Mexico - Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Bearing Housing Without Ball Bearing in Mexico - 2023
Contents:
- Price for Bearing Housing Without Ball Bearing in Mexico (CIF) - 2022
- Price for Bearing Housing Without Ball Bearing in Mexico (FOB) - 2023
- Imports of Bearing Housing Without Ball Bearing in Mexico
- Exports of Bearing Housing Without Ball Bearing in Mexico
Price for Bearing Housing Without Ball Bearing in Mexico (CIF) - 2022
The average import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $8,824 per ton in 2022, falling by -11.3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 43% against the previous year. As a result, import price reached the peak level of $9,944 per ton, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($27,681 per ton), while the price for Taiwan (Chinese) ($6,353 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bearing Housing Without Ball Bearing in Mexico (FOB) - 2023
In June 2023, the average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $15,773 per ton, with a decrease of -24.5% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 54% m-o-m. The export price peaked at $20,961 per ton in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($16,865 per ton), while the average price for exports to China ($6,958 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+12.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Bearing Housing Without Ball Bearing in Mexico
After two years of decline, overseas purchases of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 19% to 62K tons in 2022. Overall, imports, however, continue to indicate a deep contraction.
In value terms, bearing housing without ball bearing imports expanded significantly to $551M in 2022. The total import value increased at an average annual rate of +5.4% 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 when imports increased by 32% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Import of Bearing Housing Without Ball Bearing in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 213 | 165 | 203 | 217 | 0.6% |
China | 78.7 | 70.7 | 110 | 122 | 15.7% |
Japan | 37.9 | 36.9 | 45.3 | 43.8 | 4.9% |
Germany | 31.8 | 28.5 | 36.6 | 35.4 | 3.6% |
India | 5.1 | 7.1 | 19.3 | 17.9 | 52.0% |
Taiwan (Chinese) | 20.6 | 13.8 | 18.6 | 17.4 | -5.5% |
South Korea | 10.3 | 9.4 | 10.4 | 13.1 | 8.3% |
Others | 73.2 | 63.0 | 76.6 | 84.3 | 4.8% |
Total | 470 | 394 | 520 | 551 | 5.4% |
Top Suppliers of Bearing Housing Without Ball Bearing to Mexico in 2022:
- United States (30.2K tons)
- China (16.6K tons)
- Japan (3.8K tons)
- Taiwan (Chinese) (2.7K tons)
- South Korea (1.4K tons)
- Germany (1.3K tons)
- India (1.2K tons)
Exports of Bearing Housing Without Ball Bearing in Mexico
In 2022, shipments abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings decreased by -19.9% to 9.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 103% against the previous year. As a result, the exports reached the peak of 12K tons, and then contracted remarkably in the following year.
In value terms, bearing housing without ball bearing exports reached $162M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 21%.
Export of Bearing Housing Without Ball Bearing in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 135 | 109 | 134 | 140 | 1.2% |
Brazil | 2.3 | 2.7 | 4.8 | 4.8 | 27.8% |
Canada | 3.9 | 2.8 | 3.3 | 4.2 | 2.5% |
China | 2.5 | 2.8 | 4.7 | 3.6 | 12.9% |
Others | 18.5 | 14.3 | 11.3 | 8.6 | -22.5% |
Total | 162 | 131 | 158 | 162 | 0.0% |
Top Export Markets for Bearing Housing Without Ball Bearing from Mexico in 2022:
- United States (8.0K tons)
- Canada (0.6K tons)
- Brazil (0.4K tons)
- China (0.2K tons)
This report provides an in-depth analysis of the market for bearing housing without ball bearing in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Imports peaked in 2023 and are expected to continue growing in the near future. In value terms, Flywheels And Pulleys imports saw significant expansion, reaching $464M in 2023.
During the period from March 2023 to October 2023, the import growth of Cranks And Crankshafts did not manage to regain momentum. However, in terms of value, imports of Cranks And Crankshafts witnessed a rapid rise, reaching $96M in October 2023.
From March 2023 to August 2023, the imports of Cranks And Crankshafts experienced a stagnant growth, failing to regain momentum. The total value of imports for Cranks And Crankshafts in August 2023 was $101M.
From September 2022 to June 2023, the import growth of shaft coupling failed to regain momentum. The total value of shaft coupling imports in June 2023 was $18M.
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