Germany: Transmission Shaft Market 2022

Transmission Shaft Market Size in Germany

In 2021, the German transmission shaft market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Transmission Shaft Production in Germany

In value terms, transmission shaft production expanded sharply to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Transmission Shaft Exports

Exports from Germany

In 2021, shipments abroad of transmission shafts and cranks, bearing housings and plain shaft bearings, gears and gearing and articulated link chain increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports showed a relatively flat trend pattern. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, transmission shaft exports rose notably to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Austria (X tons) and China (X tons) were the main destinations of transmission shaft exports from Germany, together accounting for X% of total exports. These countries were followed by France, Denmark, Hungary, Sweden, Italy, the UK, Slovakia, Poland, the Czech Republic and Spain, which together accounted for a further X 2012 to 2021, the biggest increases were in Slovakia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and France ($X) constituted the largest markets for transmission shaft exported from Germany worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, China, with a CAGR of +X%, 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

In 2021, the average transmission shaft export price amounted to $X per ton, picking up by less than X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Shaft Imports

Imports into Germany

In 2021, overseas purchases of transmission shafts and cranks, bearing housings and plain shaft bearings, gears and gearing and articulated link chain were finally on the rise to reach X tons for the first time since 2018, 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 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, transmission shaft imports soared to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Italy (X tons) and the Czech Republic (X tons) were the main suppliers of transmission shaft imports to Germany, together accounting for X% of total imports. France, India, the UK, Spain, Poland, Hungary, Slovakia, Turkey, Austria and Belgium lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in the UK (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest transmission shaft suppliers to Germany were China ($X), Italy ($X) and France ($X), together comprising X% of total imports.

China, with a CAGR of +X%, 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 transmission shaft import price stood at $X per ton in 2021, growing by less than X% against the previous year. Over the period under review, the import price, however, showed a mild reduction. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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