Spain - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Parts Price in Spain - 2023
Contents:
- Ball Bearing Parts Price in Spain (CIF) - 2022
- Ball Bearing Parts Price in Spain (FOB) - 2023
- Ball Bearing Parts Imports in Spain
- Ball Bearing Parts Exports in Spain
Ball Bearing Parts Price in Spain (CIF) - 2022
In 2022, the average ball bearing parts import price amounted to $8,056 per ton, waning by -28.3% against the previous year. Over the period under review, the import price continues to indicate a mild reduction. The pace of growth was the most pronounced in 2019 an increase of 62%. As a result, import price attained the peak level of $13,337 per ton. From 2020 to 2022, the average 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 the United States ($19,177 per ton), while the price for China ($4,055 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Ball Bearing Parts Price in Spain (FOB) - 2023
In June 2023, the average ball bearing parts export price amounted to $10,693 per ton, surging by 58% against the previous month. In general, the export price, however, showed a noticeable contraction. The pace of growth was the most pronounced in August 2022 an increase of 61% month-to-month. Over the period under review, the average export prices hit record highs at $15,039 per ton in February 2023; however, from March 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Sweden ($31,661 per ton), while the average price for exports to Italy ($7,303 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.
Ball Bearing Parts Imports in Spain
In 2022, approx. 11K tons of parts of ball or roller bearings were imported into Spain; jumping by 64% against the previous year's figure. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ball bearing parts imports surged to $90M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +68.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Ball Bearing Parts in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 14.4 | 11.2 | 21.3 | 25.3 | 20.7% |
| Germany | 7.9 | 12.6 | 16.2 | 18.9 | 33.7% |
| France | 20.5 | 14.7 | 17.3 | 17.5 | -5.1% |
| China | 4.0 | 4.1 | 7.7 | 11.1 | 40.5% |
| India | 3.7 | 2.0 | 3.6 | 7.3 | 25.4% |
| Japan | 1.9 | 2.0 | 2.6 | 2.2 | 5.0% |
| Netherlands | 2.2 | 2.1 | 3.5 | 1.3 | -16.1% |
| South Korea | 0.7 | 0.1 | 0.5 | 0.5 | -10.6% |
| Others | 9.0 | 4.5 | 4.0 | 5.9 | -13.1% |
| Total | 64.3 | 53.5 | 76.7 | 90.0 | 11.9% |
Top Suppliers of Ball Bearing Parts to Spain in 2022:
- China (2.7K tons)
- Italy (2.4K tons)
- France (2.0K tons)
- Germany (2.0K tons)
- India (1.5K tons)
- Japan (0.2K tons)
- Netherlands (0.1K tons)
- South Korea (0.1K tons)
Ball Bearing Parts Exports in Spain
In 2022, exports of parts of ball or roller bearings from Spain surged to 3.4K tons, growing by 15% compared with the previous year. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 15%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, ball bearing parts exports surged to $42M in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Ball Bearing Parts in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.5 | 6.7 | 11.1 | 9.7 | 4.5% |
| Sweden | 3.9 | 5.7 | 5.4 | 8.3 | 28.6% |
| Germany | 5.5 | 5.6 | 5.5 | 7.4 | 10.4% |
| Portugal | 2.6 | 2.9 | 3.9 | 3.7 | 12.5% |
| Netherlands | 2.4 | 1.7 | 2.3 | 3.3 | 11.2% |
| United States | 2.2 | 1.5 | 1.6 | 2.1 | -1.5% |
| France | 1.3 | 0.7 | 1.2 | 1.5 | 4.9% |
| Brazil | 0.3 | 0.5 | 0.5 | 0.9 | 44.2% |
| Poland | 1.7 | 1.5 | 0.4 | 0.5 | -33.5% |
| Others | 4.7 | 3.3 | 4.7 | 5.1 | 2.8% |
| Total | 33.2 | 30.1 | 36.7 | 42.5 | 8.6% |
Top Export Markets for Ball Bearing Parts from Spain in 2022:
- Italy (1400.5 tons)
- Germany (545.7 tons)
- Portugal (291.1 tons)
- Sweden (286.6 tons)
- United States (237.2 tons)
- Netherlands (171.3 tons)
- Brazil (107.1 tons)
- France (94.9 tons)
- Poland (20.6 tons)
This report provides an in-depth analysis of the ball bearing parts market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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This report provides an in-depth analysis of the ball bearing parts market in Spain.
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105
From December 2022 to October 2023, imports of Ball Bearing Parts saw a modest growth trend, with imports reaching $6.4M in value in October 2023.
107
Between April and October 2023, the import growth of Cylindrical Roller Bearings failed to pick up pace. In October 2023, the value of these imports notably increased to $4M.
284
As of April 2023, the cost of Cylindrical Roller Bearings in Spain was $19,839 per ton (CIF), marking a 6% increase from the previous month.
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From April 2023 to September 2023, the import growth of Bearing remained at a slightly lower figure. The value of Bearing imports surged to $36M in September 2023.
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Explore the top import markets for ball bearings, including Germany, China, the United States, and more. Find key statistics and data on the global demand for ball bearings.
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Discover the leading import markets for cylindrical roller bearings and their impact on the global industry. From China to South Korea, learn about the key players driving the demand for these essential components.
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Explore the top import markets for bearings, including China, Germany, and the United States. Discover key statistics and figures that highlight the growth and demand in this thriving industry.
105
From December 2022 to October 2023, imports of Ball Bearing Parts saw a modest growth trend, with imports reaching $6.4M in value in October 2023.
107
Between April and October 2023, the import growth of Cylindrical Roller Bearings failed to pick up pace. In October 2023, the value of these imports notably increased to $4M.
284
As of April 2023, the cost of Cylindrical Roller Bearings in Spain was $19,839 per ton (CIF), marking a 6% increase from the previous month.
