| Product Code: ETC5164478 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The automotive crankshaft import shipments to North Macedonia in 2024 saw a shift in concentration levels, moving from very high concentration in 2023 to high concentration in 2024. Despite a negative growth rate of -36.51% from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 12.07%. Key exporting countries to North Macedonia included China, Czechia, Germany, Italy, and Turkey, indicating a diverse source of imports for the automotive industry in the region.

The Automotive Crankshaft market in North Macedonia is projected to grow at a growing growth rate of 6.48% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Automotive Crankshaft Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Automotive Crankshaft Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Automotive Crankshaft Market - Industry Life Cycle |
3.4 Republic of Macedonia Automotive Crankshaft Market - Porter's Five Forces |
3.5 Republic of Macedonia Automotive Crankshaft Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Republic of Macedonia Automotive Crankshaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Republic of Macedonia Automotive Crankshaft Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Republic of Macedonia Automotive Crankshaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automobiles in Republic of Macedonia |
4.2.2 Technological advancements in automotive crankshaft materials and manufacturing processes |
4.2.3 Growth in the automotive aftermarket industry in the region |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Stringent government regulations related to emissions and fuel efficiency standards |
4.3.3 Competition from alternative technologies such as electric vehicles impacting traditional automotive components market |
5 Republic of Macedonia Automotive Crankshaft Market Trends |
6 Republic of Macedonia Automotive Crankshaft Market Segmentations |
6.1 Republic of Macedonia Automotive Crankshaft Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Automotive Crankshaft Market Revenues & Volume, By Forged steel, 2021-2031F |
6.1.3 Republic of Macedonia Automotive Crankshaft Market Revenues & Volume, By Cast iron/steel, 2021-2031F |
6.1.4 Republic of Macedonia Automotive Crankshaft Market Revenues & Volume, By Machined billet, 2021-2031F |
6.2 Republic of Macedonia Automotive Crankshaft Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Automotive Crankshaft Market Revenues & Volume, By Flat Plane, 2021-2031F |
6.2.3 Republic of Macedonia Automotive Crankshaft Market Revenues & Volume, By Cross Plane, 2021-2031F |
6.3 Republic of Macedonia Automotive Crankshaft Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Automotive Crankshaft Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.3.3 Republic of Macedonia Automotive Crankshaft Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
7 Republic of Macedonia Automotive Crankshaft Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Automotive Crankshaft Market Export to Major Countries |
7.2 Republic of Macedonia Automotive Crankshaft Market Imports from Major Countries |
8 Republic of Macedonia Automotive Crankshaft Market Key Performance Indicators |
8.1 Adoption rate of lightweight and high-strength materials in automotive crankshaft production |
8.2 Number of new entrants or investments in the automotive manufacturing industry in Republic of Macedonia |
8.3 Percentage of vehicles in the country that are older than 5 years, indicating potential aftermarket demand |
9 Republic of Macedonia Automotive Crankshaft Market - Opportunity Assessment |
9.1 Republic of Macedonia Automotive Crankshaft Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Republic of Macedonia Automotive Crankshaft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Republic of Macedonia Automotive Crankshaft Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Republic of Macedonia Automotive Crankshaft Market - Competitive Landscape |
10.1 Republic of Macedonia Automotive Crankshaft Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Automotive Crankshaft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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