Indonesia - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Parts Price in Indonesia - 2022
Contents:
- Ball Bearing Parts Price in Indonesia (CIF) - 2022
- Ball Bearing Parts Price in Indonesia (FOB) - 2022
- Ball Bearing Parts Imports in Indonesia
- Ball Bearing Parts Exports in Indonesia
Ball Bearing Parts Price in Indonesia (CIF) - 2022
The average ball bearing parts import price stood at $9,079 per ton in March 2022, with an increase of 8.3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 when the average import price increased by 14% month-to-month. Over the period under review, average import prices attained the peak figure in March 2022.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Japan ($16,155 per ton), while the price for China ($5,404 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Ball Bearing Parts Price in Indonesia (FOB) - 2022
The average ball bearing parts export price stood at $16,591 per ton in 2022, waning by -15.6% against the previous year. In general, the export price, however, showed perceptible growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 67%. As a result, the export price reached the peak level of $19,661 per ton, and then plummeted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($52,735 per ton), while the average price for exports to Saudi Arabia ($2,512 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Ball Bearing Parts Imports in Indonesia
In 2022, the amount of parts of ball or roller bearings imported into Indonesia skyrocketed to 10K tons, with an increase of 27% against 2021 figures. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, ball bearing parts imports surged to $83M in 2022. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Ball Bearing Parts in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.5 | 14.2 | 26.4 | 31.0 | 16.7% |
| Japan | 27.2 | 16.8 | 19.1 | 24.3 | -3.7% |
| Singapore | 4.5 | 3.1 | 2.7 | 4.0 | -3.9% |
| India | 2.1 | 2.1 | 3.1 | 3.7 | 20.8% |
| Taiwan (Chinese) | 2.7 | 1.8 | 2.7 | 3.1 | 4.7% |
| Germany | 3.4 | 1.5 | 1.8 | 2.6 | -8.6% |
| Others | 13.3 | 9.1 | 11.6 | 14.8 | 3.6% |
| Total | 72.6 | 48.7 | 67.4 | 83.4 | 4.7% |
Top Suppliers of Ball Bearing Parts to Indonesia in 2022:
- China (6.6K tons)
- Japan (1.6K tons)
- Singapore (0.6K tons)
- India (0.5K tons)
- Taiwan (Chinese) (0.4K tons)
- Germany (0.2K tons)
Ball Bearing Parts Exports in Indonesia
In 2022, overseas shipments of parts of ball or roller bearings decreased by -0.5% to 185 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 45% against the previous year. As a result, the exports attained the peak of 295 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, ball bearing parts exports shrank notably to $3.1M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 68% against the previous year.
| Export of Ball Bearing Parts in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 313 | 542 | 912 | 679 | 29.5% |
| Thailand | 59.1 | 133 | 844 | 629 | 120.0% |
| Malaysia | 337 | 448 | 530 | 395 | 5.4% |
| China | 112 | 365 | 475 | 354 | 46.8% |
| Singapore | 146 | 815 | 83.9 | 255 | 20.4% |
| Poland | 212 | 216 | 254 | 189 | -3.8% |
| United Kingdom | 276 | 169 | 22.6 | 114 | -25.5% |
| Philippines | 63.1 | 233 | 70.2 | 89.5 | 12.4% |
| Vietnam | 98.9 | 57.5 | 114 | 84.7 | -5.0% |
| Japan | 123 | 33.4 | 68.6 | 55.0 | -23.5% |
| Saudi Arabia | 52.0 | 85.5 | 41.5 | 43.8 | -5.6% |
| Others | 270 | 368 | 241 | 180 | -12.6% |
| Total | 2,060 | 3,465 | 3,655 | 3,068 | 14.2% |
Top Export Markets for Ball Bearing Parts from Indonesia in 2022:
- Singapore (47.1 tons)
- Poland (24.1 tons)
- Saudi Arabia (17.4 tons)
- Thailand (13.8 tons)
- South Korea (12.9 tons)
- Malaysia (12.6 tons)
- China (12.0 tons)
- Philippines (11.2 tons)
- United Kingdom (9.2 tons)
- Vietnam (7.8 tons)
- Japan (4.2 tons)
This report provides an in-depth analysis of the ball bearing parts market in Indonesia. 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:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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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