France: 2022 Electric Pulley Block and Electric Hoist Market Analysis

 The French market for pulley tackle and hoists powered by an electric motor soared to $X in 2021, growing by X% against the previous year. Overall, consumption showed prominent growth. Consumption of peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, production of pulley tackle and hoists powered by an electric motor soared to $X in 2021 estimated in export price. In general, production showed mild growth. Over the period under review, production of attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Pulley Tackle And Hoists Powered By An Electric Motor

After eight years of decline, foreign shipments of electric motor-driven sheave blocks and cranes increased by X% to X units in 2021. But overall, exports have contracted sharply. During the period under review, exports reached a maximum of X units in 2012; however, from 2013 to 2021, exports remained at low levels.

Exports of electric pulleys and cranes soar to $X by value in 2021. During the review period, however, exports fell sharply. Exports peaked at $X in 2012; however, from 2013 to 2021, exports remained low.

India (X units) was the main export destination for French electric motor driven sheave blocks and cranes, accounting for X% of total exports. In addition, exports of electric motor-driven sheave blocks and hoisting equipment to India exceeded four times that to the second major destination, Spain (unit X). Germany (X units) ranks third with X% of total exports.

From 2012 to 2021, the average annual growth rate of cargo traffic to India is +X%. Exports to other major destinations recorded the following average annual export growth rates: Spain (-X% per annum) and Germany (-X% per annum).

In value terms, India ($X), Morocco ($X) and Finland ($X) make up the world’s largest French export market for electric motor driven sheave blocks and hoists, accounting for X% of total exports. Among the major destination countries, India, with a CAGR of +X%, recorded the highest export value growth rate during the period under review, while the other leading countries recorded a more moderate growth rate in shipments.

Imports of Pulley Tackle And Hoists Powered By An Electric Motor

In 2021, French imports of electric motor-driven sheave blocks and hoists soared to X units, an increase of X% over the 2020 figure. During the period under review, imports recorded significant growth. The most significant growth rate occurred in 2014, which was an X% increase compared to the previous year. During the period under review, imports hit a record high in 2021 and are expected to keep growing in the short term.

Imports of electric pulleys and cranes surge to $X by value in 2021. Overall, total imports expanded moderately from 2012 to 2021: their value grew at an average annual rate of +X% over the nine-year period. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. The fastest growth in 2016 was X%. During the period under review, imports peaked in 2021 and may continue to grow in the near future.

China (unit X), the United States (unit X) and Finland (unit X) are the main suppliers of electric motor-driven sheave blocks and cranes to France, accounting for X% of total imports.

From 2012 to 2021, Finland saw the largest increase (+X% CAGR), while other leaders saw more modest growth in purchasing.

Germany ($X) is the largest supplier of electric motor-driven sheave blocks and cranes to France by value, accounting for X% of total imports. In second place is the United States ($X) with X% of total imports. It is followed by Italy with an X% share.

Average annual value growth in Germany from 2012 to 2021 is +X%. The average annual growth rates of imports for the remaining suppliers are as follows: the United States (+X% per annum) and Italy (+X% per annum).

Statistics of various crane suppliers in France

In value terms, Germany constituted the largest supplier of pulley tackle and hoists powered by an electric motor to France, comprising 43% of total imports. The second position in the ranking was taken by the United States, with a 16% share of total imports. It was followed by Italy, with a 9.5% share.

In value terms, the largest markets for pulley tackle and hoists powered by an electric motor exported from France were India, Morocco and Finland, with a combined 42% share of total exports.

In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $2,015 per unit, dropping by -45.8% against the previous year.

In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $25 per unit, dropping by -36.7% against the previous year.

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France: 2022 Electric Pulley Block and Electric Hoist Market Analysis