Tunisia: Cranks And Crankshafts Market 2025

Cranks And Crankshafts Market Size in Tunisia

The Tunisian cranks and crankshafts market shrank dramatically to $X in 2022, with a decrease of -17.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Cranks And Crankshafts Exports

Exports from Tunisia

In 2022, approx. X tons of cranks and crankshafts were exported from Tunisia; increasing by 5.7% compared with 2021 figures. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 348%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, cranks and crankshafts exports dropped dramatically to $X in 2022. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 415% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for cranks and crankshafts exports from Tunisia, accounting for a 39% share of total exports. Moreover, cranks and crankshafts exports to China exceeded the volume sent to the second major destination, Algeria (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to China totaled +128.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (+10.5% per year) and Germany (+37.7% per year).

In value terms, Nigeria ($X) remains the key foreign market for cranks and crankshafts exports from Tunisia, comprising 56% of total exports. The second position in the ranking was held by China ($X), with a 14% share of total exports. It was followed by Algeria, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria amounted to +93.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+66.9% per year) and Algeria (-1.5% per year).

Export Prices by Country

The average cranks and crankshafts export price stood at $X per ton in 2022, declining by -21.6% against the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2014 an increase of 23% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to the UK ($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 Nigeria (+13.5%), while the prices for the other major destinations experienced a decline.

Cranks And Crankshafts Imports

Imports into Tunisia

Cranks and crankshafts imports into Tunisia contracted to X tons in 2022, waning by -14.4% on the previous year's figure. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 130%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, cranks and crankshafts imports reduced rapidly to $X in 2022. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 124%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Turkey (X tons) and India (X tons) were the main suppliers of cranks and crankshafts imports to Tunisia, with a combined 53% share of total imports. Italy, Spain, Hong Kong SAR, Germany, France, the United States and Taiwan (Chinese) lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of +70.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Turkey ($X) constituted the largest cranks and crankshafts suppliers to Tunisia, with a combined 44% share of total imports. France, China, Spain, India, the United States, Hong Kong SAR and Taiwan (Chinese) lagged somewhat behind, together comprising a further 38%.

Hong Kong SAR, with a CAGR of +60.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cranks and crankshafts import price stood at $X per ton in 2022, dropping by -4.2% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cranks and crankshafts import price increased by +14.5% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 France ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform