Ball Bearing Parts Market
Ball bearing parts market: get the latest facts and figures empowered by an Ai-driven market intelligence tool. Datasets cover companies, market prices, production, consumption, imports, exports, market size, and trade. There is a breakdown by country, including the Middle East, EU, the U.K., Russia, China, Latin America, the U.S., and Africa. Market insights and outlook to 2030 are also featured in the dashboards.
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Ball Bearing Parts - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | India |
3 | Russia |
4 | United States |
5 | Mexico |
In value terms, China, India and Russia constituted the countries with the highest levels of market value in 2021, together comprising 35% of the global market. These countries were followed by the United States, Mexico, Japan, Italy, Thailand, Germany, France, South Korea and Turkey, which together accounted for a further 33%.
France (+75.6% per year) saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while ball bearing parts market for the other global leaders experienced more modest paces of growth.
Ball Bearing Parts Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
China | 4279 | 4088 | 4070 | -2.5% |
Bosnia and Herzegovina | 4205 | 4192 | 4240 | 0.4% |
South Korea | 4724 | 4089 | 4395 | -3.5% |
Bulgaria | 4786 | 4678 | 4764 | -0.2% |
India | 7298 | 7446 | 5533 | -12.9% |
France | 8921 | 7911 | 8346 | -3.3% |
Japan | 7817 | 8430 | 9029 | 7.5% |
Italy | 8450 | 8566 | 10828 | 13.2% |
Romania | 12962 | 10971 | 13080 | 0.5% |
United States | 42879 | 40437 | 13885 | -43.1% |
Germany | 17495 | 15475 | 16967 | -1.5% |
Average | 7976 | 7979 | 7458 | -3.3% |
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($16,967 per ton), while China ($4,070 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
China | 13832 | 13847 | 13840 | 0.0% |
Italy | 8394 | 8290 | 9260 | 5.0% |
Romania | 5716 | 6686 | 8989 | 25.4% |
Germany | 8508 | 7592 | 8559 | 0.3% |
Mexico | 8286 | 7594 | 8170 | -0.7% |
South Korea | 7983 | 7783 | 7894 | -0.6% |
Thailand | 6806 | 8220 | 7268 | 3.3% |
India | 6758 | 6061 | 7008 | 1.8% |
United States | 7147 | 8001 | 6447 | -5.0% |
Brazil | 5509 | 4905 | 5364 | -1.3% |
Slovakia | 5120 | 3770 | 4580 | -5.4% |
Austria | 4462 | 4338 | 4574 | 1.2% |
France | 6238 | 2922 | 4078 | -19.1% |
Average | 7800 | 6964 | 7465 | -2.2% |
Prices varied noticeably by the country of destination; the country with the highest price was China ($13,840 per ton), while France ($4,078 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Romania, while the other global leaders experienced more modest paces of growth.
Ball Bearing Parts - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
Germany | 0.7 | 0.6 | 0.7 | -0.2% |
United States | 0.6 | 0.4 | 0.6 | -0.6% |
France | 0.3 | 0.3 | 0.4 | 27.9% |
China | 0.3 | 0.4 | 0.4 | 5.5% |
Italy | 0.3 | 0.2 | 0.3 | 0.6% |
In value terms, the largest ball bearing parts importing markets worldwide were Germany ($746M), the United States ($590M) and France ($436M), together comprising 35% of global imports.
France recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Ball Bearing Parts - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
China | 0.9 | 0.7 | 1.2 | 15.7% |
Germany | 0.7 | 0.7 | 0.8 | 9.0% |
Japan | 0.7 | 0.5 | 0.8 | 5.9% |
Romania | 0.3 | 0.2 | 0.3 | -9.8% |
United States | 0.3 | 0.2 | 0.3 | -4.6% |
In value terms, the largest ball bearing parts supplying countries worldwide were China ($1.2B), Germany ($829M) and Japan ($793M), with a combined 55% share of global exports. Romania, the United States, India, France, South Korea, Italy, Bosnia and Herzegovina and Bulgaria lagged somewhat behind, together comprising a further 25%.
Bosnia and Herzegovina saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Ball Bearing Parts - Market Forecast
Driven by increasing demand for ball bearing parts worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Ball Bearing Parts - Product Coverage
- HS 848299 - Bearings; parts, (other than balls, needles and rollers)
This report provides an in-depth analysis of the global ball bearing parts market.
This report provides an in-depth analysis of the ball bearing parts market in Africa.
This report provides an in-depth analysis of the ball bearing parts market in Central Asia.
This report provides an in-depth analysis of the ball bearing parts market in Eastern Asia.
This report provides an in-depth analysis of the ball bearing parts market in Latin America and the Caribbean.
This report provides an in-depth analysis of the ball bearing parts market in Australia and Oceania.
This report provides an in-depth analysis of the ball bearing parts market in Northern America.
This report provides an in-depth analysis of the ball bearing parts market in the Middle East.
This report provides an in-depth analysis of the ball bearing parts market in South-Eastern Asia.
This report provides an in-depth analysis of the ball bearing parts market in Southern Asia.
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