New Zealand - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Parts Price in New Zealand - 2023
Contents:
- Ball Bearing Parts Price in New Zealand (CIF) - 2022
- Ball Bearing Parts Price in New Zealand (FOB) - 2022
- Ball Bearing Parts Imports in New Zealand
- Ball Bearing Parts Exports in New Zealand
Ball Bearing Parts Price in New Zealand (CIF) - 2022
The average ball bearing parts import price stood at $14,070 per ton in 2022, declining by -11.7% against the previous year. In general, the import price recorded a abrupt descent. The pace of growth was the most pronounced in 2018 an increase of 8.9%. The import price peaked at $28,462 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Romania ($14,070 per ton) and Australia ($14,070 per ton), while the price for South Korea ($14,070 per ton) and Taiwan (Chinese) ($14,070 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.
Ball Bearing Parts Price in New Zealand (FOB) - 2022
The average ball bearing parts export price stood at $17,631 per ton in 2022, increasing by 4.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 49%. The export price peaked at $30,539 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($17,631 per ton) and the United States ($17,631 per ton), while the average price for exports to Canada ($17,631 per ton) and Papua New Guinea ($17,631 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+3.8%), while the prices for the other major destinations experienced a decline.
Ball Bearing Parts Imports in New Zealand
For the fourth consecutive year, New Zealand recorded growth in overseas purchases of parts of ball or roller bearings, which increased by 25% to 248 tons in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.7% 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 +63.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ball bearing parts imports expanded remarkably to $3.5M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +48.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Ball Bearing Parts in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 875 | 992 | 1,020 | 1,108 | 8.2% |
| China | 229 | 288 | 245 | 544 | 33.4% |
| Taiwan (Chinese) | 167 | 215 | 353 | 297 | 21.2% |
| Australia | 211 | 162 | 261 | 284 | 10.4% |
| Japan | 268 | 209 | 246 | 263 | -0.6% |
| Germany | 134 | 273 | 225 | 199 | 14.1% |
| Romania | 28.1 | 44.1 | 257 | 150 | 74.8% |
| United Kingdom | 17.2 | 18.9 | 56.8 | 144 | 103.1% |
| India | 88.3 | 68.6 | 159 | 97.4 | 3.3% |
| South Korea | 53.0 | 36.7 | 44.7 | 70.4 | 9.9% |
| Sweden | 56.0 | 72.8 | 67.3 | 68.4 | 6.9% |
| Italy | 28.3 | 22.9 | 21.0 | 57.2 | 26.4% |
| Others | 193 | 179 | 210 | 204 | 1.9% |
| Total | 2,347 | 2,583 | 3,166 | 3,488 | 14.1% |
Top Suppliers of Ball Bearing Parts to New Zealand in 2022:
- United States (78.8 tons)
- China (38.7 tons)
- Taiwan (Chinese) (21.1 tons)
- Australia (20.2 tons)
- Japan (18.7 tons)
- Germany (14.1 tons)
- Romania (10.6 tons)
- United Kingdom (10.2 tons)
- India (6.9 tons)
- South Korea (5.0 tons)
- Sweden (4.9 tons)
- Italy (4.1 tons)
Ball Bearing Parts Exports in New Zealand
In 2022, overseas shipments of parts of ball or roller bearings were finally on the rise to reach 9.8 tons after two years of decline. The total export volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ball bearing parts exports skyrocketed to $174K in 2022. The total export value increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ball Bearing Parts in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 35.2 | 43.7 | 83.4 | 78.1 | 30.4% |
| Canada | 0.4 | N/A | N/A | 46.8 | 389.1% |
| Fiji | 3.1 | 4.9 | 7.6 | 18.0 | 79.7% |
| Netherlands | N/A | N/A | 1.1 | 8.4 | 663.6% |
| United States | 27.4 | 48.8 | 5.3 | 8.0 | -33.7% |
| Papua New Guinea | N/A | 0.1 | N/A | 7.0 | 736.7% |
| New Caledonia | 62.5 | 0.2 | N/A | 0.7 | -77.6% |
| French Polynesia | 6.9 | 1.9 | 2.0 | 0.1 | -75.6% |
| Others | 6.1 | 32.9 | 24.1 | 6.6 | 2.7% |
| Total | 142 | 133 | 123 | 174 | 7.0% |
Top Export Markets for Ball Bearing Parts from New Zealand in 2022:
- New Caledonia (undefined tons)
- French Polynesia (undefined tons)
- Australia (4.4 tons)
- Canada (2.7 tons)
- Fiji (1.0 tons)
- United States (0.5 tons)
- Netherlands (0.5 tons)
- Papua New Guinea (0.4 tons)
This report provides an in-depth analysis of the ball bearing parts market in New Zealand. 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:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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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