Needle Roller Bearing Market

Needle roller bearing market: get access to the latest data empowered by an Ai-driven business intelligence platform. Facts and figures include exports, market prices, market size, consumption, production, companies, imports, and trade. There is a split by region, including the U.K., EU, China, Russia, Latin America, the Middle East, Africa, and the U.S. Market insights and outlook to 2030 are also provided in the dashboards.


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Needle Roller Bearing - World's Largest Markets

RatingCountry
1China
2India
3United States
4Germany
5Japan

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.

In China, the needle roller bearing market increased at an average annual rate of +1.8% over the period from 2018-2020. In the other countries, the average annual rates were as follows: India (-0.4% per year) and the United States (-3.7% per year).

Needle Roller Bearing Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Romania1329991948329-20.9%
Canada244381515813970-24.4%
Czech Republic162061604615710-1.5%
Slovakia170501651016920-0.4%
France1652517429176873.5%
South Korea1642517979181265.1%
Mexico13283204031985822.3%
China419772935627107-19.6%
Japan2582227007280724.3%
Germany358593611933518-3.3%
United States346383447934320-0.5%
Netherlands3197831059355425.4%
Average272152580626104-2.1%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Netherlands ($35,542 per ton), while Romania ($8,329 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China3719938141380461.1%
Netherlands326462737032287-0.6%
South Korea2933328595294300.2%
Japan309682793927777-5.3%
Italy303742631127074-5.6%
Brazil388702386321533-25.6%
Austria1894819652208905.0%
Czech Republic1977618738206742.2%
France234122075420155-7.2%
Thailand198932547717213-7.0%
Mexico1520615826159102.3%
Germany164061548215802-1.9%
United States196452547315664-10.7%
Average226492200121071-3.5%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($38,046 per ton), while the United States ($15,664 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Austria, while the other global leaders experienced more modest paces of growth.

Needle Roller Bearing - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany0.20.20.2-12.5%
United States0.20.20.1-12.3%
Mexico0.10.10.1-8.0%
China0.20.10.1-19.1%
South Korea0.090.080.07-12.9%

In value terms, the largest needle roller bearing importing markets worldwide were Germany ($163M), the United States ($121M) and Mexico ($110M), together comprising 33% of global imports. China, South Korea, Japan, France, Thailand, Italy, the Netherlands, Brazil, Austria and the Czech Republic lagged somewhat behind, together comprising a further 36%.

Brazil saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Needle Roller Bearing - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany0.30.30.2-8.9%
Japan0.30.30.2-12.7%
China0.20.20.2-5.6%
United States0.10.10.1-7.3%
Slovakia0.090.080.07-15.0%

In value terms, Germany ($234M), Japan ($212M) and China ($163M) appeared to be the countries with the highest levels of exports in 2020, together comprising 55% of global exports. The United States, Slovakia, France, South Korea, the Netherlands, the Czech Republic, Mexico, Canada and Romania lagged somewhat behind, together accounting for a further 32%.

In terms of the main exporting countries, South Korea recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Needle Roller Bearing - Market Forecast

Driven by rising demand for needle roller bearing worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Needle Roller Bearing - Top Companies

NTN CORPORATION, The Timken Company, CHENG DU NSK BEARING CO.,LTD, Schaeffler Group USA Inc., SKF GmbH, Forbo International SA, SKF INDUSTRIE SPA, Rbs Global, Inc., Rbc Bearings Incorporated, Kaydon Corporation, Nn, Inc., BELIMO Automation AG, OILES CORPORATION, NIPPON THOMPSON CO., LTD., Schaeffler Skalica, spol. s r.o., Roller Bearing Company of America, Inc., NAKANISHI METAL WORKS CO., LTD., SKF Österreich Aktiengesellschaft, SKF INDIA LIMITED, Tianma Bearing Group Co., Ltd.

Needle Roller Bearing - Product Coverage

  • HS 848240 - Bearings; needle roller bearings
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World - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global needle roller bearing market.

Latin America and the Caribbean - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the needle roller bearing market in Latin America and the Caribbean.

Africa - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the needle roller bearing market in Africa.

Eastern Asia - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the needle roller bearing market in Eastern Asia.

Australia and Oceania - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the needle roller bearing market in Australia and Oceania.

Northern America - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the needle roller bearing market in Northern America.

Central Asia - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the needle roller bearing market in Central Asia.

South-Eastern Asia - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the needle roller bearing market in South-Eastern Asia.

Southern Asia - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the needle roller bearing market in Southern Asia.

Middle East - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the needle roller bearing market in the Middle East.

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