Singapore - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Parts Price in Singapore - 2022
Contents:
- Ball Bearing Parts Price in Singapore (CIF) - 2022
- Ball Bearing Parts Price in Singapore (FOB) - 2022
- Ball Bearing Parts Imports in Singapore
- Ball Bearing Parts Exports in Singapore
Ball Bearing Parts Price in Singapore (CIF) - 2022
The average ball bearing parts import price stood at $14,974 per ton in 2022, dropping by -6% against the previous year. Over the period under review, the import price showed a mild setback. The most prominent rate of growth was recorded in 2014 an increase of 10%. As a result, import price reached the peak level of $19,097 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($15,078 per ton) and China ($15,078 per ton), while the price for Taiwan (Chinese) ($14,673 per ton) and Japan ($14,680 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.6%), while the prices for the other major suppliers experienced a decline.
Ball Bearing Parts Price in Singapore (FOB) - 2022
The average ball bearing parts export price stood at $22,782 per ton in 2022, picking up by 37% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($23,280 per ton) and India ($23,096 per ton), while the average price for exports to Taiwan (Chinese) ($22,662 per ton) and Malaysia ($22,662 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 the Philippines (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Ball Bearing Parts Imports in Singapore
In 2022, ball bearing parts imports into Singapore surged to 9.4K tons, with an increase of 101% compared with the previous year. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ball bearing parts imports skyrocketed to $140M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ball Bearing Parts in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 17.6 | 18.5 | 22.9 | 40.2 | 31.7% |
| China | 9.6 | 6.5 | 19.8 | 34.7 | 53.5% |
| Japan | 9.9 | 5.8 | 4.5 | 11.6 | 5.4% |
| India | 1.7 | 6.8 | 6.1 | 10.6 | 84.1% |
| Sweden | 5.8 | 6.5 | 4.1 | 9.5 | 17.9% |
| United States | 6.9 | 4.5 | 4.8 | 9.3 | 10.5% |
| Malaysia | 0.7 | 0.4 | 3.6 | 6.4 | 109.1% |
| Germany | 2.7 | 2.8 | 2.9 | 5.1 | 23.6% |
| Taiwan (Chinese) | 1.4 | 1.1 | 0.7 | 1.9 | 10.7% |
| Others | 6.0 | 4.4 | 5.0 | 11.1 | 22.8% |
| Total | 62.1 | 57.4 | 74.4 | 140 | 31.1% |
Top Suppliers of Ball Bearing Parts to Singapore in 2022:
- Thailand (2666.2 tons)
- China (2303.4 tons)
- Japan (788.2 tons)
- India (703.6 tons)
- Sweden (644.0 tons)
- United States (631.3 tons)
- Malaysia (421.9 tons)
- Germany (337.8 tons)
- Taiwan (Chinese) (128.4 tons)
Ball Bearing Parts Exports in Singapore
Ball bearing parts exports from Singapore soared to 3.7K tons in 2022, rising by 29% on the previous year's figure. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.2% against 2020 indices. 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 surged to $85M in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ball Bearing Parts in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 7.5 | 5.6 | 8.8 | 14.3 | 24.0% |
| Thailand | 7.5 | 7.0 | 5.1 | 10.5 | 11.9% |
| United States | 5.9 | 3.9 | 5.2 | 8.5 | 12.9% |
| Malaysia | 4.5 | 3.3 | 5.2 | 8.5 | 23.6% |
| China | 3.1 | 3.6 | 4.4 | 7.2 | 32.4% |
| Australia | 1.7 | 2.7 | 3.8 | 6.3 | 54.7% |
| Vietnam | 1.3 | 2.8 | 2.4 | 3.9 | 44.2% |
| Philippines | 3.8 | 1.5 | 1.2 | 3.5 | -2.7% |
| Germany | 1.4 | 1.4 | 1.9 | 3.2 | 31.7% |
| Belgium | 0.1 | 1.0 | 1.9 | 3.2 | 217.5% |
| Taiwan (Chinese) | 0.7 | 0.8 | 1.5 | 2.5 | 52.9% |
| India | 1.8 | 1.3 | 1.4 | 2.4 | 10.1% |
| New Zealand | 0.3 | 0.1 | 1.2 | 2.0 | 88.2% |
| Others | 6.9 | 4.6 | 4.2 | 9.2 | 10.1% |
| Total | 46.5 | 39.5 | 48.1 | 84.9 | 22.2% |
Top Export Markets for Ball Bearing Parts from Singapore in 2022:
- Indonesia (632.1 tons)
- Thailand (453.8 tons)
- United States (375.5 tons)
- Malaysia (373.7 tons)
- China (316.5 tons)
- Australia (275.8 tons)
- Vietnam (170.8 tons)
- Philippines (149.1 tons)
- Germany (140.1 tons)
- Belgium (139.0 tons)
- Taiwan (Chinese) (110.0 tons)
- India (104.4 tons)
- New Zealand (87.7 tons)
This report provides an in-depth analysis of the ball bearing parts market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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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