Japan - Cylindrical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCylindrical Roller Bearing Price in Japan - 2023
Contents:
- Cylindrical Roller Bearing Price in Japan (FOB) - 2023
- Cylindrical Roller Bearing Price in Japan (CIF) - 2023
- Cylindrical Roller Bearing Exports in Japan
- Cylindrical Roller Bearing Imports in Japan
Cylindrical Roller Bearing Price in Japan (FOB) - 2023
The export price in Japan stood at $20,563 per ton in July 2023, surging by 6.4% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the export price increased by 8.4% m-o-m. As a result, the export price reached the peak level of $23,258 per ton. From February 2023 to July 2023, the the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In July 2023, the country with the highest price was the United States ($33,260 per ton), while India ($12,918 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+1.4%), while the other leaders experienced more modest paces of growth.
Cylindrical Roller Bearing Price in Japan (CIF) - 2023
The import price in Japan stood at $34,219 per ton in July 2023, with a decrease of -10.5% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 68% m-o-m. As a result, import price reached the peak level of $58,141 per ton. From April 2023 to July 2023, the import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In July 2023, the country with the highest price was Vietnam ($67,646 per ton), while France ($11,550 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.2%), while the other leaders experienced more modest paces of growth.
Cylindrical Roller Bearing Exports in Japan
Cylindrical roller bearing exports from Japan expanded significantly to 18K tons in 2022, with an increase of 5.2% against the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 6.6%.
In value terms, cylindrical roller bearing exports shrank slightly to $375M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, the exports attained the peak of $384M, and then reduced modestly in the following year.
Export of Cylindrical Roller Bearing in Japan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 998 | 942 | 992 | 902 | -3.3% |
China | 244 | 195 | 271 | 298 | 6.9% |
Romania | 139 | 118 | 114 | 156 | 3.9% |
France | 172 | 111 | 145 | 150 | -4.5% |
Slovakia | 111 | 95.6 | 108 | 110 | -0.3% |
Italy | 102 | 69.9 | 89.3 | 99.3 | -0.9% |
Canada | 95.0 | 78.8 | 80.6 | 91.8 | -1.1% |
Kazakhstan | 76.3 | 49.3 | 51.8 | 90.3 | 5.8% |
Hong Kong SAR | 117 | 144 | 114 | 89.5 | -8.5% |
India | 55.4 | 47.1 | 69.9 | 77.1 | 11.6% |
Taiwan (Chinese) | 12.6 | 48.3 | 65.3 | 56.8 | 65.2% |
Poland | 22.9 | 19.0 | 28.1 | 28.1 | 7.1% |
Russia | 21.8 | 20.1 | 24.2 | 22.1 | 0.5% |
Others | -1,793.9 | -1,604.0 | -1,769.4 | -1,796.0 | 0.0% |
Total | 374 | 335 | 384 | 375 | 0.1% |
Top Export Markets for Cylindrical Roller Bearing from Japan in 2022:
- Germany (30.6K tons)
- China (25.8K tons)
- Romania (10.8K tons)
- Slovakia (7.9K tons)
- Taiwan (Chinese) (5.9K tons)
- Kazakhstan (5.3K tons)
- Canada (2.8K tons)
- Poland (2.7K tons)
- Russia (2.7K tons)
- Hong Kong SAR (2.7K tons)
- Italy (2.6K tons)
- France (2.6K tons)
- India (2.4K tons)
Cylindrical Roller Bearing Imports in Japan
In 2022, supplies from abroad of cylindrical roller bearings increased by 41% to 1.5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt curtailment.
In value terms, cylindrical roller bearing imports totaled $60M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cylindrical Roller Bearing in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 674 | 799 | 858 | 732 | 2.8% |
Germany | 402 | 313 | 398 | 445 | 3.4% |
United States | 365 | 275 | 307 | 391 | 2.3% |
Mexico | 125 | 104 | 108 | 130 | 1.3% |
Italy | 123 | 105 | 126 | 126 | 0.8% |
Brazil | 68.0 | 56.3 | 78.8 | 109 | 17.0% |
Russia | 152 | 103 | 111 | 107 | -11.0% |
South Korea | 121 | 98.4 | 110 | 104 | -4.9% |
Spain | 57.0 | 202 | 164 | 87.9 | 15.5% |
Indonesia | 31.3 | 25.4 | 33.6 | 52.9 | 19.1% |
Turkey | 34.0 | 36.7 | 42.7 | 52.6 | 15.7% |
Czech Republic | 36.3 | 33.0 | 41.5 | 44.8 | 7.3% |
Thailand | 39.6 | 33.8 | 40.0 | 36.0 | -3.1% |
Others | -2,173.2 | -2,136.4 | -2,362.9 | -2,356.8 | 2.7% |
Total | 54.8 | 49.7 | 54.5 | 60.4 | 3.3% |
Top Suppliers of Cylindrical Roller Bearing to Japan in 2022:
- China (29.9K tons)
- Russia (23.2K tons)
- Germany (22.0K tons)
- United States (10.2K tons)
- Spain (6.2K tons)
- Mexico (5.6K tons)
- Italy (5.3K tons)
- Brazil (4.7K tons)
- Thailand (4.6K tons)
- South Korea (4.5K tons)
- Indonesia (3.9K tons)
- Turkey (3.5K tons)
- Czech Republic (3.2K tons)
This report provides an in-depth analysis of the cylindrical roller bearing market in Japan. 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 28151057 - Cylindrical roller bearings (excluding roller bearings, needle roller bearings)
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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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The Bearing industry experienced rapid growth in June 2023 with a 24% increase in exports compared to the previous month. However, by November 2023, the value of Bearing exports dropped to $212M.
The Bearing industry experienced a significant growth rate of 24% month-on-month in June 2023, but saw a decline in exports to $212 million in November 2023.
In April 2023, the price of Ball Bearing reached $16,816 per ton (FOB, Japan), experiencing a decrease of -3.5% compared to the previous month.
In February 2023, the needle roller bearing exports saw a rapid growth of 39% month-over-month. However, in November 2023, the value of needle roller bearing exports decreased to $17M.
The most significant growth rate was observed in June 2023, with exports of Spherical Roller Bearings increasing by 23% month-on-month. In terms of value, Spherical Roller Bearing exports declined to $14M in November 2023.
In February 2023, the spherical roller bearing price amounted to $12,597 per ton (FOB, Japan), almost unchanged from the previous month.
Exports of Tapered Roller Bearings decreased to $45M in July 2023 in terms of value.
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