Report Update: May 1, 2024

New Zealand - Bearing Housings Incorporating Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Price for Bearing Housing with Ball Bearing in New Zealand - 2023

Price for Bearing Housing with Ball Bearing in New Zealand (CIF) - 2022

The average import price for bearing housings incorporating ball or roller bearings stood at $13,855 per ton in 2022, falling by -12.5% against the previous year. Overall, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 an increase of 11%. The import price peaked at $25,140 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($13,856 per ton) and Australia ($13,855 per ton), while the price for China ($13,855 per ton) and Germany ($13,855 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Bearing Housing with Ball Bearing in New Zealand (FOB) - 2022

In 2022, the average export price for bearing housings incorporating ball or roller bearings amounted to $17,676 per ton, rising by 10% against the previous year. Overall, the export price, however, showed a slight reduction. The growth pace was the most rapid in 2014 an increase of 40%. Over the period under review, the average export prices hit record highs at $35,883 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($17,678 per ton) and Australia ($17,677 per ton), while the average price for exports to Sweden ($17,669 per ton) and the UK ($17,673 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bearing Housing with Ball Bearing in New Zealand

In 2022, approx. 361 tons of bearing housings incorporating ball or roller bearings were imported into New Zealand; jumping by 50% against 2021 figures. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume 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 +77.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bearing housing with ball bearing imports soared to $5M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Bearing Housing with Ball Bearing in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	784	1,144	1,450	1,399	21.3%
Australia	206	165	238	1,364	87.8%
United States	508	633	518	629	7.4%
Japan	243	328	351	354	13.4%
Germany	279	368	300	336	6.4%
Taiwan (Chinese)	413	231	243	220	-18.9%
Vietnam	27.0	103	67.5	133	70.1%
Italy	104	89.8	144	64.9	-14.5%
Others	298	494	494	506	19.3%
Total	2,862	3,558	3,806	5,007	20.5%

Top Suppliers of Bearing Housing with Ball Bearing to New Zealand in 2022:

China (101.0 tons)
Australia (98.4 tons)
United States (45.4 tons)
Japan (25.5 tons)
Germany (24.3 tons)
Taiwan (Chinese) (15.9 tons)
Vietnam (9.6 tons)
Italy (4.7 tons)

Exports of Bearing Housing with Ball Bearing in New Zealand

In 2022, exports of bearing housings incorporating ball or roller bearings from New Zealand surged to 29 tons, growing by 295% against the previous year's figure. In general, exports, however, saw a abrupt contraction.

In value terms, bearing housing with ball bearing exports soared to $512K in 2022. Over the period under review, exports, however, recorded a abrupt setback.

Export of Bearing Housing with Ball Bearing in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	578	57.9	30.0	369	-13.9%
United States	38.8	25.1	18.3	69.7	21.6%
United Kingdom	22.1	16.7	17.6	26.3	6.0%
Sweden	N/A	N/A	3.8	8.5	123.7%
Papua New Guinea	18.1	N/A	7.2	6.5	-28.9%
Others	25.2	21.5	40.9	32.5	8.8%
Total	682	121	118	512	-9.1%

Top Export Markets for Bearing Housing with Ball Bearing from New Zealand in 2022:

Australia (20.9 tons)
United States (3.9 tons)
United Kingdom (1.5 tons)
Sweden (0.5 tons)
Papua New Guinea (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for bearing housing with ball bearing in New Zealand. 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 28152330 - Bearing housings incorporating ball or roller bearings

Country coverage:

New Zealand

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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