Report Update: May 1, 2024

Hong Kong SAR, China - Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Bearing Housing Without Ball Bearing in Hong Kong SAR - 2023

Price for Bearing Housing Without Ball Bearing in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $50,785 per ton, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2021 when the average export price increased by 15% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($50,787 per ton) and Malaysia ($50,787 per ton), while the average price for exports to China ($50,785 per ton) and Thailand ($50,785 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 the United States (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Bearing Housing Without Ball Bearing in Hong Kong SAR (CIF) - 2022

The average import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $18,253 per ton in 2022, with a decrease of -9.5% against the previous year. Over the period under review, the import price recorded a perceptible decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 7.6% against the previous year. The import price peaked at $30,551 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($18,323 per ton) and Japan ($18,322 per ton), while the price for Thailand ($16,922 per ton) and Singapore ($18,322 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-4.5%), while the prices for the other major suppliers experienced a decline.

Exports of Bearing Housing Without Ball Bearing in Hong Kong SAR

In 2022, shipments abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings decreased by -27.7% to 452 tons, falling for the second year in a row after two years of growth. Overall, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by 27%. As a result, the exports attained the peak of 728 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, bearing housing without ball bearing exports fell significantly to $23M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. As a result, the exports attained the peak of $32M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Bearing Housing Without Ball Bearing in Hong Kong SAR (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	15.6	23.8	21.0	13.2	-5.4%
Vietnam	4.0	3.5	5.2	5.4	10.5%
Thailand	1.6	2.1	2.9	2.5	16.0%
Malaysia	0.1	N/A	0.2	0.4	58.7%
United States	0.7	0.2	0.3	0.3	-24.6%
Others	1.4	2.1	1.9	1.2	-5.0%
Total	23.4	31.8	31.4	23.0	-0.6%

Top Export Markets for Bearing Housing Without Ball Bearing from Hong Kong SAR in 2022:

China (260.7 tons)
Vietnam (105.5 tons)
Thailand (48.3 tons)
Malaysia (7.4 tons)
United States (6.8 tons)

Imports of Bearing Housing Without Ball Bearing in Hong Kong SAR

After three years of growth, purchases abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings decreased by -3.8% to 1.5K tons in 2022. The total import volume increased at an average annual rate of +8.0% 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 27% against the previous year. As a result, imports attained the peak of 1.5K tons, and then shrank modestly in the following year.

In value terms, bearing housing without ball bearing imports shrank to $27M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of $31M, and then dropped in the following year.

Import of Bearing Housing Without Ball Bearing in Hong Kong SAR (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	12.0	8.9	12.5	9.3	-8.1%
Japan	6.6	5.3	5.2	5.5	-5.9%
Thailand	N/A	0.8	2.7	3.2	100.0%
Singapore	2.2	2.8	3.6	2.8	8.4%
Germany	2.5	3.0	1.0	2.7	2.6%
South Korea	0.1	0.4	2.0	1.0	115.4%
Taiwan (Chinese)	0.5	1.8	1.4	0.7	11.9%
United States	0.7	0.4	0.3	0.7	0.0%
Others	1.5	2.1	2.3	1.2	-7.2%
Total	26.2	25.7	31.1	27.1	1.1%

Top Suppliers of Bearing Housing Without Ball Bearing to Hong Kong SAR in 2022:

China (510.1 tons)
Japan (300.7 tons)
Thailand (187.4 tons)
Singapore (152.2 tons)
Germany (146.8 tons)
South Korea (54.7 tons)
United States (38.8 tons)
Taiwan (Chinese) (37.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for bearing housing without ball bearing in Hong Kong SAR, China. 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:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
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