Czech Republic - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBearing Price in the Czech Republic - 2023
Contents:
- Bearing Price in the Czech Republic (CIF) - 2023
- Bearing Price in the Czech Republic (FOB) - 2023
- Bearing Imports in the Czech Republic
- Bearing Exports in the Czech Republic
Bearing Price in the Czech Republic (CIF) - 2023
The average bearing import price stood at $15,522 per ton in August 2023, shrinking by -8.7% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 47% against the previous month. As a result, import price attained the peak level of $21,911 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($20,526 per ton), while the price for Turkey ($8,909 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Bearing Price in the Czech Republic (FOB) - 2023
In August 2023, the average bearing export price amounted to $12,750 per ton, dropping by -43.8% against the previous month. In general, the export price showed a perceptible shrinkage. The growth pace was the most rapid in May 2023 an increase of 149% against the previous month. Over the period under review, the average export prices attained the maximum at $25,463 per ton in March 2023; however, from April 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was the Netherlands ($60,851 per ton), while the average price for exports to Slovakia ($7,937 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.
Bearing Imports in the Czech Republic
In 2022, after two years of decline, there was significant growth in purchases abroad of ball and roller bearings, when their volume increased by 11% to 21K tons. Overall, imports, however, continue to indicate a noticeable contraction.
In value terms, bearing imports rose significantly to $352M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Bearing in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Germany | 154 | 188 | 22.1% | ||
| Slovakia | 45.8 | 30.8 | -32.8% | ||
| France | 23.8 | 21.4 | -10.1% | ||
| Italy | 29.6 | 15.4 | -48.0% | ||
| China | 36.1 | 15.1 | -58.2% | ||
| Poland | 15.1 | 12.1 | -19.9% | ||
| Netherlands | 2.6 | 10.7 | 311.5% | ||
| Belgium | 1.7 | 8.4 | 394.1% | ||
| United Kingdom | 13.9 | 8.3 | -40.3% | ||
| Japan | 24.8 | 7.9 | -68.1% | ||
| Spain | 2.3 | 7.7 | 234.8% | ||
| Romania | 13.1 | 7.2 | -45.0% | ||
| Others | -38.9 | -45.9 | 18.0% | ||
| Total | 324 | 287 | -11.4% | ||
Top Suppliers of Bearing to the Czech Republic in 2022:
- Germany (2539.3K tons)
- Slovakia (416.0K tons)
- France (288.4K tons)
- Italy (208.1K tons)
- China (203.7K tons)
- Poland (163.5K tons)
- Netherlands (145.0K tons)
- Belgium (113.1K tons)
- United Kingdom (111.8K tons)
- Japan (107.3K tons)
- Spain (104.1K tons)
- Romania (97.2K tons)
Bearing Exports in the Czech Republic
In 2022, shipments abroad of ball and roller bearings was finally on the rise to reach 9.8K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a deep slump.
In value terms, bearing exports totaled $222M in 2022. The total export value increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Bearing in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Germany | 119 | 104 | -12.6% | ||
| Slovakia | 25.0 | 25.6 | 2.4% | ||
| China | 8.2 | 12.6 | 53.7% | ||
| Spain | 14.5 | 11.0 | -24.1% | ||
| United States | 6.1 | 8.7 | 42.6% | ||
| France | 10.9 | 8.2 | -24.8% | ||
| Austria | 6.1 | 6.1 | 0.0% | ||
| Italy | 5.2 | 5.5 | 5.8% | ||
| India | 5.4 | 5.0 | -7.4% | ||
| Netherlands | 8.3 | 4.3 | -48.2% | ||
| Poland | 4.3 | 3.7 | -14.0% | ||
| Russia | 3.7 | 3.5 | -5.4% | ||
| Others | -21.7 | -19.2 | -11.5% | ||
| Total | 195 | 179 | -8.2% | ||
Top Export Markets for Bearing from the Czech Republic in 2022:
- Germany (577.0K tons)
- Slovakia (141.8K tons)
- China (70.1K tons)
- Spain (61.2K tons)
- United States (48.4K tons)
- France (45.7K tons)
- Austria (33.9K tons)
- Italy (30.3K tons)
- India (27.5K tons)
- Netherlands (23.9K tons)
- Poland (20.3K tons)
- Russia (19.4K tons)
This report provides an in-depth analysis of the bearing market in the Czech Republic. 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:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- 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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