France: Market for Gearboxes and Speed Changers 2024

Market Size for Gearboxes and Speed Changers in France

The French gearboxes and speed changers market skyrocketed to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a strong increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Production of Gearboxes and Speed Changers in France

In value terms, gearboxes and speed changers production soared to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt curtailment. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Gearboxes and Speed Changers

Exports from France

After three years of decline, overseas shipments of gearboxes and speed changers increased by X% to X tons in 2022. In general, exports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, gearboxes and speed changers exports expanded slightly to $X in 2022. Over the period under review, exports, however, showed a perceptible decline. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Italy (X tons) and China (X tons) were the main destinations of gearboxes and speed changers exports from France, with a combined X% share of total exports. The United States, Sweden, Australia, Spain, the UK, Belgium, Russia, Turkey, the Netherlands and Denmark lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X), Germany ($X) and Italy ($X) appeared to be the largest markets for gearboxes and speed changers exported from France worldwide, together accounting for X% of total exports. China, the UK, Sweden, Australia, Belgium, Spain, the Netherlands, Russia, Turkey and Denmark lagged somewhat behind, together comprising a further X%.

Australia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average gearboxes and speed changers export price amounted to $X per ton, growing by X% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gearboxes and speed changers export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

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

Imports of Gearboxes and Speed Changers

Imports into France

In 2022, overseas purchases of gearboxes and speed changers were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. The total import volume 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 observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, gearboxes and speed changers imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and China (X tons) were the main suppliers of gearboxes and speed changers imports to France, with a combined X% share of total imports. Japan, the United States, Spain, Turkey, Poland, India and Belgium lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest gearboxes and speed changers suppliers to France were Germany ($X), Italy ($X) and the United States ($X), with a combined X% share of total imports. China, Spain, Japan, Belgium, Poland, India and Turkey lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average gearboxes and speed changers import price amounted to $X per ton, falling by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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