France: Electromagnetic Lifting Head Market 2024

Electromagnetic Lifting Head Market Size in France

After three years of growth, the French electromagnetic lifting head market decreased by X% to $X in 2022. In general, consumption saw a resilient expansion. Electromagnetic lifting head consumption peaked at $X in 2021, and then contracted in the following year.

Electromagnetic Lifting Head Production in France

In value terms, electromagnetic lifting head production contracted modestly to $X in 2022 estimated in export price. In general, production saw a noticeable downturn. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Electromagnetic Lifting Head Exports

Exports from France

After two years of growth, overseas shipments of electromagnets and electromagnetic lifting heads decreased by X% to X tons in 2022. Over the period under review, exports continue to indicate a slight decline. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then declined sharply in the following year.

In value terms, electromagnetic lifting head exports contracted modestly to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for electromagnetic lifting head exports from France, accounting for a X% share of total exports. Moreover, electromagnetic lifting head exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), fourfold. The third position in this ranking was taken by China (X tons), with a X% share.

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

In value terms, the largest markets for electromagnetic lifting head exported from France were Germany ($X), China ($X) and the United States ($X), with a combined X% share of total exports. Mexico, Italy, the UK, Belgium, Austria, Turkey, Japan, Hungary, Indonesia and Tunisia lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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 electromagnetic lifting head export price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a 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 China ($X per ton), while the average price for exports to Tunisia ($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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electromagnetic Lifting Head Imports

Imports into France

In 2022, the amount of electromagnets and electromagnetic lifting heads imported into France shrank to X tons, which is down by X% against the year before. The total import volume increased at an average annual rate of X% over the period 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 2017 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2021, and then fell in the following year.

In value terms, electromagnetic lifting head imports contracted significantly to $X in 2022. In general, imports, however, showed prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest electromagnetic lifting head supplier to France, accounting for a X% share of total imports. Moreover, electromagnetic lifting head imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), fourfold. Luxembourg (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Luxembourg (X% per year).

In value terms, Japan ($X) constituted the largest supplier of electromagnets and electromagnetic lifting heads to France, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Japan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average electromagnetic lifting head import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then shrank markedly 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 Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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