Report Update: May 1, 2024

Thailand - 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 Thailand - 2023

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

The average import price for bearing housings incorporating ball or roller bearings stood at $4,902 per ton in 2022, falling by -31.1% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of 42% against the previous year. Over the period under review, average import prices attained the maximum at $18,549 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($123,772 per ton), while the price for Vietnam ($3,667 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 (+20.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Bearing Housing with Ball Bearing in Thailand (FOB) - 2023

The average export price for bearing housings incorporating ball or roller bearings stood at $22,993 per ton in September 2023, remaining relatively unchanged against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 78% m-o-m. Over the period under review, the average export prices reached the peak figure at $25,553 per ton in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($28,887 per ton), while the average price for exports to China ($5,109 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bearing Housing with Ball Bearing in Thailand

In 2022, approx. 4.2K tons of bearing housings incorporating ball or roller bearings were imported into Thailand; increasing by 70% against the previous year. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 76% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, bearing housing with ball bearing imports skyrocketed to $20M in 2022. The total import value increased at an average annual rate of +5.0% 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 appeared the most rapid in 2021 with an increase of 28% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Bearing Housing with Ball Bearing in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	7.1	6.9	8.9	12.2	19.8%
Japan	5.0	2.7	3.9	4.2	-5.6%
Italy	1.6	1.4	1.2	1.2	-9.1%
South Korea	N/A	0.1	0.2	0.5	123.6%
Vietnam	0.2	0.1	0.1	0.4	26.0%
Germany	0.9	0.4	1.0	0.4	-23.7%
Sweden	1.0	0.7	0.6	N/A	-22.5%
Others	1.9	1.4	1.4	1.6	-5.6%
Total	17.6	13.6	17.4	20.4	5.0%

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

China (2728.7 tons)
Japan (845.5 tons)
Italy (283.3 tons)
South Korea (126.3 tons)
Vietnam (106.3 tons)
Germany (19.0 tons)
Sweden (0.5 tons)

Exports of Bearing Housing with Ball Bearing in Thailand

In 2022, the amount of bearing housings incorporating ball or roller bearings exported from Thailand skyrocketed to 593 tons, growing by 98% compared with the previous year. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 806% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, bearing housing with ball bearing exports soared to $11M in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 377%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Bearing Housing with Ball Bearing in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	30.6	7.5	288	4,986	446.2%
Canada	2.8	1.2	103	2,399	849.8%
Japan	80.6	3.6	1,541	1,578	169.5%
Malaysia	165	808	726	822	70.8%
China	N/A	N/A	297	305	2.7%
Syrian Arab Republic	127	N/A	58.2	83.8	-12.9%
India	128	2.1	1.3	48.6	-27.6%
Lao People's Democratic Republic	35.3	4.7	1,021	16.8	-21.9%
Others	127	96.8	377	262	27.3%
Total	697	924	4,412	10,501	147.0%

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

United States (200.3 tons)
Japan (176.2 tons)
Canada (102.6 tons)
Syrian Arab Republic (48.4 tons)
China (46.8 tons)
Malaysia (5.2 tons)
Lao People's Democratic Republic (2.1 tons)
India (2.1 tons)

Source: IndexBox Market Intelligence Platform

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

Thailand

Data coverage:

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