Germany - Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRoller Bearing Price in Germany - 2023
Contents:
- Roller Bearing Price in Germany (FOB) - 2023
- Roller Bearing Price in Germany (CIF) - 2022
- Roller Bearing Exports in Germany
- Roller Bearing Imports in Germany
Roller Bearing Price in Germany (FOB) - 2023
In August 2023, the export price in Germany amounted to $21,522 per ton, falling by -25% against the previous month. Over the period under review, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in December 2022 when the export price increased by 17% month-to-month. Over the period under review, the export prices hit record highs at $34,015 per ton in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($97,428 per ton), while Poland ($8,888 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 the United States (+3.3%), while the other leaders experienced a decline in the export price figures.
Roller Bearing Price in Germany (CIF) - 2022
In 2022, the import price in Germany amounted to $19,432 per ton, dropping by -4% against the previous year. Overall, the import price continues to indicate a slight setback. The growth pace was the most rapid in 2018 when the import price increased by 20% against the previous year. Germany import price peaked at $25,000 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($85,381 per ton), while Thailand ($352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+12.8%), while the other leaders experienced more modest paces of growth.
Roller Bearing Exports in Germany
In 2022, approx. 5.5K tons of roller bearings were exported from Germany; approximately reflecting the previous year's figure. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% 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 +71.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. The Germany exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, roller bearing exports declined to $157M in 2022. Overall, exports, however, saw a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of $179M, and then declined in the following year.
| Export of Roller Bearing in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 171 | 157 | 212 | 248 | 13.2% |
| Singapore | 158 | 150 | 186 | 155 | -0.6% |
| Italy | 101 | 87.5 | 110 | 105 | 1.3% |
| France | 90.3 | 73.2 | 91.9 | 72.3 | -7.1% |
| Hong Kong SAR | 49.9 | 58.6 | 48.5 | 46.9 | -2.0% |
| Slovakia | 48.3 | 36.9 | 47.0 | 40.8 | -5.5% |
| South Korea | 34.2 | 25.9 | 31.3 | 28.6 | -5.8% |
| Indonesia | 2.4 | 1.9 | 2.4 | 5.9 | 35.0% |
| Others | -492.4 | -460.0 | -549.7 | -544.6 | 3.4% |
| Total | 164 | 130 | 179 | 157 | -1.4% |
Top Export Markets for Roller Bearing from Germany in 2022:
- China (38.7K tons)
- Singapore (10.7K tons)
- France (5.4K tons)
- Slovakia (4.2K tons)
- Italy (3.4K tons)
- South Korea (2.3K tons)
- Indonesia (1.8K tons)
- Hong Kong SAR (1.2K tons)
Roller Bearing Imports in Germany
In 2022, imports of roller bearings into Germany expanded significantly to 6.8K tons, surging by 5.4% compared with the year before. The total import volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, roller bearing imports amounted to $133M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. Germany imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Roller Bearing in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 88.8 | 67.3 | 83.0 | 157 | 20.9% |
| India | 94.1 | 81.7 | 120 | 121 | 8.7% |
| Thailand | 65.5 | 56.9 | 66.6 | 63.5 | -1.0% |
| Spain | 33.5 | 24.2 | 24.6 | 25.9 | -8.2% |
| Nigeria | 7.2 | 19.9 | 11.0 | 9.2 | 8.5% |
| Others | -164.2 | -144.7 | -173.4 | -243.0 | 14.0% |
| Total | 125 | 105 | 131 | 133 | 2.1% |
Top Suppliers of Roller Bearing to Germany in 2022:
- Thailand (180.4K tons)
- Indonesia (17.1K tons)
- India (5.2K tons)
- Spain (2.3K tons)
- Nigeria (1.8K tons)
This report provides an in-depth analysis of the roller bearing market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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
-
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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The exports of Roller Bearing reached their highest point at 945 tons but significantly decreased in the subsequent month. In terms of value, the exports of Roller Bearing reduced considerably to $16M in September 2023.
207
Cylindrical Roller Bearing price in June 2023 was $33,018 per ton (FOB, Germany), marking a decrease of -2.3% compared to the previous month.
244
In April 2023, the price of Needle Roller Bearing was $37,689 per ton (FOB, Germany), experiencing a 5.7% increase compared to the previous month.
71
The Germany Spherical Roller Bearing exports peaked at 27K tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum. In value terms, Spherical Roller Bearing exports reached $339M in 2023.
133
In general, there is a slight slump in exports. The value of Spherical Roller Bearing exports increased significantly to $29M in September 2023.
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In August 2022, the growth of the Spherical Roller Bearing industry was at its highest, with a 15% increase in exports compared to the previous month. The value of these exports reached $31M by July 2023.
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In March 2023, the tapered roller bearing price stood at $16,028 per ton (FOB, Germany), with an increase of 3.3% against the previous month.
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