Report Update: May 1, 2024

Venezuela - 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 Venezuela - 2022

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

The average import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $22,301 per ton in 2022, declining by -37.9% against the previous year. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 36%. The import price peaked at $65,350 per ton in 2015; however, from 2016 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 Germany ($98,269 per ton), while the price for Costa Rica ($224 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $21,901 per ton in 2022, picking up by 2.7% against the previous year. Over the period under review, the export price, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $55,942 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($89,032 per ton), while the average price for exports to Colombia ($10,270 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 Chile (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bearing Housing Without Ball Bearing in Venezuela

In 2022, approx. 47 tons of bearing housings not incorporating ball or roller bearings, plain shaft bearings were imported into Venezuela; with an increase of 12% compared with 2021. Over the period under review, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 86%.

In value terms, bearing housing without ball bearing imports contracted remarkably to $1M in 2022. In general, imports, however, recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 153% against the previous year.

Import of Bearing Housing Without Ball Bearing in Venezuela (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	1,120	173	581	309	-34.9%
Germany	221	101	247	226	0.7%
China	120	90.7	177	226	23.5%
Brazil	54.8	52.4	119	88.1	17.1%
Japan	237	29.0	112	44.3	-42.8%
South Korea	7.5	1.4	28.6	36.6	69.6%
Turkey	12.8	15.8	30.8	17.5	11.0%
Colombia	12.0	12.7	31.2	12.4	1.1%
Mexico	571	29.7	17.7	5.8	-78.3%
Costa Rica	N/A	N/A	N/A	1.8	0%
United Kingdom	70.1	3.0	12.5	1.4	-72.9%
Panama	87.6	42.4	N/A	N/A	-51.6%
Others	117	41.0	143	77.4	-12.9%
Total	2,632	591	1,499	1,045	-26.5%

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

China (18.8 tons)
Costa Rica (8.2 tons)
United States (7.5 tons)
Brazil (3.0 tons)
Germany (2.3 tons)
Turkey (1.8 tons)
South Korea (1.5 tons)
Colombia (0.7 tons)
Japan (0.5 tons)
Mexico (0.3 tons)
United Kingdom (0.1 tons)

Exports of Bearing Housing Without Ball Bearing in Venezuela

In 2022, after three years of growth, there was significant decline in shipments abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings, when their volume decreased by -23.6% to 851 kg. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 833% against the previous year.

In value terms, bearing housing without ball bearing exports declined dramatically to $19K in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 309%.

Export of Bearing Housing Without Ball Bearing in Venezuela (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Colombia	N/A	N/A	N/A	6.9	0%
Paraguay	N/A	N/A	N/A	5.9	0%
Peru	N/A	N/A	N/A	5.6	0%
Ecuador	N/A	13.5	N/A	0.2	-87.8%
Indonesia	N/A	N/A	23.0	N/A	0%
Panama	2.9	N/A	N/A	N/A	0%
Others	0.4	N/A	0.7	N/A	32.3%
Total	3.3	13.5	23.7	18.6	78.0%

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

Colombia (674.0 kg)
Paraguay (98.0 kg)
Peru (63.0 kg)
Ecuador (16.0 kg)

Source: IndexBox Market Intelligence Platform

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

Venezuela

Data coverage:

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