
Italy - Cylindrical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Italy's Price for Cylindrical Roller Bearings Drops 13% to $23.2 per kg
Italy Cylindrical Roller Bearing Import Price in January 2023
In January 2023, the cylindrical roller bearing price stood at $23,225 per ton (CIF, Italy), dropping by -12.7% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 19% month-to-month. As a result, import price reached the peak level of $27,027 per ton. From December 2022 to January 2023, the import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In January 2023, the country with the highest price was France ($34,297 per ton), while Poland ($9,472 per ton) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the other leaders experienced mixed trends in the import price figures.
COUNTRY | Import Price of Cylindrical Roller Bearing in Italy (USD per ton) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | |
France | 22,010 | 45,208 | 27,811 | 36,398 | 43,707 | 40,282 | 14,391 | 20,466 | 31,726 | 27,096 | 40,579 | 64,163 | 34,297 |
Germany | 26,974 | 30,266 | 27,571 | 30,330 | 28,224 | 27,010 | 28,499 | 25,771 | 28,913 | 21,279 | 30,506 | 23,398 | 26,481 |
Netherlands | 20,557 | 19,891 | 20,212 | 23,618 | 12,874 | 22,938 | 21,340 | 23,468 | 17,534 | 19,218 | 21,975 | 21,645 | 18,412 |
China | 11,816 | 10,557 | 10,981 | 10,317 | 11,397 | 11,178 | 10,663 | 10,183 | 11,772 | 12,263 | 13,549 | 17,359 | 12,610 |
Poland | 28,585 | 23,797 | 31,220 | 21,494 | 35,338 | 26,369 | 31,974 | 24,467 | 26,437 | 49,939 | 32,293 | 23,812 | 9,472 |
Average | 23,890 | 24,314 | 24,632 | 23,350 | 24,328 | 25,278 | 22,164 | 21,628 | 24,289 | 22,664 | 27,027 | 26,608 | 23,225 |
Italy Cylindrical Roller Bearing Imports
In January 2023, supplies from abroad of cylindrical roller bearings was finally on the rise to reach 567 tons after three months of decline. Over the period under review, total imports indicated mild growth from January 2022 to January 2023: its volume increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, imports increased by +96.5% against December 2022 indices.
In value terms, cylindrical roller bearing imports surged to $13M (IndexBox estimates) in January 2023. Overall, total imports indicated a mild expansion from January 2022 to January 2023: its value increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, imports increased by +71.5% against December 2022 indices.
Italy Cylindrical Roller Bearing Imports by Country
In January 2023, Germany (245 tons), followed by China (146,667 kg), the Netherlands (86,229 kg) and France (25,897 kg) represented the major importers of cylindrical roller bearings, together constituting 4.4% of total imports. Poland (25,068 kg) held a minor share of total imports.
From January 2022 to January 2023, the biggest increases were in Poland (with a CAGR of +14.3%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($6.5M) constitutes the largest market for imported cylindrical roller bearings into Italy, comprising 2.4% of global imports. The second position in the ranking was taken by China ($1.8M), with a 0.7% share of global imports. It was followed by the Netherlands, with a 0.6% share.
From January 2022 to January 2023, the average monthly rate of growth in terms of value in Germany amounted to +1.3%. In the other countries, the average monthly rates were as follows: China (+1.1% per month) and the Netherlands (+4.9% per month).
This report provides an in-depth analysis of the cylindrical roller bearing market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET
Join our live webinar to get insights into cooling innovations in the oil and gas industry.
Monday, November 2nd, 2020 @ 04:00 pm ET