Mexico - Cylindrical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCylindrical Roller Bearing Price in Mexico - 2023
Contents:
- Cylindrical Roller Bearing Price in Mexico (CIF) - 2023
- Cylindrical Roller Bearing Price in Mexico (FOB) - 2023
- Cylindrical Roller Bearing Imports in Mexico
- Cylindrical Roller Bearing Exports in Mexico
Cylindrical Roller Bearing Price in Mexico (CIF) - 2023
The import price in Mexico stood at $25,599 per ton in June 2023, growing by 54% against the previous month. In general, import price indicated a slight increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, cylindrical roller bearing import price increased by +87.3% against March 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($52,272 per ton), while Italy ($15,732 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.8%), while the other leaders experienced more modest paces of growth.
Cylindrical Roller Bearing Price in Mexico (FOB) - 2023
The export price in Mexico stood at $21,846 per ton in June 2023, jumping by 16% against the previous month. Over the period under review, the export price continues to indicate perceptible growth. The growth pace was the most rapid in December 2022 when the export price increased by 240% m-o-m. Over the period under review, the export prices attained the peak figure at $35,111 per ton in July 2022; however, from August 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In June 2023, the country with the highest price was the United States ($26,233 per ton), while China amounted to $13,023 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.3%), while the other leaders experienced mixed trends in the export price figures.
Cylindrical Roller Bearing Imports in Mexico
In 2022, after two years of decline, there was significant growth in overseas purchases of cylindrical roller bearings, when their volume increased by 27% to 5.6K tons. In general, imports, however, saw a abrupt curtailment.
In value terms, cylindrical roller bearing imports skyrocketed to $130M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cylindrical Roller Bearing in Mexico (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% |
| Italy | 123 | 105 | 126 | 126 | 0.8% |
| France | 106 | 91.3 | 113 | 119 | 3.9% |
| 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 | -2,083.8 | -2,069.5 | -2,313.9 | -2,276.2 | 3.0% |
| Total | 125 | 104 | 108 | 130 | 1.3% |
Top Suppliers of Cylindrical Roller Bearing to Mexico in 2022:
- China (29.9K tons)
- Russia (23.2K tons)
- Germany (22.0K tons)
- United States (10.2K tons)
- Spain (6.2K 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)
- France (2.9K tons)
Cylindrical Roller Bearing Exports in Mexico
In 2022, the amount of cylindrical roller bearings exported from Mexico surged to 1.2K tons, with an increase of 66% on 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 73% against the previous year. The Mexico exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, cylindrical roller bearing exports expanded rapidly to $20M in 2022. The total export value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 31%. The Mexico exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Cylindrical Roller Bearing in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 998 | 942 | 992 | 902 | -3.3% |
| Japan | 374 | 335 | 384 | 375 | 0.1% |
| 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% |
| 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 | -2,469.1 | -2,213.5 | -2,449.7 | -2,448.5 | -0.3% |
| Total | 17.9 | 13.6 | 17.9 | 20.2 | 4.1% |
Top Export Markets for Cylindrical Roller Bearing from Mexico in 2022:
- Germany (30.6K tons)
- China (25.8K tons)
- Japan (17.9K 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)
This report provides an in-depth analysis of the cylindrical roller 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 28151057 - Cylindrical roller bearings (excluding roller bearings, needle roller 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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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.
331
In July 2022, the bearing price stood at $11.0 per kg (CIF, Mexico), reducing by -24.4% against the previous month.
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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.
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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 bearings, including China, Germany, and the United States. Discover key statistics and figures that highlight the growth and demand in this thriving industry.
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.
331
In July 2022, the bearing price stood at $11.0 per kg (CIF, Mexico), reducing by -24.4% against the previous month.
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.
