Japan - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Parts Price in Japan - 2023
Contents:
- Ball Bearing Parts Price in Japan (FOB) - 2023
- Ball Bearing Parts Price in Japan (CIF) - 2023
- Ball Bearing Parts Exports in Japan
- Ball Bearing Parts Imports in Japan
Ball Bearing Parts Price in Japan (FOB) - 2023
In July 2023, the average ball bearing parts export price amounted to $8,793 per ton, growing by 4% against the previous month. Over the period under review, the export price, however, recorded a slight setback. The growth pace was the most rapid in January 2023 an increase of 10% m-o-m. As a result, the export price attained the peak level of $10,173 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Vietnam ($17,299 per ton), while the average price for exports to the United States ($6,227 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Ball Bearing Parts Price in Japan (CIF) - 2023
In July 2023, the average ball bearing parts import price amounted to $9,175 per ton, declining by -10.6% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 26% month-to-month. The import price peaked at $10,269 per ton in June 2023, and then shrank in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Taiwan (Chinese) ($50,443 per ton), while the price for South Korea ($4,406 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Ball Bearing Parts Exports in Japan
Ball bearing parts exports from Japan reduced dramatically to 73K tons in 2022, which is down by -16.6% on 2021. In general, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 42% against the previous year.
In value terms, ball bearing parts exports reduced to $683M in 2022. Overall, exports saw a mild downturn. The growth pace was the most rapid in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $794M, and then contracted in the following year.
| Export of Ball Bearing Parts in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 133 | 133 | 216 | 191 | 12.8% |
| United States | 197 | 132 | 205 | 178 | -3.3% |
| Thailand | 66.3 | 42.2 | 60.4 | 52.7 | -7.4% |
| France | 48.4 | 22.6 | 36.5 | 35.1 | -10.2% |
| South Korea | 34.3 | 29.6 | 34.7 | 29.0 | -5.4% |
| Vietnam | 21.6 | 20.6 | 28.0 | 26.3 | 6.8% |
| India | 13.8 | 9.4 | 19.5 | 21.2 | 15.4% |
| United Kingdom | 18.5 | 17.1 | 20.2 | 17.8 | -1.3% |
| Indonesia | 21.3 | 14.0 | 21.0 | 17.2 | -6.9% |
| Germany | 17.3 | 10.0 | 18.0 | 15.4 | -3.8% |
| Brazil | 13.8 | 8.5 | 16.5 | 14.9 | 2.6% |
| Mexico | 28.0 | 16.2 | 20.3 | 12.0 | -24.6% |
| Romania | 8.4 | 6.9 | 12.4 | 6.8 | -6.8% |
| Others | 85.4 | 65.3 | 84.7 | 65.8 | -8.3% |
| Total | 708 | 527 | 794 | 683 | -1.2% |
Top Export Markets for Ball Bearing Parts from Japan in 2022:
- United States (25.4K tons)
- China (11.1K tons)
- Thailand (7.5K tons)
- France (5.9K tons)
- United Kingdom (3.5K tons)
- India (2.3K tons)
- Brazil (2.2K tons)
- South Korea (2.0K tons)
- Germany (1.8K tons)
- Vietnam (1.7K tons)
- Mexico (1.6K tons)
- Romania (1.5K tons)
- Indonesia (1.5K tons)
Ball Bearing Parts Imports in Japan
In 2022, approx. 15K tons of parts of ball or roller bearings were imported into Japan; increasing by 30% against 2021 figures. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% 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 +106.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 59% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, ball bearing parts imports stood at $142M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.6% 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 +64.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Ball Bearing Parts in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.0 | 29.7 | 46.9 | 50.6 | 1.8% |
| Vietnam | 23.7 | 17.1 | 29.8 | 35.4 | 14.3% |
| South Korea | 9.7 | 8.6 | 11.5 | 12.4 | 8.5% |
| India | 3.6 | 4.0 | 6.8 | 10.3 | 42.0% |
| Indonesia | 12.6 | 7.5 | 10.0 | 9.0 | -10.6% |
| Taiwan (Chinese) | 4.9 | 3.8 | 5.1 | 5.7 | 5.2% |
| Others | 17.9 | 15.4 | 16.9 | 18.4 | 0.9% |
| Total | 120 | 86.0 | 127 | 142 | 5.8% |
Top Suppliers of Ball Bearing Parts to Japan in 2022:
- China (7.5K tons)
- South Korea (2.7K tons)
- India (1.9K tons)
- Vietnam (1.6K tons)
- Taiwan (Chinese) (0.3K tons)
- Indonesia (0.3K tons)
This report provides an in-depth analysis of the ball bearing parts market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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 Bearing industry experienced rapid growth in June 2023 with a 24% increase in exports compared to the previous month. However, by November 2023, the value of Bearing exports dropped to $212M.
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The Bearing industry experienced a significant growth rate of 24% month-on-month in June 2023, but saw a decline in exports to $212 million in November 2023.
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In April 2023, the price of Ball Bearing reached $16,816 per ton (FOB, Japan), experiencing a decrease of -3.5% compared to the previous month.
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In February 2023, the needle roller bearing exports saw a rapid growth of 39% month-over-month. However, in November 2023, the value of needle roller bearing exports decreased to $17M.
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The most significant growth rate was observed in June 2023, with exports of Spherical Roller Bearings increasing by 23% month-on-month. In terms of value, Spherical Roller Bearing exports declined to $14M in November 2023.
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In February 2023, the spherical roller bearing price amounted to $12,597 per ton (FOB, Japan), almost unchanged from the previous month.
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Exports of Tapered Roller Bearings decreased to $45M in July 2023 in terms of value.
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Discover the leading import markets for cylindrical roller bearings and their impact on the global industry. From China to South Korea, learn about the key players driving the demand for these essential components.
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Explore the top import markets for bearings, including China, Germany, and the United States. Discover key statistics and figures that highlight the growth and demand in this thriving industry.
