Italy - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNeedle Roller Bearing Price in Italy - 2023
Contents:
- Needle Roller Bearing Price in Italy (CIF) - 2023
- Needle Roller Bearing Price in Italy (FOB) - 2022
- Needle Roller Bearing Imports in Italy
- Needle Roller Bearing Exports in Italy
Needle Roller Bearing Price in Italy (CIF) - 2023
The import price in Italy stood at $29,536 per ton in July 2023, which is down by -18.1% against the previous month. Overall, import price indicated a mild expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, needle roller bearing import price decreased by -23.6% against April 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 37% m-o-m. Italy import price peaked at $38,635 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In July 2023, the country with the highest price was the Netherlands ($51,916 per ton), while China ($12,680 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the other leaders experienced more modest paces of growth.
Needle Roller Bearing Price in Italy (FOB) - 2022
The export price in Italy stood at $49,407 per ton in 2022, declining by -7.5% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 export price increased by +105.1% against 2016 indices. The growth pace was the most rapid in 2017 an increase of 30% against the previous year. Over the period under review, the export prices attained the peak figure at $53,419 per ton in 2021, and then shrank in the following year.
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 Italy
In 2022, after two years of decline, there was significant growth in supplies from abroad of needle roller bearings, when their volume increased by 22% to 1.5K tons. Over the period under review, imports, however, recorded a abrupt setback.
In value terms, needle roller bearing imports rose markedly to $43M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 14%.
Import of Needle Roller Bearing in Italy (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 | 100 | 132 | 123 | 7.1% |
South Korea | 77.6 | 67.9 | 77.6 | 66.8 | -4.9% |
Netherlands | 44.1 | 34.9 | 38.4 | 44.6 | 0.4% |
Japan | 47.4 | 39.9 | 51.0 | 43.8 | -2.6% |
Thailand | 41.2 | 37.2 | 47.8 | 42.3 | 0.9% |
Brazil | 33.8 | 27.0 | 37.9 | 40.1 | 5.9% |
Nigeria | 0.7 | 3.8 | 14.4 | 39.8 | 284.5% |
France | 48.4 | 37.4 | 41.4 | 38.5 | -7.3% |
Canada | 25.0 | 19.2 | 25.3 | 38.0 | 15.0% |
Indonesia | 31.2 | 20.6 | 32.8 | 32.9 | 1.8% |
Others | -890.2 | -745.1 | -941.7 | -970.2 | 2.9% |
Total | 43.4 | 33.6 | 38.3 | 42.8 | -0.5% |
Top Suppliers of Needle Roller Bearing to Italy in 2022:
- Germany (13.3K tons)
- United States (8.4K tons)
- Mexico (6.0K tons)
- China (2.9K tons)
- Nigeria (2.6K tons)
- Indonesia (2.3K tons)
- South Korea (2.3K tons)
- Brazil (1.9K tons)
- Thailand (1.9K tons)
- France (1.8K tons)
- Japan (1.7K tons)
- Netherlands (1.5K tons)
- Canada (1.4K tons)
Needle Roller Bearing Exports in Italy
In 2022, the amount of needle roller bearings exported from Italy fell to 262 tons, which is down by -5.2% on 2021. Over the period under review, exports faced a sharp decline. The pace of growth was the most pronounced in 2021 when exports increased by 6.4%.
In value terms, needle roller bearing exports declined to $13M in 2022. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 16%.
Export of Needle Roller Bearing in Italy (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 | 220 | 211 | 7.7% |
Slovakia | 82.7 | 67.3 | 83.3 | 126 | 15.1% |
United States | 120 | 105 | 130 | 125 | 1.4% |
France | 63.8 | 58.1 | 66.2 | 56.1 | -4.2% |
South Korea | 47.7 | 42.6 | 60.7 | 55.0 | 4.9% |
Netherlands | 37.8 | 28.1 | 33.8 | 35.4 | -2.2% |
Czech Republic | 27.1 | 20.0 | 19.5 | 25.8 | -1.6% |
Mexico | 15.4 | 13.4 | 23.1 | 25.8 | 18.8% |
Romania | 15.2 | 10.2 | 13.7 | 13.4 | -4.1% |
Others | -1,078.4 | -941.8 | -1,182.0 | -1,175.3 | 2.9% |
Total | 22.1 | 12.7 | 14.8 | 12.9 | -16.4% |
Top Export Markets for Needle Roller Bearing from Italy in 2022:
- China (14.1K tons)
- Japan (8.8K tons)
- Germany (8.1K tons)
- Slovakia (7.3K tons)
- France (3.4K tons)
- South Korea (2.4K tons)
- United States (1.9K tons)
- Mexico (1.8K tons)
- Czech Republic (1.6K tons)
- Romania (1.5K tons)
- Netherlands (1.0K tons)
This report provides an in-depth analysis of the needle roller bearing market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
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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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In June 2023, the price of Needle Roller Bearing was $36,079 per ton (CIF, Italy), experiencing a 12% increase compared to the previous month.
Imports of the Cylindrical Roller Bearing witnessed a significant growth, reaching a value of $14M in September 2023.
Cylindrical Roller Bearing prices dropped by -12.7% in January 2023, to $23,225 per ton (CIF Italy).
From June 2023 to October 2023, the growth of Roller Bearing exports remained at a slightly lower figure. In value terms, Roller Bearing exports decreased significantly to $4.4M in October 2023.
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In June 2023, the price of Needle Roller Bearing was $36,079 per ton (CIF, Italy), experiencing a 12% increase compared to the previous month.
Imports of the Cylindrical Roller Bearing witnessed a significant growth, reaching a value of $14M in September 2023.
Cylindrical Roller Bearing prices dropped by -12.7% in January 2023, to $23,225 per ton (CIF Italy).