Estonia - Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Estonia - Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Roller Bearing Price in Estonia - 2023

Contents:

  1. Roller Bearing Price in Estonia (CIF) - 2022
  2. Roller Bearing Price in Estonia (FOB) - 2022
  3. Roller Bearing Imports in Estonia
  4. Roller Bearing Exports in Estonia

Roller Bearing Price in Estonia (CIF) - 2022

The import price in Estonia stood at $17,125 per ton in 2022, rising by 9.6% against the previous year. In general, the import price, however, continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2020 when the import price increased by 33%. Estonia import price peaked at $22,424 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($28,956 per ton), while Nigeria ($3,626 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.9%), while the other leaders experienced more modest paces of growth.

Roller Bearing Price in Estonia (FOB) - 2022

In 2022, the export price in Estonia amounted to $25,140 per ton, approximately mirroring the previous year. Overall, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 29% against the previous year. The Estonia export price peaked at $68,228 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($149,053 per ton), while Indonesia ($2,415 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.3%), while the other leaders experienced more modest paces of growth.

Roller Bearing Imports in Estonia

In 2022, imports of roller bearings into Estonia contracted to 119 tons, declining by -9.4% compared with 2021 figures. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 19%.

In value terms, roller bearing imports shrank slightly to $2M in 2022. Overall, imports showed a pronounced slump. The growth pace was the most rapid in 2021 when imports increased by 9.9%.

Import of Roller Bearing in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1251051311342.3%
India94.181.71201218.7%
Indonesia88.867.383.01148.7%
Canada97.576.885.798.20.2%
Thailand65.556.966.663.5-1.0%
South Korea53.448.554.351.7-1.1%
Italy39.931.043.548.56.7%
France43.836.944.342.3-1.2%
Poland22.420.047.541.122.4%
Singapore58.139.341.336.3-14.5%
Austria25.723.730.330.45.8%
Spain33.524.224.625.8-8.3%
Nigeria7.219.911.012.720.8%
Others-752.9-629.5-781.0-817.12.8%
Total2.21.92.12.0-3.1%

Top Suppliers of Roller Bearing to Estonia in 2022:

  1. Indonesia (12.3K tons)
  2. Germany (6.9K tons)
  3. Thailand (6.4K tons)
  4. India (4.2K tons)
  5. Italy (3.5K tons)
  6. Nigeria (3.5K tons)
  7. Canada (3.4K tons)
  8. South Korea (3.3K tons)
  9. Spain (2.5K tons)
  10. France (2.4K tons)
  11. Poland (2.1K tons)
  12. Singapore (1.8K tons)
  13. Austria (1.8K tons)

Roller Bearing Exports in Estonia

In 2022, shipments abroad of roller bearings decreased by -48.1% to 15 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 39%. As a result, the exports attained the peak of 31 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, roller bearing exports reduced notably to $378K in 2022. In general, exports continue to indicate a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year. As a result, the exports reached the peak of $968K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Roller Bearing in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17115721024813.2%
Germany164130179157-1.4%
Singapore158150186155-0.6%
Italy10187.51101051.3%
United States10382.587.297.9-1.7%
Vietnam79.775.290.194.45.8%
France90.373.291.972.5-7.1%
Hong Kong SAR49.958.648.546.9-2.0%
Slovakia48.336.947.040.8-5.5%
South Korea34.225.931.323.6-11.6%
United Arab Emirates7.93.86.217.530.4%
Indonesia2.41.92.42.96.5%
Others-1,010.3-881.4-1,088.7-1,061.01.6%
Total0.81.00.70.4-20.6%

Top Export Markets for Roller Bearing from Estonia in 2022:

  1. China (33.4K tons)
  2. Singapore (6.2K tons)
  3. Germany (5.5K tons)
  4. France (5.4K tons)
  5. Slovakia (4.2K tons)
  6. Italy (3.4K tons)
  7. Vietnam (3.0K tons)
  8. South Korea (1.9K tons)
  9. United Arab Emirates (1.3K tons)
  10. Indonesia (1.2K tons)
  11. Hong Kong SAR (1.2K tons)
  12. United States (0.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the roller bearing market in Estonia. 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 28151090 - Roller bearings (including combined ball/roller bearings) (excluding tapered roller bearings, spherical roller bearings, n eedle roller bearings)

Country coverage:

  • Estonia

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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