Canada - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Parts Price in Canada - 2023
Contents:
- Ball Bearing Parts Price in Canada (CIF) - 2022
- Ball Bearing Parts Price in Canada (FOB) - 2022
- Ball Bearing Parts Imports in Canada
- Ball Bearing Parts Exports in Canada
Ball Bearing Parts Price in Canada (CIF) - 2022
The average ball bearing parts import price stood at $14,070 per ton in 2022, which is down by -3.8% against the previous year. Overall, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2014 an increase of 10%. As a result, import price attained the peak level of $19,098 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($14,070 per ton) and the United States ($14,070 per ton), while the price for Slovakia ($14,070 per ton) and South Korea ($14,070 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.1%), while the prices for the other major suppliers experienced a decline.
Ball Bearing Parts Price in Canada (FOB) - 2022
In 2022, the average ball bearing parts export price amounted to $17,643 per ton, with a decrease of -11.5% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 19%. As a result, the export price attained the peak level of $19,927 per ton, and then shrank in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($17,631 per ton) and the United States ($17,631 per ton), while the average price for exports to Germany ($17,631 per ton) and Poland ($17,631 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.2%), while the prices for the other major destinations experienced more modest paces of growth.
Ball Bearing Parts Imports in Canada
In 2022, approx. 7.5K tons of parts of ball or roller bearings were imported into Canada; picking up by 3.3% on the previous year. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, ball bearing parts imports shrank modestly to $105M in 2022. Overall, imports, however, showed a slight decline. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year.
| Import of Ball Bearing Parts in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 35.5 | 30.2 | 33.1 | 33.8 | -1.6% |
| China | 24.6 | 21.1 | 27.5 | 28.1 | 4.5% |
| Japan | 21.2 | 16.8 | 21.4 | 13.8 | -13.3% |
| Germany | 9.0 | 6.5 | 8.1 | 9.0 | 0.0% |
| Taiwan (Chinese) | 2.0 | 1.3 | 1.4 | 2.7 | 10.5% |
| India | 1.4 | 1.2 | 1.8 | 2.7 | 24.5% |
| South Korea | 1.1 | 1.2 | 2.1 | 2.5 | 31.5% |
| Romania | 1.8 | 1.8 | 1.5 | 2.4 | 10.1% |
| Slovakia | 4.4 | 1.4 | 1.3 | 1.7 | -27.2% |
| Others | 7.3 | 6.3 | 7.5 | 8.5 | 5.2% |
| Total | 108 | 87.7 | 106 | 105 | -0.9% |
Top Suppliers of Ball Bearing Parts to Canada in 2022:
- United States (2401.4 tons)
- China (1995.7 tons)
- Japan (977.3 tons)
- Germany (641.1 tons)
- Taiwan (Chinese) (192.4 tons)
- India (189.1 tons)
- South Korea (176.1 tons)
- Romania (169.2 tons)
- Slovakia (118.7 tons)
Ball Bearing Parts Exports in Canada
In 2022, after two years of decline, there was significant growth in shipments abroad of parts of ball or roller bearings, when their volume increased by 27% to 2.1K tons. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ball bearing parts exports rose markedly to $37M in 2022. In general, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ball Bearing Parts in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.8 | 28.3 | 28.3 | 32.9 | 3.4% |
| Mexico | 0.2 | 0.9 | 0.9 | 0.9 | 65.1% |
| Poland | 1.1 | 0.3 | 0.4 | 0.6 | -18.3% |
| Germany | 0.8 | 0.6 | 0.5 | 0.3 | -27.9% |
| Others | 4.2 | 1.9 | 2.2 | 1.8 | -24.6% |
| Total | 36.1 | 32.0 | 32.4 | 36.5 | 0.4% |
Top Export Markets for Ball Bearing Parts from Canada in 2022:
- United States (1867.1 tons)
- Mexico (48.5 tons)
- Poland (36.4 tons)
- Germany (16.2 tons)
This report provides an in-depth analysis of the ball bearing parts market in Canada. 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 28153150 - Parts of ball or roller bearings (excluding balls, needles and rollers)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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