Russian Federation - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Parts Price in Russia - 2022
Contents:
- Ball Bearing Parts Price in Russia (CIF) - 2022
- Ball Bearing Parts Price in Russia (FOB) - 2022
- Ball Bearing Parts Imports in Russia
- Ball Bearing Parts Exports in Russia
Ball Bearing Parts Price in Russia (CIF) - 2022
In January 2022, the average ball bearing parts import price amounted to $6,600 per ton, waning by -16.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in June 2021 when the average import price increased by 23% month-to-month. Over the period under review, average import prices reached the maximum at $7,881 per ton in December 2021, and then contracted notably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was South Korea ($38,781 per ton), while the price for Estonia ($3,560 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Ball Bearing Parts Price in Russia (FOB) - 2022
In January 2022, the average ball bearing parts export price amounted to $1,688 per ton, declining by -1.6% against the previous month. Overall, the export price faced a abrupt setback. The growth pace was the most rapid in June 2021 an increase of 67% month-to-month. As a result, the export price reached the peak level of $15,390 per ton. From July 2021 to January 2022, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In January 2022, the country with the highest price was Germany ($6,416 per ton), while the average price for exports to Taiwan (Chinese) ($1,549 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.1%), while the prices for the other major destinations experienced a decline.
Ball Bearing Parts Imports in Russia
In 2022, supplies from abroad of parts of ball or roller bearings was finally on the rise to reach 6.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep contraction.
In value terms, ball bearing parts imports expanded notably to $37M in 2022. In general, imports, however, recorded a deep setback.
| Import of Ball Bearing Parts in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.5 | 4.7 | 4.4 | 17.1 | 26.2% |
| Japan | 5.7 | 5.6 | 4.5 | 7.5 | 9.6% |
| United States | 6.6 | 6.6 | 3.6 | 2.7 | -25.8% |
| Estonia | 2.4 | 3.6 | 3.3 | 2.1 | -4.4% |
| Italy | 12.3 | 9.9 | 5.7 | 2.0 | -45.4% |
| Kazakhstan | 3.4 | 3.1 | 3.0 | 1.5 | -23.9% |
| China | 0.9 | 0.8 | 1.0 | 0.9 | 0.0% |
| Vietnam | 1.0 | 0.7 | 0.3 | N/A | -45.2% |
| Others | 8.9 | 6.9 | 7.0 | 3.7 | -25.4% |
| Total | 49.7 | 42.1 | 32.7 | 37.4 | -9.0% |
Top Suppliers of Ball Bearing Parts to Russia in 2022:
- India (3201.2 tons)
- Japan (1449.2 tons)
- Estonia (687.1 tons)
- Kazakhstan (487.7 tons)
- Italy (391.0 tons)
- United States (111.2 tons)
- China (109.6 tons)
Ball Bearing Parts Exports in Russia
In 2022, the amount of parts of ball or roller bearings exported from Russia contracted notably to 1.5K tons, dropping by -46.6% on 2021. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,402%. As a result, the exports attained the peak of 2.8K tons, and then reduced dramatically in the following year.
In value terms, ball bearing parts exports contracted remarkably to $11M in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 637% against the previous year. As a result, the exports reached the peak of $19M, and then shrank dramatically in the following year.
| Export of Ball Bearing Parts in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | 14.4 | 9.4 | -34.7% |
| Italy | N/A | 0.1 | 0.5 | 0.4 | 100.0% |
| Kazakhstan | 0.5 | 0.9 | 0.9 | 0.3 | -15.7% |
| Germany | 0.3 | 0.5 | 1.0 | 0.2 | -12.6% |
| Belarus | 0.7 | 0.4 | 0.4 | 0.1 | -47.7% |
| United States | 0.9 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.6 | 1.3 | 0.2 | -26.3% |
| Total | 3.1 | 2.5 | 18.6 | 10.6 | 50.7% |
Top Export Markets for Ball Bearing Parts from Russia in 2022:
- Taiwan (Chinese) (1460.0 tons)
- Italy (27.2 tons)
- Germany (8.9 tons)
- Kazakhstan (5.8 tons)
- Belarus (0.6 tons)
This report provides an in-depth analysis of the ball bearing parts market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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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