India: Electro-Magnetic Coupling Market 2025

Electro-Magnetic Coupling Market Size in India

The Indian electro-magnetic coupling market was estimated at $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Electro-magnetic coupling consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Electro-Magnetic Coupling Production in India

In value terms, electro-magnetic coupling production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 17% against the previous year. Electro-magnetic coupling production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Electro-Magnetic Coupling Exports

Exports from India

In 2022, exports of electro-magnetic couplings, clutches and brakes from India soared to X tons, increasing by 27% against 2021. In general, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 109%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, electro-magnetic coupling exports soared to $X in 2022. Over the period under review, exports recorded a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 108% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons), Germany (X tons) and Sweden (X tons) were the main destinations of electro-magnetic coupling exports from India, together comprising 65% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +204.7%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Sweden ($X) constituted the largest markets for electro-magnetic coupling exported from India worldwide, with a combined 59% share of total exports.

In terms of the main countries of destination, Sweden, with a CAGR of +166.2%, saw the highest growth rate of 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 electro-magnetic coupling export price stood at $X per ton in 2022, surging by 5.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2014 an increase of 32% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Brazil ($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 Italy (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electro-Magnetic Coupling Imports

Imports into India

For the third consecutive year, India recorded growth in supplies from abroad of electro-magnetic couplings, clutches and brakes, which increased by 25% to X tons in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +134.1% against 2017 indices. The pace of growth was the most pronounced in 2018 when imports increased by 68%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, electro-magnetic coupling imports soared to $X in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest electro-magnetic coupling supplier to India, with a 59% share of total imports. Moreover, electro-magnetic coupling imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. South Korea (X tons) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.0% per year) and South Korea (+20.4% per year).

In value terms, Germany ($X), China ($X) and the United States ($X) appeared to be the largest electro-magnetic coupling suppliers to India, together accounting for 79% of total imports.

Among the main suppliers, the United States, with a CAGR of +13.9%, saw the highest rates of growth with regard to 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 electro-magnetic coupling import price amounted to $X per ton, rising by 22% against the previous year. Overall, the import price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 38% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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