Report Update: May 1, 2024

Italy - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Ball Bearing Parts Price in Italy - 2023

Ball Bearing Parts Price in Italy (CIF) - 2023

The average ball bearing parts import price stood at $8,137 per ton in June 2023, reducing by -24.3% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 22% month-to-month. The import price peaked at $10,749 per ton in May 2023, and then dropped sharply in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Sweden ($45,271 per ton), while the price for Slovakia ($3,363 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 Bulgaria (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Ball Bearing Parts Price in Italy (FOB) - 2023

In June 2023, the average ball bearing parts export price amounted to $15,645 per ton, increasing by 37% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Brazil ($39,732 per ton), while the average price for exports to Austria ($3,012 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 Bulgaria (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Bearing Parts Imports in Italy

Ball bearing parts imports into Italy rose remarkably to 37K tons in 2022, with an increase of 12% compared with 2021. The total import volume increased at an average annual rate of +1.1% 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 with an increase of 20% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, ball bearing parts imports expanded remarkably to $333M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Import of Ball Bearing Parts in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	59.0	46.9	72.8	90.9	15.5%
Bulgaria	57.6	57.4	69.2	86.3	14.4%
Germany	77.9	50.8	66.0	71.8	-2.7%
France	38.0	25.4	24.6	29.9	-7.7%
India	8.5	6.8	9.6	10.8	8.3%
Netherlands	10.4	7.8	8.9	5.9	-17.2%
Spain	6.9	5.9	6.1	5.9	-5.1%
Slovakia	0.4	0.3	0.7	1.7	62.0%
Others	43.4	24.6	33.0	30.1	-11.5%
Total	302	226	291	333	3.3%

Top Suppliers of Ball Bearing Parts to Italy in 2022:

China (15.5K tons)
Bulgaria (7.8K tons)
Germany (4.9K tons)
France (3.4K tons)
India (1.1K tons)
Slovakia (0.8K tons)
Spain (0.8K tons)
Netherlands (0.7K tons)

Ball Bearing Parts Exports in Italy

After two years of decline, shipments abroad of parts of ball or roller bearings increased by 0.3% to 12K tons in 2022. Overall, exports, however, saw a abrupt contraction.

In value terms, ball bearing parts exports expanded notably to $135M in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Ball Bearing Parts in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	33.8	25.5	36.3	35.9	2.0%
France	39.1	27.1	29.8	32.7	-5.8%
Spain	10.0	9.0	12.6	13.2	9.7%
United Kingdom	7.7	5.8	7.4	6.9	-3.6%
Sweden	1.6	2.1	3.2	3.8	33.4%
Bulgaria	2.5	1.7	1.5	2.7	2.6%
Austria	2.6	2.1	2.3	2.6	0.0%
Slovakia	2.9	1.1	1.0	1.6	-18.0%
Others	31.7	26.8	29.3	35.5	3.8%
Total	132	101	123	135	0.8%

Top Export Markets for Ball Bearing Parts from Italy in 2022:

France (4.3K tons)
Germany (2.3K tons)
Austria (0.9K tons)
Sweden (0.8K tons)
United Kingdom (0.6K tons)
Spain (0.6K tons)
Slovakia (0.4K tons)
Bulgaria (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ball bearing parts market in Italy. 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:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
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.

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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023