Slovakia - Cylindrical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Slovakia - Cylindrical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Cylindrical Roller Bearing Price in Slovakia - 2023

Contents:

  1. Cylindrical Roller Bearing Price in Slovakia (FOB) - 2023
  2. Cylindrical Roller Bearing Price in Slovakia (CIF) - 2023
  3. Cylindrical Roller Bearing Exports in Slovakia
  4. Cylindrical Roller Bearing Imports in Slovakia

Cylindrical Roller Bearing Price in Slovakia (FOB) - 2023

The export price in Slovakia stood at $14,878 per ton in June 2023, waning by -3.4% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when the export price increased by 12% month-to-month. Over the period under review, the export prices reached the peak figure at $15,761 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($19,614 per ton), while Ukraine ($7,791 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 Russia (+19.4%), while the other leaders experienced more modest paces of growth.

Cylindrical Roller Bearing Price in Slovakia (CIF) - 2023

The import price in Slovakia stood at $10,604 per ton in June 2023, surging by 3.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in August 2022 when the import price increased by 17% against the previous month. Over the period under review, import prices hit record highs at $11,609 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In June 2023, the country with the highest price was Sweden ($107K per ton), while Slovenia ($7,140 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 Sweden (+26.1%), while the other leaders experienced more modest paces of growth.

Cylindrical Roller Bearing Exports in Slovakia

In 2022, shipments abroad of cylindrical roller bearings was finally on the rise to reach 7.9K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a noticeable descent.

In value terms, cylindrical roller bearing exports rose modestly to $110M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year.

Export of Cylindrical Roller Bearing in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany998942992902-3.3%
Japan3743353843750.1%
China2441952712986.9%
Romania1391181141563.9%
France172111145150-4.5%
Italy10269.989.399.3-0.9%
Canada95.078.880.691.8-1.1%
Kazakhstan76.349.351.890.35.8%
Hong Kong SAR11714411489.5-8.5%
India55.447.169.977.111.6%
Taiwan (Chinese)12.648.365.356.865.2%
Poland22.919.028.128.17.1%
Russia21.820.124.222.10.5%
Others-2,319.5-2,083.0-2,321.1-2,325.20.1%
Total11195.6108110-0.3%

Top Export Markets for Cylindrical Roller Bearing from Slovakia in 2022:

  1. Germany (30.6K tons)
  2. China (25.8K tons)
  3. Japan (17.9K tons)
  4. Romania (10.8K tons)
  5. Taiwan (Chinese) (5.9K tons)
  6. Kazakhstan (5.3K tons)
  7. Canada (2.8K tons)
  8. Poland (2.7K tons)
  9. Russia (2.7K tons)
  10. Hong Kong SAR (2.7K tons)
  11. Italy (2.6K tons)
  12. France (2.6K tons)
  13. India (2.4K tons)

Cylindrical Roller Bearing Imports in Slovakia

In 2022, the amount of cylindrical roller bearings imported into Slovakia soared to 2.5K tons, growing by 16% compared with 2021 figures. Over the period under review, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 122% against the previous year. Slovakia imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, cylindrical roller bearing imports rose rapidly to $25M in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 134%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Cylindrical Roller Bearing in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6747998587322.8%
Germany4023133984453.4%
United States3652753073912.3%
Mexico1251041081301.3%
Italy1231051261260.8%
Brazil68.056.378.810917.0%
Russia152103111107-11.0%
South Korea12198.4110104-4.9%
Spain57.020216487.915.5%
Indonesia31.325.433.652.919.1%
Turkey34.036.742.752.615.7%
Czech Republic36.333.041.544.87.3%
Thailand39.633.840.036.0-3.1%
Others-2,215.0-2,176.7-2,395.5-2,392.42.6%
Total13.09.422.024.824.0%

Top Suppliers of Cylindrical Roller Bearing to Slovakia in 2022:

  1. China (29.9K tons)
  2. Russia (23.2K tons)
  3. Germany (22.0K tons)
  4. United States (10.2K tons)
  5. Spain (6.2K tons)
  6. Mexico (5.6K tons)
  7. Italy (5.3K tons)
  8. Brazil (4.7K tons)
  9. Thailand (4.6K tons)
  10. South Korea (4.5K tons)
  11. Indonesia (3.9K tons)
  12. Turkey (3.5K tons)
  13. Czech Republic (3.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cylindrical roller bearing market in Slovakia. 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:

  • Slovakia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovakia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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