France: Gear Box Market 2025

Gear Box Market Size in France

In 2022, the French gear box market decreased by -35% to $X, falling for the fourth consecutive year after three years of growth. In general, consumption recorded a perceptible shrinkage. Gear box consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Gear Box Production in France

In value terms, gear box production declined slightly to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 13% against the previous year. Gear box production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Gear Box Exports

Exports from France

In 2022, approx. X units of gear boxes were exported from France; stabilizing at 2021. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 15%. Over the period under review, the exports reached the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, gear box exports contracted to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 17% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for gear box exports from France, with a 31% share of total exports. Moreover, gear box exports to Germany exceeded the volume sent to the second major destination, Spain (X units), twofold. Italy (X units) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-2.2% per year) and Italy (-3.1% per year).

In value terms, Germany ($X) remains the key foreign market for gear boxes exports from France, comprising 32% of total exports. The second position in the ranking was taken by Spain ($X), with a 14% share of total exports. It was followed by South Korea, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-0.1% per year) and South Korea (+53.6% per year).

Export Prices by Country

The average gear box export price stood at $X per unit in 2022, reducing by -10.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 19%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Gear Box Imports

Imports into France

In 2022, supplies from abroad of gear boxes increased by 5.1% to X units, rising for the second consecutive year after three years of decline. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 32% against the previous year. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, gear box imports fell slightly to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 26%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of gear box to France, accounting for a 40% share of total imports. Moreover, gear box imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X units), threefold. The third position in this ranking was held by Spain (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+6.2% per year) and Spain (-2.1% per year).

In value terms, Germany ($X) constituted the largest supplier of gear boxes to France, comprising 38% of total imports. The second position in the ranking was held by Sweden ($X), with a 17% share of total imports. It was followed by Poland, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+3.7% per year) and Poland (+10.9% per year).

Import Prices by Country

In 2022, the average gear box import price amounted to $X per unit, declining by -7.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 39%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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