Report Update: May 1, 2024

Peru - 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 Peru - 2021

Price for Bearing Housing with Ball Bearing in Peru (CIF) - 2021

The average import price for bearing housings incorporating ball or roller bearings stood at $5,200 per ton in April 2020, falling by -63% against the previous month. In general, the import price recorded a precipitous slump. The pace of growth was the most pronounced in February 2020 an increase of 77% month-to-month. As a result, import price attained the peak level of $21,509 per ton. From March 2020 to April 2020, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($32,273 per ton), while the price for China ($2,196 per ton) was amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+453.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for bearing housings incorporating ball or roller bearings amounted to $18,923 per ton, declining by -11.5% against the previous year. Overall, the export price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 163% against the previous year. As a result, the export price reached the peak level of $42,880 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($81,434 per ton), while the average price for exports to Ecuador ($1,810 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bearing Housing with Ball Bearing in Peru

After three years of growth, purchases abroad of bearing housings incorporating ball or roller bearings decreased by -19.4% to 633 tons in 2022. Over the period under review, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of 785 tons, and then reduced remarkably in the following year.

In value terms, bearing housing with ball bearing imports contracted dramatically to $5.2M in 2022. In general, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.0% 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 +37.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 75%. As a result, imports attained the peak of $6.6M, and then fell significantly in the following year.

Import of Bearing Housing with Ball Bearing in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	781	755	1,338	1,397	21.4%
United States	1,433	820	1,421	1,262	-4.1%
Japan	663	511	804	683	1.0%
Panama	620	472	543	388	-14.5%
Italy	407	300	458	381	-2.2%
Romania	17.8	37.9	234	194	121.7%
Brazil	97.5	175	226	186	24.0%
Others	761	728	1,610	726	-1.6%
Total	4,779	3,800	6,635	5,217	3.0%

Top Suppliers of Bearing Housing with Ball Bearing to Peru in 2022:

China (406.2 tons)
United States (74.0 tons)
Japan (42.7 tons)
Panama (22.3 tons)
Italy (20.1 tons)
Brazil (19.0 tons)
Romania (12.1 tons)

Exports of Bearing Housing with Ball Bearing in Peru

In 2022, the amount of bearing housings incorporating ball or roller bearings exported from Peru surged to 5.2 tons, picking up by 21% compared with 2021. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 437% against the previous year. As a result, the exports attained the peak of 7.5 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, bearing housing with ball bearing exports rose markedly to $98K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 75%. As a result, the exports reached the peak of $105K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Bearing Housing with Ball Bearing in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Zambia	43.3	3.9	42.8	51.6	6.0%
Bolivia	0.6	6.7	15.6	14.2	187.1%
United States	4.1	11.3	3.2	6.4	16.0%
Costa Rica	0.1	0.4	3.1	5.5	280.3%
Chile	2.3	9.0	10.1	4.2	22.2%
Dominican Republic	1.1	5.9	3.1	2.9	38.1%
Colombia	2.1	4.5	0.4	2.7	8.7%
Sweden	1.0	3.9	2.8	2.5	35.7%
Panama	0.6	2.7	1.7	1.7	41.5%
Kazakhstan	N/A	N/A	N/A	0.8	0%
India	N/A	N/A	N/A	0.5	0%
Canada	0.2	1.1	0.4	0.3	14.5%
Ecuador	0.2	0.1	0.4	0.3	14.5%
Others	4.4	55.2	7.7	4.2	-1.5%
Total	59.9	105	91.2	98.0	17.8%

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

Bolivia (1464.0 kg)
Costa Rica (960.0 kg)
Zambia (634.0 kg)
United States (461.0 kg)
Chile (327.0 kg)
Panama (249.0 kg)
Ecuador (189.0 kg)
Canada (170.0 kg)
Colombia (119.0 kg)
Kazakhstan (109.0 kg)
India (95.0 kg)
Sweden (94.0 kg)
Dominican Republic (86.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for bearing housing with ball bearing in Peru. 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:

Peru

Data coverage:

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