Europe: Electro-Magnetic Coupling Market 2024

Electro-Magnetic Coupling Market Size in Europe

The Europe electro-magnetic coupling market reduced modestly to $X in 2022, almost unchanged from the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Electro-Magnetic Coupling Production in Europe

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 X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Electro-Magnetic Coupling Exports

Exports in Europe

In 2022, exports of electro-magnetic couplings, clutches and brakes in Europe rose markedly to X tons, picking up by X% compared with the previous year's figure. In general, exports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, electro-magnetic coupling exports rose remarkably to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany represented the key exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by Spain (X tons) and France (X tons), together committing a X% share of total exports. The following exporters - Italy (X tons), Poland (X tons), the UK (X tons) and Austria (X tons) - together made up X% of total exports.

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

In value terms, Germany ($X) remains the largest electro-magnetic coupling supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Germany totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and Spain (X% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while Spain ($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 (X%), while the other leaders experienced more modest paces of growth.

Electro-Magnetic Coupling Imports

Imports in Europe

In 2022, purchases abroad of electro-magnetic couplings, clutches and brakes was finally on the rise to reach X tons after four years of decline. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, electro-magnetic coupling imports rose to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of electro-magnetic coupling imports in 2022 were Germany (X tons), the Czech Republic (X tons), Italy (X tons), Belgium (X tons), France (X tons), Finland (X tons), Poland (X tons), Austria (X tons), Switzerland (X tons), Romania (X tons), Spain (X tons) and Russia (X tons), together resulting at X% of total import.

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

In value terms, the largest electro-magnetic coupling importing markets in Europe were Germany ($X), the Czech Republic ($X) and Italy ($X), with a combined X% share of total imports. France, Austria, Poland, Switzerland, Romania, Finland, Belgium, Spain and Russia lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform