Serbia - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Parts Price in Serbia - 2023
Contents:
- Ball Bearing Parts Price in Serbia (CIF) - 2022
- Ball Bearing Parts Price in Serbia (FOB) - 2022
- Ball Bearing Parts Imports in Serbia
- Ball Bearing Parts Exports in Serbia
Ball Bearing Parts Price in Serbia (CIF) - 2022
In 2022, the average ball bearing parts import price amounted to $7,716 per ton, with a decrease of -10.3% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The pace of growth was the most pronounced in 2020 an increase of 64%. The import price peaked at $13,897 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($58,313 per ton), while the price for Bosnia and Herzegovina ($2,783 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Ball Bearing Parts Price in Serbia (FOB) - 2022
In 2022, the average ball bearing parts export price amounted to $13,010 per ton, falling by -8.6% against the previous year. In general, the export price, however, recorded a strong increase. The pace of growth was the most pronounced in 2015 an increase of 145% against the previous year. The export price peaked at $14,228 per ton in 2021, and then dropped in the following year.
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 Bosnia and Herzegovina ($16,429 per ton), while the average price for exports to Iran ($4,545 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 Slovenia (+20.9%), while the prices for the other major destinations experienced a decline.
Ball Bearing Parts Imports in Serbia
In 2022, the amount of parts of ball or roller bearings imported into Serbia skyrocketed to 426 tons, increasing by 39% compared with the year before. Overall, imports saw buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 82% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, ball bearing parts imports surged to $3.3M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Ball Bearing Parts in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 548 | 607 | 713 | 1,121 | 26.9% |
| India | 28.7 | 94.1 | 448 | 706 | 190.8% |
| Taiwan (Chinese) | 165 | N/A | 311 | 268 | 17.5% |
| Sweden | 109 | 107 | 137 | 226 | 27.5% |
| Bosnia and Herzegovina | 253 | 132 | 178 | 216 | -5.1% |
| Germany | 265 | 549 | 232 | 170 | -13.8% |
| Italy | 123 | 25.7 | 39.6 | 81.0 | -13.0% |
| Others | 377 | 421 | 588 | 503 | 10.1% |
| Total | 1,867 | 1,936 | 2,647 | 3,290 | 20.8% |
Top Suppliers of Ball Bearing Parts to Serbia in 2022:
- China (165.0 tons)
- India (138.5 tons)
- Bosnia and Herzegovina (77.5 tons)
- Taiwan (Chinese) (11.7 tons)
- Italy (9.3 tons)
- Sweden (8.4 tons)
- Germany (2.9 tons)
Ball Bearing Parts Exports in Serbia
Ball bearing parts exports from Serbia soared to 53 tons in 2022, increasing by 80% compared with the previous year. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, 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 soared to $693K in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, 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.
| Export of Ball Bearing Parts in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 277 | 255 | 257 | 391 | 12.2% |
| Iran | 26.6 | 57.8 | N/A | 54.6 | 27.1% |
| Slovenia | 9.9 | 5.8 | 23.1 | 34.3 | 51.3% |
| Bosnia and Herzegovina | 10.6 | 10.5 | 16.3 | 23.6 | 30.6% |
| Montenegro | 0.7 | 8.5 | 18.7 | 13.7 | 169.5% |
| Poland | 30.3 | 21.8 | N/A | 4.9 | -45.5% |
| Others | 152 | 88.5 | 108 | 171 | 4.0% |
| Total | 507 | 448 | 422 | 693 | 11.0% |
Top Export Markets for Ball Bearing Parts from Serbia in 2022:
- Italy (31.5 tons)
- Iran (12.0 tons)
- Slovenia (3.3 tons)
- Bosnia and Herzegovina (1.4 tons)
- Montenegro (1.1 tons)
- Poland (0.4 tons)
This report provides an in-depth analysis of the ball bearing parts market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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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