Estonia - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNeedle Roller Bearing Price in Estonia - 2023
Contents:
- Needle Roller Bearing Price in Estonia (FOB) - 2022
- Needle Roller Bearing Price in Estonia (CIF) - 2022
- Needle Roller Bearing Exports in Estonia
- Needle Roller Bearing Imports in Estonia
Needle Roller Bearing Price in Estonia (FOB) - 2022
In 2022, the export price in Estonia amounted to $33,170 per ton, picking up by 181% against the previous year. Overall, the export price, however, showed a deep contraction. Over the period under review, the export prices hit record highs at $58,110 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($65,083 per ton), while Romania ($9,211 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 Price in Estonia (CIF) - 2022
In 2022, the import price in Estonia amounted to $48,244 per ton, surging by 15% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, needle roller bearing import price increased by +25.4% against 2018 indices. The pace of growth was the most pronounced in 2015 when the import price increased by 177% against the previous year. As a result, import price reached the peak level of $58,465 per ton. From 2016 to 2022, the import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($41,701 per ton), while Nigeria ($6,101 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.1%), while the other leaders experienced mixed trends in the import price figures.
Needle Roller Bearing Exports in Estonia
In 2022, shipments abroad of needle roller bearings decreased by -73.1% to 8.8 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp decline. The pace of growth appeared the most rapid in 2020 with an increase of 137% against the previous year. As a result, the exports attained the peak of 63 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, needle roller bearing exports declined remarkably to $293K in 2022. In general, exports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2020 with an increase of 85% against the previous year. As a result, the exports reached the peak of $626K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Needle Roller Bearing in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 256 | 234 | 278 | 285 | 3.6% |
| Japan | 265 | 212 | 268 | 230 | -4.6% |
| China | 169 | 163 | 217 | 211 | 7.7% |
| United States | 120 | 105 | 130 | 125 | 1.4% |
| Slovakia | 82.7 | 67.3 | 83.3 | 125 | 14.8% |
| France | 63.8 | 58.1 | 66.2 | 56.3 | -4.1% |
| South Korea | 47.7 | 42.6 | 60.7 | 55.0 | 4.9% |
| Netherlands | 37.8 | 28.1 | 33.8 | 36.5 | -1.2% |
| Czech Republic | 27.1 | 20.0 | 19.5 | 26.0 | -1.4% |
| Mexico | 15.4 | 13.4 | 23.1 | 25.8 | 18.8% |
| Romania | 15.2 | 10.2 | 13.7 | 13.4 | -4.1% |
| Others | -1,100.2 | -953.8 | -1,193.3 | -1,188.8 | 2.6% |
| Total | 0.3 | 0.6 | 0.4 | 0.3 | 0.0% |
Top Export Markets for Needle Roller Bearing from Estonia in 2022:
- China (14.1K tons)
- Japan (8.8K tons)
- Germany (8.1K tons)
- Slovakia (7.3K tons)
- France (3.6K tons)
- South Korea (2.4K tons)
- United States (1.9K tons)
- Mexico (1.8K tons)
- Czech Republic (1.7K tons)
- Romania (1.5K tons)
- Netherlands (1.0K tons)
Needle Roller Bearing Imports in Estonia
In 2022, imports of needle roller bearings into Estonia amounted to 5.8 tons, increasing by 6.5% on the year before. The total import volume increased at an average annual rate of +13.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Estonia imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, needle roller bearing imports skyrocketed to $280K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Needle Roller Bearing in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 199 | 163 | 188 | 209 | 1.6% |
| United States | 157 | 119 | 161 | 161 | 0.8% |
| Mexico | 129 | 110 | 132 | 133 | 1.0% |
| China | 100 | 103 | 135 | 123 | 7.1% |
| South Korea | 77.6 | 67.9 | 77.6 | 66.8 | -4.9% |
| Japan | 47.4 | 39.9 | 51.0 | 43.8 | -2.6% |
| Italy | 43.4 | 33.6 | 38.3 | 42.8 | -0.5% |
| Thailand | 41.2 | 37.2 | 47.8 | 42.3 | 0.9% |
| Brazil | 33.8 | 27.0 | 37.9 | 40.1 | 5.9% |
| France | 48.4 | 37.4 | 41.4 | 38.6 | -7.3% |
| Indonesia | 31.2 | 20.6 | 32.8 | 28.6 | -2.9% |
| Spain | 30.5 | 19.5 | 19.4 | 18.8 | -14.9% |
| Nigeria | 0.7 | 3.8 | 14.4 | 13.9 | 170.8% |
| Others | -938.2 | -780.7 | -977.1 | -962.1 | 0.8% |
| Total | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
Top Suppliers of Needle Roller Bearing to Estonia in 2022:
- Germany (13.3K tons)
- United States (8.4K tons)
- Mexico (6.0K tons)
- China (2.9K tons)
- Nigeria (2.3K tons)
- South Korea (2.3K tons)
- Brazil (1.9K tons)
- France (1.9K tons)
- Thailand (1.9K tons)
- Indonesia (1.8K tons)
- Japan (1.7K tons)
- Italy (1.5K tons)
- Spain (1.5K tons)
This report provides an in-depth analysis of the needle roller bearing market in Estonia. 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:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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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