World - Ball Bearings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

World - Ball Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Ball Bearing Market

Ball bearing market: discover the most recent facts and figures empowered by an Ai-driven market research platform. Statistics provide market prices, consumption, exports, production, companies, market size, trade, and imports. Here is a split by region, including Russia, Africa, EU, the U.K., the U.S., Latin America, China, and the Middle East. Market dynamics and outlook to 2030 are also featured in the snapshots.


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Ball Bearing - World's Largest Markets

RatingCountry
1China
2India
3United States
4Japan
5Indonesia

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.

From 2018 to 2020, the average annual growth rate of value in China totaled -13.6%. In the other countries, the average annual rates were as follows: India (-12.3% per year) and the United States (-6.5% per year).

Ball Bearing Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Spain1103196558136-14.1%
Poland9032897694492.3%
South Korea903410609109199.9%
Italy140891413613523-2.0%
Slovakia1250012574139865.8%
Netherlands148931485214105-2.7%
China250841777217677-16.1%
Japan1807617558189072.3%
France241762171921145-6.5%
United States2226122341227311.1%
Thailand235972155022760-1.8%
Singapore250842477724470-1.2%
Germany2646826557265520.2%
Average189981807518049-2.5%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($26,552 per ton), while Spain ($8,136 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
India1875019258209905.8%
France188361892716645-6.0%
Germany176751540416089-4.6%
South Korea166341585014667-6.1%
China187361380413983-13.6%
Italy1280211646134752.6%
United States135711320112276-4.9%
Netherlands125671199911468-4.5%
Mexico127581142711016-7.1%
Indonesia15809119858559-26.4%
Brazil1062457467913-13.7%
Russia907287287734-7.7%
United Arab Emirates1671656225363-43.4%
Average159171385213802-6.9%

Prices varied noticeably by the country of destination; the country with the highest price was India ($20,990 per ton), while the United Arab Emirates ($5,363 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced mixed trends in the import price figures.

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Ball Bearing - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China1.51.41.50.5%
Germany2.21.81.5-19.4%
United States1.31.31-12.0%
Mexico0.60.50.4-11.7%
Italy0.60.50.4-16.7%

In value terms, China ($1.5B), Germany ($1.5B) and the United States ($1B) appeared to be the countries with the highest levels of imports in 2020, with a combined 34% share of global imports.

China saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Ball Bearing - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China2.82.72.5-6.1%
Germany1.91.71.6-8.5%
Japan1.91.81.5-13.7%
Italy10.90.7-14.8%
France0.90.80.6-16.2%

In value terms, the largest ball bearing supplying countries worldwide were China ($2.5B), Germany ($1.6B) and Japan ($1.5B), together comprising 46% of global exports. These countries were followed by Italy, France, the United States, the Netherlands, South Korea, Singapore, Thailand, Poland, Slovakia and Spain, which together accounted for a further 33%.

Among the main exporting countries, the Netherlands saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Ball Bearing - Market Forecast

Driven by rising demand for ball bearing worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Ball Bearing - Top Companies

NTN CORPORATION, The Timken Company, CHENG DU NSK BEARING CO.,LTD, Schaeffler Group USA Inc., SKF GmbH, Forbo International SA, SKF INDUSTRIE SPA, Rbs Global, Inc., Rbc Bearings Incorporated, Kaydon Corporation, Nn, Inc., BELIMO Automation AG, OILES CORPORATION, NIPPON THOMPSON CO., LTD., Schaeffler Skalica, spol. s r.o., Roller Bearing Company of America, Inc., NAKANISHI METAL WORKS CO., LTD., SKF Österreich Aktiengesellschaft, SKF INDIA LIMITED, Tianma Bearing Group Co., Ltd.

Ball Bearing - Product Coverage

  • HS 848210 - Ball bearings

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global ball bearing market. 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 28151030 - Ball bearings

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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