In 2021, after five years of decline, the Indian electric pulley block and hoist market finally began to rise, reaching X dollars. From 2012 to 2021, the average annual growth of market value will be+X%; The trend pattern indicates that some significant fluctuations were recorded throughout the analysis period. In 2015, the consumption reached the peak of $X; However, consumption will decline from 2016 to 2021.
In terms of value, the output of motor driven pulley blocks and hoists significantly expand to the estimated export price of USD X in 2021. However, in general, the output showed a relatively gentle trend. The growth rate in 2014 was the most obvious, with an increase of X% over the previous year. During the reporting period, the output reached a record $X in 2015; However, from 2016 to 2021, production has not recovered.
After four years of growth, the overseas shipment of electric pulley blocks and hoists decreased by - X% to X units in 2021. However, in general, exports continue to show a relatively gentle trend. In 2017, the growth rate was the fastest, with exports growing by X%. During the reporting period, the export reached a record high of X sets in 2020, and then shrank sharply in the second year.
In terms of value, the export of pulley skids and hoists driven by electric motors will drop significantly to $X in 2021. However, during the reporting period, exports grew elastically. The growth rate in 2017 was the most obvious, with exports growing by X% year on year. Exports peaked at $X in 2020 and then declined significantly in the following year.
Nepal (X sets), إسبانيا (X sets) and ألمانيا (X sets) are the main export destinations of pulley blocks and hoists driven by Indian motors, accounting for X% of the total exports.
From 2012 to 2021, Germany has the largest growth rate (CAGR+X%), while the growth rate of shipments of other leading countries is moderate. In terms of value, the الولايات المتحدة (US $X), Spain (US $X) and Germany (US $X) are the world's largest pulley block and electric hoist markets exported from الهند, accounting for X% of total exports. بنغلاديش, نيجيريا, ماليزيا، الإمارات العربية المتحدة, البرتغال, Nepal, عمان, Burundi, Senegal and Liberia are slightly behind. Together, they account for X countries, with a compound annual growth rate of+X%. For the major destination countries during the reporting period, these countries have the highest export value growth rate, while other major countries have moderate export growth rates.
In 2021, about. X sets of pulley blocks and hoists driven by motors were imported from India; X% more than last year. In general, imports continued to grow significantly. In 2017, the import growth rate was the fastest, with a year-on-year growth of X%. Imports will peak in 2021 and are expected to keep growing in the short term.
In terms of value, the import of pulley block and hoist driven by electric motor will soar to $X in 2021. On the whole, there has been an elastic increase in imports. The most significant growth rate occurred in 2017, with a year-on-year growth of X%. As a result, imports reached a peak of $X. From 2018 to 2021, the import growth rate will remain at a low level.
In 2021, China (X sets) will constitute India's largest pulley block and hoist powered by motor suppliers, accounting for X% of the total import share. In addition, the pulley blocks and motor driven cranes imported from China are 6 times more than those from Nepal (X sets), the second largest supplier. Germany ranks third (X units) with a share of X%.
From 2012 to 2021, the average annual growth rate of exports from China will remain at+X%. The average annual import growth rate of the remaining supplier countries is as follows: Nepal (+X% per year) and Germany (+X% per year).
In terms of value, Germany (US $X), China (US $X) and فرنسا (US $X) constitute India's largest pulley block and crane powered by motor suppliers, accounting for X% of the total imports. During the reporting period, as far as major suppliers are concerned, France recorded the highest growth rate of import value with a compound annual growth rate of+X%, while procurement from other major countries experienced a moderate growth pace.
In value terms, the largest pulley tackle and hoists powered by an electric motor suppliers to India were Germany, China and France, with a combined 70% share of total imports.
In value terms, the largest markets for pulley tackle and hoists powered by an electric motor exported from India were the United States, Spain and Germany, with a combined 52% share of total exports. Bangladesh, Nigeria, Malaysia, the United Arab Emirates, Portugal, Nepal, Oman, Burundi, Senegal and Liberia lagged somewhat behind, together comprising a further 29%.
In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $824 per unit, almost unchanged from the previous year.
The average import price for pulley tackle and hoists powered by an electric motor stood at $248 per unit in 2021, falling by -44.4% against the previous year.
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