Report Update: May 1, 2024

Norway - 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 Norway - 2023

Price for Bearing Housing Without Ball Bearing in Norway (CIF) - 2023

The average import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $92,205 per ton in August 2023, jumping by 17% against the previous month. Over the period under review, import price indicated a tangible increase from August 2022 to August 2023: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, bearing housing without ball bearing import price increased by +100.2% against May 2023 indices. The pace of growth appeared the most rapid in June 2023 an increase of 88% m-o-m. The import price peaked in August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($415K per ton), while the price for Poland ($39,633 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Finland (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $71,212 per ton in 2022, stabilizing at the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bearing housing without ball bearing export price increased by +6.7% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 64%. The export price peaked at $81,947 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($243,141 per ton), while the average price for exports to Poland ($25,234 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 Brazil (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bearing Housing Without Ball Bearing in Norway

In 2022, supplies from abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 25% to 532 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt decline.

In value terms, bearing housing without ball bearing imports rose sharply to $27M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern.

Import of Bearing Housing Without Ball Bearing in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	6.6	6.1	6.2	6.6	0.0%
Sweden	4.7	4.1	3.8	4.7	0.0%
United Kingdom	3.3	2.5	2.8	3.2	-1.0%
United States	2.5	2.1	2.2	2.1	-5.6%
Austria	1.3	0.9	1.2	1.6	7.2%
Finland	1.1	1.2	1.0	1.1	0.0%
France	0.6	0.6	0.9	1.1	22.4%
China	0.7	0.7	0.8	1.1	16.3%
Netherlands	1.2	1.0	0.9	1.0	-5.9%
Spain	0.9	0.8	0.7	0.8	-3.9%
Poland	0.4	0.3	0.5	0.6	14.5%
Denmark	0.7	1.0	0.3	0.4	-17.0%
South Korea	0.1	0.1	0.2	0.3	44.2%
Others	4.1	2.5	3.3	3.0	-9.9%
Total	28.1	24.0	24.8	27.4	-0.8%

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

Sweden (134.6 tons)
Germany (64.4 tons)
South Korea (60.3 tons)
China (53.0 tons)
Poland (37.4 tons)
Finland (28.9 tons)
Austria (22.5 tons)
France (20.6 tons)
United States (15.5 tons)
Spain (14.5 tons)
United Kingdom (13.9 tons)
Netherlands (12.0 tons)
Denmark (8.9 tons)

Exports of Bearing Housing Without Ball Bearing in Norway

In 2022, overseas shipments of bearing housings not incorporating ball or roller bearings, plain shaft bearings decreased by -1.9% to 138 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 52%. As a result, the exports attained the peak of 140 tons, and then shrank in the following year.

In value terms, bearing housing without ball bearing exports contracted modestly to $9.8M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 64% against the previous year. As a result, the exports attained the peak of $10M, and then reduced slightly in the following year.

Export of Bearing Housing Without Ball Bearing in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	1,366	906	1,482	1,346	-0.5%
United States	748	488	654	720	-1.3%
Denmark	227	394	454	662	42.9%
China	149	77.0	267	626	61.4%
Poland	544	526	417	587	2.6%
Belgium	20.4	37.0	499	556	200.9%
Brazil	196	349	404	506	37.2%
United Kingdom	558	563	695	506	-3.2%
Germany	437	347	643	418	-1.5%
South Korea	113	84.7	234	301	38.6%
Turkey	87.6	117	184	198	31.2%
Spain	87.2	407	194	171	25.2%
Sweden	135	148	171	126	-2.3%
Others	2,234	1,716	3,804	3,084	11.3%
Total	6,902	6,159	10,103	9,807	12.4%

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

Poland (23.3 tons)
Netherlands (21.8 tons)
Denmark (17.1 tons)
United Kingdom (10.2 tons)
Germany (9.6 tons)
United States (7.5 tons)
Belgium (6.7 tons)
South Korea (6.2 tons)
Sweden (3.8 tons)
Spain (3.0 tons)
Brazil (2.9 tons)
China (2.6 tons)
Turkey (2.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for bearing housing without ball bearing in Norway. 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:

Norway

Data coverage:

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