Norway - Cylindrical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCylindrical Roller Bearing Price in Norway - 2023
Contents:
- Cylindrical Roller Bearing Price in Norway (CIF) - 2023
- Cylindrical Roller Bearing Price in Norway (FOB) - 2022
- Cylindrical Roller Bearing Imports in Norway
- Cylindrical Roller Bearing Exports in Norway
Cylindrical Roller Bearing Price in Norway (CIF) - 2023
In August 2023, the import price in Norway amounted to $70,764 per ton, picking up by 59% against the previous month. Overall, the import price continues to indicate moderate growth. The pace of growth appeared the most rapid in January 2023 when the import price increased by 119% m-o-m. As a result, import price attained the peak level of $98,194 per ton. From February 2023 to August 2023, the import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In August 2023, the country with the highest price was the United States ($262K per ton), while Slovakia ($15,781 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 the UK (+8.8%), while the other leaders experienced more modest paces of growth.
Cylindrical Roller Bearing Price in Norway (FOB) - 2022
In 2022, the export price in Norway amounted to $65,130 per ton, with an increase of 29% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cylindrical roller bearing export price increased by +58.0% against 2020 indices. The Norway export price peaked at $68,274 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($57,238 per ton), while Russia ($8,046 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the other leaders experienced more modest paces of growth.
Cylindrical Roller Bearing Imports in Norway
In 2022, cylindrical roller bearing imports into Norway dropped markedly to 122 tons, waning by -32.5% against the previous year's figure. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of 181 tons, and then declined markedly in the following year.
In value terms, cylindrical roller bearing imports fell significantly to $5.1M in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports reached the peak of $8.5M, and then dropped sharply in the following year.
| Import of Cylindrical Roller Bearing in Norway (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 | -2,220.6 | -2,180.3 | -2,408.9 | -2,412.1 | 2.8% |
| Total | 7.3 | 5.9 | 8.5 | 5.1 | -11.3% |
Top Suppliers of Cylindrical Roller Bearing to Norway 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)
Cylindrical Roller Bearing Exports in Norway
In 2022, approx. 42 tons of cylindrical roller bearings were exported from Norway; growing by 5.8% compared with the previous year. Over the period under review, exports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 7.1% against the previous year. As a result, the exports reached the peak of 60 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cylindrical roller bearing exports skyrocketed to $2.7M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern.
| Export of Cylindrical Roller Bearing in Norway (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 | -2,484.3 | -2,224.6 | -2,465.6 | -2,466.0 | -0.2% |
| Total | 2.8 | 2.5 | 2.0 | 2.7 | -1.2% |
Top Export Markets for Cylindrical Roller Bearing from Norway 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 Norway. 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:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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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