Report Update: May 1, 2024

Australia - Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Price for Bearing Housing Without Ball Bearing in Australia - 2023

Price for Bearing Housing Without Ball Bearing in Australia (CIF) - 2022

In 2022, the average import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $22,163 per ton, which is down by -5% against the previous year. Overall, the import price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 47% against the previous year. Over the period under review, average import prices hit record highs at $24,848 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($172,798 per ton), while the price for Sweden ($1,277 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+44.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bearing Housing Without Ball Bearing in Australia (FOB) - 2022

In 2022, the average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $50,831 per ton, stabilizing at the previous year. In general, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 58% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Colombia ($50,791 per ton) and Lao People's Democratic Republic ($50,788 per ton), while the average price for exports to Saudi Arabia ($50,779 per ton) and Belgium ($50,783 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 Saudi Arabia (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bearing Housing Without Ball Bearing in Australia

In 2022, bearing housing without ball bearing imports into Australia amounted to 6.5K tons, picking up by 12% compared with 2021 figures. The total import volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, bearing housing without ball bearing imports reached $144M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Bearing Housing Without Ball Bearing in Australia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	33.7	8.8	34.0	38.5	4.5%
China	12.9	19.5	24.2	21.9	19.3%
Germany	14.9	13.0	12.4	15.1	0.4%
Japan	19.9	13.5	13.5	13.6	-11.9%
Sweden	3.6	4.7	5.1	6.0	18.6%
Taiwan (Chinese)	2.4	2.9	2.1	2.7	4.0%
Thailand	0.2	0.2	0.1	0.3	14.5%
Others	38.4	55.0	43.9	46.3	6.4%
Total	126	118	135	144	4.6%

Top Suppliers of Bearing Housing Without Ball Bearing to Australia in 2022:

Sweden (4726.1 tons)
China (545.9 tons)
United States (405.6 tons)
Germany (154.2 tons)
Japan (111.6 tons)
Thailand (109.0 tons)
Taiwan (Chinese) (69.6 tons)

Exports of Bearing Housing Without Ball Bearing in Australia

In 2022, after two years of decline, there was significant growth in shipments abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings, when their volume increased by 27% to 250 tons. In general, exports, however, continue to indicate a deep reduction.

In value terms, bearing housing without ball bearing exports soared to $13M in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Bearing Housing Without Ball Bearing in Australia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Papua New Guinea	3,558	3,182	2,137	2,687	-8.9%
New Zealand	1,113	1,226	1,450	1,797	17.3%
United States	2,374	1,853	2,025	1,739	-9.9%
Singapore	413	547	836	1,090	38.2%
Indonesia	428	504	422	754	20.8%
France	39.4	64.6	44.0	391	114.9%
China	343	201	217	385	3.9%
Belgium	242	98.1	332	332	11.1%
Japan	131	69.0	13.6	313	33.7%
Netherlands	137	98.6	130	240	20.5%
Lao People's Democratic Republic	12.1	147	24.6	212	159.7%
Saudi Arabia	147	107	74.3	191	9.1%
Colombia	N/A	N/A	17.7	189	967.8%
Others	3,039	1,785	2,187	2,397	-7.6%
Total	11,977	9,882	9,911	12,719	2.0%

Top Export Markets for Bearing Housing Without Ball Bearing from Australia in 2022:

Papua New Guinea (52.9 tons)
New Zealand (35.4 tons)
United States (34.2 tons)
Singapore (21.5 tons)
Indonesia (14.9 tons)
France (7.7 tons)
China (7.6 tons)
Belgium (6.5 tons)
Japan (6.2 tons)
Netherlands (4.7 tons)
Lao People's Democratic Republic (4.2 tons)
Saudi Arabia (3.8 tons)
Colombia (3.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for bearing housing without ball bearing in Australia. 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 28152350 - Bearing housings not incorporating ball or roller bearings, p lain shaft bearings

Country coverage:

Australia

Data coverage:

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