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Italy - Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Feb 28, 2024

Italy's Export of Roller Bearings Drops by 54% to $4.4M in October 2023

Italy Roller Bearing Exports

Roller bearing exports from Italy fell sharply to 129 tons in October 2023, declining by -53.7% on the month before. Over the period under review, exports saw a abrupt slump. The growth pace was the most rapid in May 2023 with an increase of 122% month-to-month. As a result, the exports reached the peak of 576 tons. From June 2023 to October 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, roller bearing exports shrank significantly to $4.4M (IndexBox estimates) in October 2023. Overall, exports saw a noticeable shrinkage. The growth pace was the most rapid in January 2023 when exports increased by 63% month-to-month. Italy Roller Bearing Exports By Country (Thousand USD)

COUNTRY	Export Value of Roller Bearing in Italy (thousand USD)
COUNTRY	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023	Aug 2023	Sep 2023	Oct 2023
Turkey	398	274	412	209	75.3	193	606	508	368	342	712	341	1,287
India	118	114	42.6	256	500	106	247	302	437	134	402	520	444
China	566	567	246	424	277	378	345	381	333	231	133	481	332
United States	149	135	98.4	252	99.0	264	151	108	139	124	234	37.2	195
France	903	1,109	872	1,640	1,268	1,305	1,186	1,717	1,230	899	646	1,209	N/A
Austria	184	209	167	262	230	260	199	306	169	347	91.5	258	N/A
Germany	3,311	3,285	2,341	4,924	3,951	4,320	3,922	3,810	3,146	3,638	2,562	3,925	N/A
Others	2,463	3,149	2,111	2,268	2,299	3,126	2,286	3,541	3,069	2,256	2,500	2,877	2,146
Total	8,091	8,843	6,290	10,236	8,700	9,953	8,942	10,672	8,890	7,972	7,279	9,649	4,403

Exports by Country

In October 2023, NULL, followed by China (6,878 kg) and Turkey (55,423 kg) represented the key exporters of roller bearings, together creating 0.6% of total exports. The following exporters - India (18,965 kg) and the United States (6,218 kg) - each reached a 0.2% share of total exports.

From October 2022 to October 2023, average monthly rates of growth with regard to roller bearing exports from Germany stood at -1.2%. At the same time, India (+14.1%), Turkey (+10.3%), the United States (+9.7%) and Austria (+2.4%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.1% from October 2022-October 2023. France experienced a relatively flat trend pattern. By contrast, China (-8.1%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Turkey ($1.3M) emerged as the largest roller bearing supplier from Italy, comprising 2.2% of global exports. The second position in the ranking was taken by India ($444K), with a 0.8% share of global exports. It was followed by China, with a 0.6% share.

In Turkey, roller bearing exports expanded at an average monthly rate of +10.3% over the period from October 2022 to October 2023. In the other countries, the average monthly rates were as follows: India (+11.7% per month) and China (-4.3% per month).

Export Prices by Country

In October 2023, the roller bearing price stood at $34,133 per ton (FOB, Italy), standing approximately at the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in June 2023 an increase of 80% against the previous month. the Italy export price peaked at $35,857 per ton in February 2023; however, from March 2023 to October 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($48,306 per ton), while Norway ($5,488 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the 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.

Product coverage:

Prodcom 28151090 - Roller bearings (including combined ball/roller bearings) (excluding tapered roller bearings, spherical roller bearings, n eedle roller bearings)

Country coverage:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Italy - Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

Italy's Export of Roller Bearings Drops by 54% to $4.4M in October 2023

Italy Roller Bearing Exports

Exports by Country

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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