Peru - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Parts Price in Peru - 2021
Contents:
- Ball Bearing Parts Price in Peru (CIF) - 2021
- Ball Bearing Parts Price in Peru (FOB) - 2022
- Ball Bearing Parts Imports in Peru
- Ball Bearing Parts Exports in Peru
Ball Bearing Parts Price in Peru (CIF) - 2021
The average ball bearing parts import price stood at $20,266 per ton in April 2020, which is down by -2.2% against the previous month. Over the last three months, it increased at an average monthly rate of +6.1%. The pace of growth was the most pronounced in February 2020 when the average import price increased by 15% month-to-month. The import price peaked at $20,712 per ton in March 2020, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In April 2020, the country with the highest price was the United States ($24,802 per ton), while the price for China ($7,061 per ton) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by China (+32.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Ball Bearing Parts Price in Peru (FOB) - 2022
The average ball bearing parts export price stood at $30,288 per ton in 2022, with an increase of 7.1% against the previous year. Over the period under review, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 39% against the previous year. Over the period under review, the average export prices attained the peak figure at $53,790 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($41,621 per ton), while the average price for exports to Chile ($18,460 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 Bolivia (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Ball Bearing Parts Imports in Peru
In 2022, imports of parts of ball or roller bearings into Peru contracted dramatically to 389 tons, which is down by -21.2% on the previous year. Over the period under review, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. As a result, imports attained the peak of 493 tons, and then contracted rapidly in the following year.
In value terms, ball bearing parts imports dropped dramatically to $7.4M in 2022. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. As a result, imports attained the peak of $9.5M, and then declined notably in the following year.
| Import of Ball Bearing Parts in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4,800 | 2,868 | 3,868 | 3,001 | -14.5% |
| Romania | 452 | 330 | 1,361 | 1,056 | 32.7% |
| India | 1,296 | 391 | 1,133 | 879 | -12.1% |
| China | 579 | 448 | 818 | 635 | 3.1% |
| Germany | 594 | 378 | 578 | 449 | -8.9% |
| Sweden | 276 | 130 | 404 | 314 | 4.4% |
| Taiwan (Chinese) | 183 | 61.2 | 165 | 128 | -11.2% |
| Japan | 188 | 84.0 | 152 | 118 | -14.4% |
| Others | 772 | 572 | 1,035 | 809 | 1.6% |
| Total | 9,141 | 5,262 | 9,515 | 7,389 | -6.8% |
Top Suppliers of Ball Bearing Parts to Peru in 2022:
- China (134.1 tons)
- United States (93.0 tons)
- India (36.3 tons)
- Romania (33.4 tons)
- Taiwan (Chinese) (16.8 tons)
- Germany (16.6 tons)
- Sweden (16.2 tons)
- Japan (6.0 tons)
Ball Bearing Parts Exports in Peru
After three years of growth, overseas shipments of parts of ball or roller bearings decreased by -28.4% to 6.8 tons in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, the exports reached the peak of 9.5 tons, and then shrank rapidly in the following year.
In value terms, ball bearing parts exports contracted sharply to $207K in 2022. In general, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 87% against the previous year. As a result, the exports attained the peak of $270K, and then declined significantly in the following year.
| Export of Ball Bearing Parts in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 38.4 | 42.2 | 79.8 | 118 | 45.4% |
| Chile | 36.8 | 34.4 | 34.3 | 50.6 | 11.2% |
| Colombia | 34.0 | N/A | 13.1 | 22.5 | -12.9% |
| Germany | N/A | 5.5 | 5.0 | 7.4 | 16.0% |
| Netherlands | 0.4 | 3.1 | 4.2 | 6.1 | 148.0% |
| Bolivia | 1.5 | N/A | 27.7 | N/A | 329.7% |
| Belgium | N/A | 42.9 | 0.6 | N/A | -98.6% |
| Zambia | 63.6 | N/A | 68.8 | N/A | 4.0% |
| Canada | N/A | N/A | 7.6 | N/A | 0% |
| Others | 14.1 | 16.1 | 28.8 | 2.7 | -42.4% |
| Total | 189 | 144 | 270 | 207 | 3.1% |
Top Export Markets for Ball Bearing Parts from Peru in 2022:
- United States (2.9 tons)
- Chile (2.7 tons)
- Colombia (0.8 tons)
- Germany (0.2 tons)
- Netherlands (0.1 tons)
This report provides an in-depth analysis of the ball bearing parts market in Peru. 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:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- 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
-
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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