Mexico - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBall Bearing Parts Price in Mexico - 2023
Contents:
- Ball Bearing Parts Price in Mexico (CIF) - 2023
- Ball Bearing Parts Price in Mexico (FOB) - 2023
- Ball Bearing Parts Imports in Mexico
- Ball Bearing Parts Exports in Mexico
Ball Bearing Parts Price in Mexico (CIF) - 2023
In June 2023, the average ball bearing parts import price amounted to $9,176 per ton, with an increase of 4.6% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 54% month-to-month. Over the period under review, average import prices attained the maximum in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($13,522 per ton), while the price for Taiwan (Chinese) ($4,662 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 South Korea (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ball Bearing Parts Price in Mexico (FOB) - 2023
In June 2023, the average ball bearing parts export price amounted to $16,269 per ton, picking up by 3.1% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 134% against the previous month. As a result, the export price attained the peak level of $17,485 per ton. From May 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +0.3% per month.
Ball Bearing Parts Imports in Mexico
In 2022, approx. 34K tons of parts of ball or roller bearings were imported into Mexico; increasing by 15% against the previous year's figure. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, ball bearing parts imports expanded notably to $259M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 32%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Ball Bearing Parts in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 73.1 | 56.3 | 80.0 | 105 | 12.8% |
| China | 35.5 | 29.6 | 58.2 | 58.5 | 18.1% |
| South Korea | 54.1 | 38.4 | 31.7 | 27.6 | -20.1% |
| Japan | 40.4 | 27.1 | 27.0 | 22.5 | -17.7% |
| India | 6.5 | 5.3 | 9.1 | 11.7 | 21.6% |
| Brazil | 2.7 | 2.6 | 3.9 | 6.1 | 31.2% |
| Taiwan (Chinese) | 5.6 | 4.4 | 5.9 | 6.1 | 2.9% |
| Others | 22.7 | 15.5 | 20.8 | 21.6 | -1.6% |
| Total | 240 | 179 | 237 | 259 | 2.6% |
Top Suppliers of Ball Bearing Parts to Mexico in 2022:
- China (11.4K tons)
- United States (9.5K tons)
- South Korea (6.3K tons)
- Japan (2.5K tons)
- India (1.4K tons)
- Taiwan (Chinese) (1.2K tons)
- Brazil (0.9K tons)
Ball Bearing Parts Exports in Mexico
In 2022, exports of parts of ball or roller bearings from Mexico contracted slightly to 4.4K tons, which is down by -4.4% against the previous year. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.8% 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 +56.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 64% against the previous year. As a result, the exports reached the peak of 4.6K tons, and then shrank in the following year.
In value terms, ball bearing parts exports expanded rapidly to $58M in 2022. In general, exports saw a mild descent. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year.
| Export of Ball Bearing Parts in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 59.6 | 46.1 | 53.9 | 57.7 | -1.1% |
| Others | 1.4 | 0.8 | 0.4 | 0.4 | -34.1% |
| Total | 61.0 | 46.9 | 54.3 | 58.1 | -1.6% |
Top Export Markets for Ball Bearing Parts from Mexico in 2022:
- United States (4.4K tons)
This report provides an in-depth analysis of the ball bearing parts market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
322
This report provides an in-depth analysis of the ball bearing parts market in Mexico.
380
This report provides an in-depth analysis of the bearing market in Mexico.
344
This report provides an in-depth analysis of the ball bearing market in Mexico.
299
This report provides an in-depth analysis of the tools for bearing market in Mexico.
393
This report provides an in-depth analysis of the cylindrical roller bearing market in Mexico.
306
This report provides an in-depth analysis of the needle roller bearing market in Mexico.
614
This report provides an in-depth analysis of the roller bearing market in Mexico.
443
This report provides an in-depth analysis of the spherical roller bearing market in Mexico.
300
This report provides an in-depth analysis of the tapered roller bearing market in Mexico.
389
This report provides an in-depth analysis of the bearing market in Mexico.
335
In July 2022, the bearing price stood at $11.0 per kg (CIF, Mexico), reducing by -24.4% against the previous month.
169
In February 2023, the import of Cylindrical Roller Bearings witnessed an outstanding growth rate of 64% compared to the previous month. Additionally, the value of these imports escalated significantly, reaching $12M in October 2023.
120
In January 2023, Tapered Roller Bearing imports experienced a significant growth rate of 25% compared to the previous month. However, by December 2023, the value of tapered roller bearing imports had decreased significantly to $20M.
214
The price of Tapered Roller Bearing in Mexico remained almost unchanged at $10,583 per ton (CIF) in April 2023 compared to the previous month.
181
Explore the top import markets for ball bearings, including Germany, China, the United States, and more. Find key statistics and data on the global demand for ball bearings.
92
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.
163
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.
335
In July 2022, the bearing price stood at $11.0 per kg (CIF, Mexico), reducing by -24.4% against the previous month.
169
In February 2023, the import of Cylindrical Roller Bearings witnessed an outstanding growth rate of 64% compared to the previous month. Additionally, the value of these imports escalated significantly, reaching $12M in October 2023.
120
In January 2023, Tapered Roller Bearing imports experienced a significant growth rate of 25% compared to the previous month. However, by December 2023, the value of tapered roller bearing imports had decreased significantly to $20M.
