China - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Parts Price in China - 2023
Contents:
- Ball Bearing Parts Price in China (FOB) - 2023
- Ball Bearing Parts Price in China (CIF) - 2023
- Ball Bearing Parts Exports in China
- Ball Bearing Parts Imports in China
Ball Bearing Parts Price in China (FOB) - 2023
The average ball bearing parts export price stood at $4,038 per ton in June 2023, dropping by -3.9% against the previous month. Over the period under review, the export price continues to indicate a slight slump. The growth pace was the most rapid in November 2022 an increase of 5.5% m-o-m. Over the period under review, the average export prices hit record highs at $4,714 per ton in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Japan ($7,990 per ton), while the average price for exports to Turkey ($2,713 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.8%), while the prices for the other major destinations experienced a decline.
Ball Bearing Parts Price in China (CIF) - 2023
In June 2023, the average ball bearing parts import price amounted to $12,486 per ton, waning by -2.4% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 12% against the previous month. Over the period under review, average import prices attained the maximum at $13,738 per ton in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($45,911 per ton), while the price for South Korea ($8,903 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Ball Bearing Parts Exports in China
In 2022, exports of parts of ball or roller bearings from China reduced to 255K tons, therefore, remained relatively stable against 2021 figures. The total export volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 44%. As a result, the exports reached the peak of 257K tons, leveling off in the following year.
In value terms, ball bearing parts exports totaled $1.2B in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 52%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Ball Bearing Parts in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 111 | 78.3 | 99.5 | 99.9 | -3.5% |
| Germany | 64.1 | 59.8 | 90.9 | 98.9 | 15.6% |
| Italy | 69.3 | 49.2 | 97.1 | 95.4 | 11.2% |
| South Korea | 76.1 | 69.2 | 102 | 88.3 | 5.1% |
| India | 61.7 | 48.5 | 69.4 | 82.6 | 10.2% |
| Japan | 66.0 | 46.2 | 67.0 | 66.4 | 0.2% |
| Mexico | 36.5 | 35.7 | 65.5 | 61.3 | 18.9% |
| France | 44.1 | 31.0 | 46.7 | 45.4 | 1.0% |
| Slovakia | 40.0 | 32.7 | 36.6 | 44.9 | 3.9% |
| Brazil | 30.5 | 25.4 | 44.5 | 44.0 | 13.0% |
| Vietnam | 12.1 | 14.9 | 39.1 | 41.4 | 50.7% |
| Malaysia | 22.9 | 19.6 | 24.8 | 31.4 | 11.1% |
| Bulgaria | 11.1 | 12.3 | 20.0 | 22.3 | 26.2% |
| Others | 239 | 211 | 315 | 336 | 12.0% |
| Total | 884 | 734 | 1,119 | 1,158 | 9.4% |
Top Export Markets for Ball Bearing Parts from China in 2022:
- India (24.9K tons)
- South Korea (23.7K tons)
- Italy (22.2K tons)
- Germany (21.0K tons)
- United States (16.4K tons)
- Mexico (12.7K tons)
- France (11.6K tons)
- Brazil (11.5K tons)
- Vietnam (10.0K tons)
- Slovakia (9.6K tons)
- Japan (9.3K tons)
- Malaysia (7.6K tons)
- Bulgaria (5.7K tons)
Ball Bearing Parts Imports in China
After three years of growth, supplies from abroad of parts of ball or roller bearings decreased by -11% to 60K tons in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 91%.
In value terms, ball bearing parts imports dropped to $734M in 2022. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. As a result, imports reached the peak of $791M, and then fell in the following year.
| Import of Ball Bearing Parts in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 114 | 100 | 131 | 127 | 3.7% |
| Germany | 52.2 | 56.3 | 84.4 | 72.4 | 11.5% |
| South Korea | 22.3 | 25.0 | 35.8 | 29.1 | 9.3% |
| United States | 20.8 | 21.2 | 24.8 | 22.5 | 2.7% |
| India | 9.7 | 8.4 | 15.3 | 16.2 | 18.6% |
| Sweden | 13.7 | 10.7 | 15.1 | 13.8 | 0.2% |
| France | 9.7 | 6.9 | 12.6 | 9.3 | -1.4% |
| Romania | 27.1 | 28.4 | 26.1 | 7.1 | -36.0% |
| Netherlands | 0.4 | 2.8 | 4.9 | 6.3 | 150.7% |
| Thailand | 10.9 | 9.0 | 11.2 | 5.6 | -19.9% |
| Taiwan (Chinese) | 27.6 | N/A | N/A | N/A | 0% |
| Others | 31.1 | 243 | 430 | 425 | 139.1% |
| Total | 340 | 512 | 791 | 734 | 29.2% |
Top Suppliers of Ball Bearing Parts to China in 2022:
- Japan (8.3K tons)
- South Korea (4.1K tons)
- Germany (3.1K tons)
- India (1.5K tons)
- France (0.8K tons)
- United States (0.7K tons)
- Sweden (0.6K tons)
- Romania (0.4K tons)
- Netherlands (0.4K tons)
- Thailand (0.4K tons)
This report provides an in-depth analysis of the ball bearing parts market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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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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The rate of growth for Ball Bearing Parts was particularly rapid in March 2023, experiencing a month-on-month increase of 35%. Additionally, the value of exports for ball bearing parts surged to $79M in November 2023.
352
In terms of value, exports of Bearing decreased to $420M in June 2023.
62
During the review period, Ball Bearing exports reached a peak of 533K tons in 2022 before declining the next year. In terms of value, exports decreased to $3.2B in 2023.
394
In February 2023, the cost of ball bearings was $7,082 per ton delivered (FOB, China), an increase of 12% compared to the previous month.
317
In value terms, cylindrical roller bearing imports rose modestly to $59M in April 2023.
131
The needle roller bearing industry experienced a significant growth rate in March 2023 with a month-on-month increase of 44%. In terms of value, the exports of Needle Roller Bearing rose remarkably to $19M in December 2023.
352
In value terms, needle roller bearing exports soared to $19M in March 2023.
256
In April 2023, the roller bearing price stood at $6,407 per ton (FOB, China), increasing by 3.7% against the previous month.
321
In June 2023, the price of Spherical Roller Bearing amounted to $14,537 per ton (CIF, China), showing a 4% decrease compared to the previous month.
211
In value terms, tapered roller bearing imports reduced to $39M in March 2023.
