of the main countries of destination, Poland, with a CAGR of +24.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average driving and non-driving axle export price stood at $X per ton in 2021, with an increase of 5.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drive-Axles with Differential and Non-Driving Axles

Imports into France

Driving and non-driving axle imports into France soared to X tons in 2021, growing by 21% compared with 2020 figures. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 24%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, driving and non-driving axle imports surged to $X in 2021. Overall, total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 27% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), Germany (X tons) and Sweden (X tons) were the main suppliers of driving and non-driving axle imports to France, with a combined 63% share of total imports. Spain, Japan, China, Turkey, Hungary, Austria, the UK, India and the Czech Republic lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +39.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Sweden ($X) constituted the largest driving and non-driving axle suppliers to France, with a combined 61% share of total imports. These countries were followed by Spain, China, Japan, the UK, Austria, Hungary, Turkey, India and the Czech Republic, which together accounted for a further 28%.

China, with a CAGR of +26.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average driving and non-driving axle import price amounted to $X per ton, picking up by 2.5% against the previous year. Over the last nine years, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 26%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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