Mexico - Ball Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Price in Mexico - 2023
Contents:
- Ball Bearing Price in Mexico (CIF) - 2022
- Ball Bearing Price in Mexico (FOB) - 2022
- Ball Bearing Imports in Mexico
- Ball Bearing Exports in Mexico
Ball Bearing Price in Mexico (CIF) - 2022
In 2022, the import price in Mexico amounted to $13,338 per ton, growing by 5.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 5.6% against the previous year. As a result, import price attained the peak level of $13,612 per ton. From 2014 to 2022, the import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($26,401 per ton), while Indonesia ($7,186 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the other leaders experienced a decline in the import price figures.
Ball Bearing Price in Mexico (FOB) - 2022
The export price in Mexico stood at $17,041 per ton in 2022, jumping by 80% against the previous year. Over the period under review, the export price posted a perceptible increase. The growth pace was the most rapid in 2016 an increase of 129% against the previous year. Over the period under review, the export prices hit record highs at $25,084 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($201,523 per ton), while China ($6,818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.6%), while the other leaders experienced more modest paces of growth.
Ball Bearing Imports in Mexico
In 2022, the amount of ball bearings imported into Mexico fell modestly to 45K tons, which is down by -3.2% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of 46K tons, and then shrank modestly in the following year.
In value terms, ball bearing imports expanded slightly to $595M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Ball Bearing in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,837 | 1,453 | 1,903 | 1,966 | 2.3% |
| China | 1,410 | 1,531 | 2,096 | 1,929 | 11.0% |
| United States | 1,254 | 1,000 | 1,289 | 1,375 | 3.1% |
| India | 435 | 343 | 533 | 619 | 12.5% |
| Italy | 527 | 418 | 563 | 588 | 3.7% |
| Netherlands | 445 | 432 | 519 | 518 | 5.2% |
| France | 514 | 380 | 460 | 467 | -3.1% |
| Japan | 421 | 348 | 416 | 441 | 1.6% |
| Brazil | 244 | 226 | 333 | 393 | 17.2% |
| South Korea | 348 | 302 | 401 | 351 | 0.3% |
| Indonesia | 246 | 178 | 237 | 256 | 1.3% |
| Spain | 174 | 141 | 188 | 200 | 4.8% |
| Russia | 246 | 175 | 212 | 194 | -7.6% |
| Others | -7,584.2 | -6,494.0 | -8,567.4 | -8,700.1 | 4.7% |
| Total | 518 | 433 | 583 | 595 | 4.7% |
Top Suppliers of Ball Bearing to Mexico in 2022:
- Germany (128.3K tons)
- United States (99.4K tons)
- India (85.5K tons)
- China (73.1K tons)
- Italy (45.0K tons)
- Netherlands (44.4K tons)
- Brazil (42.5K tons)
- Indonesia (35.6K tons)
- France (32.4K tons)
- Russia (24.9K tons)
- South Korea (23.1K tons)
- Japan (21.7K tons)
- Spain (21.4K tons)
Ball Bearing Exports in Mexico
Ball bearing exports from Mexico shrank notably to 5.1K tons in 2022, which is down by -52.1% against 2021. Overall, exports recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 when exports increased by 151%. As a result, the exports reached the peak of 11K tons, and then contracted notably in the following year.
In value terms, ball bearing exports dropped to $86M in 2022. In general, exports recorded a abrupt decline. The smallest decline of -2.9% was in 2021.
| Export of Ball Bearing in Mexico (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 2.5 | 3.5 | 3.6 | 11.5% |
| Japan | 1.8 | 1.5 | 2.0 | 1.9 | 1.8% |
| Germany | 1.7 | 1.6 | 2.0 | 1.9 | 3.8% |
| Italy | 0.9 | 0.7 | 0.9 | 0.9 | 0.0% |
| France | 0.8 | 0.6 | 0.8 | 0.7 | -4.4% |
| Netherlands | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
| Thailand | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| South Korea | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
| Poland | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | -9.2 | -8.2 | -10.7 | -10.6 | 4.8% |
| Total | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Top Export Markets for Ball Bearing from Mexico in 2022:
- China (534.7K tons)
- Japan (106.6K tons)
- Germany (70.7K tons)
- Italy (61.0K tons)
- South Korea (38.3K tons)
- France (35.5K tons)
- Netherlands (35.2K tons)
- Poland (24.6K tons)
- Thailand (19.3K tons)
This report provides an in-depth analysis of the ball bearing market in Mexico. 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 28151030 - Ball bearings
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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 market in Mexico.
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In July 2022, the bearing price stood at $11.0 per kg (CIF, Mexico), reducing by -24.4% against the previous month.
166
In February 2023, the import of Cylindrical Roller Bearings witnessed an outstanding growth rate of 64% compared to the previous month. Additionally, the value of these imports escalated significantly, reaching $12M in October 2023.
118
In January 2023, Tapered Roller Bearing imports experienced a significant growth rate of 25% compared to the previous month. However, by December 2023, the value of tapered roller bearing imports had decreased significantly to $20M.
213
The price of Tapered Roller Bearing in Mexico remained almost unchanged at $10,583 per ton (CIF) in April 2023 compared to the previous month.
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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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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.
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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.
331
In July 2022, the bearing price stood at $11.0 per kg (CIF, Mexico), reducing by -24.4% against the previous month.
166
In February 2023, the import of Cylindrical Roller Bearings witnessed an outstanding growth rate of 64% compared to the previous month. Additionally, the value of these imports escalated significantly, reaching $12M in October 2023.
118
In January 2023, Tapered Roller Bearing imports experienced a significant growth rate of 25% compared to the previous month. However, by December 2023, the value of tapered roller bearing imports had decreased significantly to $20M.
