Chile - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Chile - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Needle Roller Bearing Price in Chile - 2023

Contents:

  1. Needle Roller Bearing Price in Chile (CIF) - 2022
  2. Needle Roller Bearing Price in Chile (FOB) - 2022
  3. Needle Roller Bearing Imports in Chile
  4. Needle Roller Bearing Exports in Chile

Needle Roller Bearing Price in Chile (CIF) - 2022

In 2022, the import price in Chile amounted to $27,746 per ton, with a decrease of -4.2% against the previous year. Overall, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2020 an increase of 10% against the previous year. Chile import price peaked at $33,885 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($41,720 per ton), while Indonesia ($14,212 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.2%), while the other leaders experienced more modest paces of growth.

Needle Roller Bearing Price in Chile (FOB) - 2022

In 2022, the export price in Chile amounted to $33,562 per ton, shrinking by -15.1% against the previous year. Overall, the export price saw a noticeable curtailment. The growth pace was the most rapid in 2017 an increase of 27% against the previous year. The Chile export price peaked at $48,657 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 the United States ($65,083 per ton), while Romania ($9,219 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.9%), while the other leaders experienced more modest paces of growth.

Needle Roller Bearing Imports in Chile

In 2022, needle roller bearing imports into Chile rose sharply to 58 tons, surging by 6.8% against 2021 figures. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 29%. Chile imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, needle roller bearing imports rose to $1.6M in 2022. The total import value increased at an average annual rate of +4.0% over the period 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 with an increase of 33%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Needle Roller Bearing in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1991631882091.6%
United States1571191611610.8%
Mexico1291101321331.0%
China1001001321237.1%
South Korea77.667.977.666.8-4.9%
Netherlands44.134.938.444.60.4%
Japan47.439.951.043.8-2.6%
Italy43.433.638.342.8-0.5%
Thailand41.237.247.842.30.9%
Brazil33.827.037.940.15.9%
Nigeria0.73.814.439.8284.5%
France48.437.441.438.5-7.3%
Indonesia31.220.632.832.91.8%
Others-950.5-791.9-991.5-1,016.32.3%
Total1.41.21.61.64.6%

Top Suppliers of Needle Roller Bearing to Chile in 2022:

  1. Germany (13.3K tons)
  2. United States (8.4K tons)
  3. Mexico (6.0K tons)
  4. China (2.9K tons)
  5. Nigeria (2.6K tons)
  6. Indonesia (2.3K tons)
  7. South Korea (2.3K tons)
  8. Brazil (1.9K tons)
  9. Thailand (1.9K tons)
  10. France (1.8K tons)
  11. Japan (1.7K tons)
  12. Netherlands (1.5K tons)
  13. Italy (1.5K tons)

Needle Roller Bearing Exports in Chile

In 2022, exports of needle roller bearings from Chile dropped remarkably to 73 kg, declining by -85.3% compared with the previous year's figure. Overall, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 86% against the previous year. As a result, the exports attained the peak of 498 kg, and then reduced dramatically in the following year.

In value terms, needle roller bearing exports shrank remarkably to $2.5K in 2022. Over the period under review, exports showed a significant curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 76% against the previous year. As a result, the exports reached the peak of $20K, and then contracted dramatically in the following year.

Export of Needle Roller Bearing in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2562342782853.6%
Japan265212268230-4.6%
China1691632202117.7%
Slovakia82.767.383.312615.1%
United States1201051301251.4%
France63.858.166.256.1-4.2%
South Korea47.742.660.755.04.9%
Netherlands37.828.133.835.4-2.2%
Czech Republic27.120.019.525.8-1.6%
Mexico15.413.423.125.818.8%
Romania15.210.213.713.4-4.1%
Others-1,100.5-954.4-1,196.7-1,188.32.6%
TotalN/AN/AN/AN/A0%

Top Export Markets for Needle Roller Bearing from Chile in 2022:

  1. China (14.1K tons)
  2. Japan (8.8K tons)
  3. Germany (8.1K tons)
  4. Slovakia (7.3K tons)
  5. France (3.4K tons)
  6. South Korea (2.4K tons)
  7. United States (1.9K tons)
  8. Mexico (1.8K tons)
  9. Czech Republic (1.6K tons)
  10. Romania (1.5K tons)
  11. Netherlands (1.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the needle roller bearing market in Chile. 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 28151070 - Needle roller bearings

Country coverage:

  • Chile

Data coverage:

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