Russian Federation - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBearing Price in Russia - 2022
Contents:
- Bearing Price in Russia (CIF) - 2022
- Bearing Price in Russia (FOB) - 2022
- Bearing Imports in Russia
- Bearing Exports in Russia
Bearing Price in Russia (CIF) - 2022
The average bearing import price stood at $6,964 per ton in January 2022, picking up by 2.3% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in May 2021 when the average import price increased by 19% month-to-month. Over the period under review, average import prices reached the peak figure at $8,000 per ton in October 2021; however, from November 2021 to January 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($21,469 per ton), while the price for Kazakhstan ($3,187 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 Italy (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Bearing Price in Russia (FOB) - 2022
In January 2022, the average bearing export price amounted to $9,021 per ton, declining by -10.9% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2021 an increase of 63% against the previous month. As a result, the export price attained the peak level of $12,561 per ton. From September 2021 to January 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2022, the country with the highest price was Ukraine ($16,664 per ton), while the average price for exports to Poland ($5,021 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 Ukraine (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bearing Imports in Russia
In 2022, after three years of growth, there was decline in supplies from abroad of ball and roller bearings, when their volume decreased by -1.7% to 70K tons. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 3.5% against the previous year. As a result, imports attained the peak of 71K tons, and then contracted modestly in the following year.
In value terms, bearing imports dropped to $476M in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of $512M, and then contracted in the following year.
| Import of Bearing in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Kazakhstan | 80.4 | 57.5 | -28.5% | ||
| Germany | 59.1 | 55.4 | -6.3% | ||
| Japan | 45.2 | 38.9 | -13.9% | ||
| Malaysia | 18.8 | 35.3 | 87.8% | ||
| China | 32.7 | 35.0 | 7.0% | ||
| Italy | 29.9 | 25.8 | -13.7% | ||
| United States | 27.5 | 24.3 | -11.6% | ||
| Belarus | 28.9 | 23.5 | -18.7% | ||
| France | 27.1 | 19.9 | -26.6% | ||
| Romania | 18.7 | 19.7 | 5.3% | ||
| India | 27.5 | 17.9 | -34.9% | ||
| Slovakia | 16.8 | 16.4 | -2.4% | ||
| Austria | 13.4 | 13.5 | 0.7% | ||
| Others | 51.7 | 56.1 | 8.5% | ||
| Total | 478 | 439 | -8.2% | ||
Top Suppliers of Bearing to Russia in 2022:
- Romania (undefinedK tons)
- Belarus (undefinedK tons)
- Italy (undefinedK tons)
- Japan (undefinedK tons)
- India (undefinedK tons)
- France (undefinedK tons)
- United States (undefinedK tons)
- Malaysia (undefinedK tons)
- Austria (undefinedK tons)
- China (undefinedK tons)
- Slovakia (undefinedK tons)
- Germany (0.1K tons)
- Kazakhstan (0.1K tons)
Bearing Exports in Russia
In 2022, approx. 13K tons of ball and roller bearings were exported from Russia; which is down by -3.3% on the previous year. In general, exports saw a pronounced downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 7.1%.
In value terms, bearing exports shrank modestly to $119M in 2022. Overall, exports saw a pronounced descent. The pace of growth appeared the most rapid in 2021 when exports increased by 11%.
| Export of Bearing in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Belarus | 56.8 | 42.3 | -25.5% | ||
| Kazakhstan | 22.1 | 23.3 | 5.4% | ||
| China | 5.3 | 11.2 | 111.3% | ||
| Ukraine | 12.3 | 7.7 | -37.4% | ||
| India | 11.0 | 7.7 | -30.0% | ||
| Poland | 2.9 | 4.8 | 65.5% | ||
| Germany | 4.0 | 3.0 | -25.0% | ||
| Pakistan | 0.1 | 2.6 | 2500.0% | ||
| Mongolia | 0.4 | 2.0 | 400.0% | ||
| Oman | N/A | 0.1 | 0% | ||
| Others | 14.3 | 8.7 | -39.2% | ||
| Total | 129 | 113 | -12.4% | ||
Top Export Markets for Bearing from Russia in 2022:
- Ukraine (undefinedK tons)
- Pakistan (undefinedK tons)
- Belarus (undefinedK tons)
- Oman (undefinedK tons)
- Poland (undefinedK tons)
- India (undefinedK tons)
- Mongolia (undefinedK tons)
- Germany (undefinedK tons)
- China (undefinedK tons)
- Kazakhstan (undefinedK tons)
This report provides an in-depth analysis of the bearing 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 28151030 - Ball bearings
- Prodcom 28151053 - Tapered roller bearings (including cone and tapered roller assemblies)
- Prodcom 28151055 - Spherical roller bearings
- Prodcom 28151057 - Cylindrical roller bearings (excluding roller bearings, needle roller bearings)
- Prodcom 28151070 - Needle roller bearings
- Prodcom 28151090 - Roller bearings (including combined ball/roller bearings) (excluding tapered roller bearings, spherical roller bearings, n eedle roller bearings)
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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