Italy - Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRoller Bearing Price in Italy - 2023
Contents:
- Roller Bearing Price in Italy (FOB) - 2023
- Roller Bearing Price in Italy (CIF) - 2023
- Roller Bearing Exports in Italy
- Roller Bearing Imports in Italy
Roller Bearing Price in Italy (FOB) - 2023
The export price in Italy stood at $35,158 per ton in August 2023, growing by 12% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 80% m-o-m. The Italy export price peaked at $35,857 per ton in February 2023; however, from March 2023 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In August 2023, the country with the highest price was Japan ($51,565 per ton), while Ukraine ($5,477 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 Japan (+7.1%), while the other leaders experienced more modest paces of growth.
Roller Bearing Price in Italy (CIF) - 2023
In August 2023, the import price in Italy amounted to $12,425 per ton, waning by -16.7% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 98% m-o-m. Italy import price peaked at $17,188 per ton in February 2023; however, from March 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($46,551 per ton), while Denmark ($2,329 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 Germany (+10.1%), while the other leaders experienced more modest paces of growth.
Roller Bearing Exports in Italy
In 2022, exports of roller bearings from Italy declined slightly to 3.4K tons, shrinking by -1.7% against 2021 figures. In general, exports continue to indicate a slight contraction. The pace of growth was the most pronounced in 2021 when exports increased by 13%.
In value terms, roller bearing exports contracted to $105M in 2022. The total export value increased at an average annual rate of +1.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $110M, and then dropped modestly in the following year.
| Export of Roller Bearing in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 171 | 157 | 212 | 248 | 13.2% |
| Germany | 164 | 130 | 179 | 157 | -1.4% |
| Singapore | 158 | 150 | 186 | 155 | -0.6% |
| France | 90.3 | 73.2 | 91.9 | 72.3 | -7.1% |
| 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 | -567.2 | -487.4 | -639.8 | -602.4 | 2.0% |
| Total | 101 | 87.5 | 110 | 105 | 1.3% |
Top Export Markets for Roller Bearing from Italy in 2022:
- China (38.7K tons)
- Singapore (10.7K tons)
- Germany (5.5K tons)
- France (5.4K tons)
- Slovakia (4.2K tons)
- South Korea (2.3K tons)
- Indonesia (1.8K tons)
Roller Bearing Imports in Italy
In 2022, approx. 3.5K tons of roller bearings were imported into Italy; jumping by 25% against 2021. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 32%. Italy imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, roller bearing imports expanded rapidly to $46M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. Italy imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Roller Bearing in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 88.8 | 67.3 | 83.0 | 157 | 20.9% |
| Germany | 125 | 105 | 131 | 133 | 2.1% |
| 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 | -374.2 | -324.2 | -392.6 | -462.6 | 7.3% |
| Total | 39.9 | 31.0 | 43.5 | 46.3 | 5.1% |
Top Suppliers of Roller Bearing to Italy in 2022:
- Thailand (180.4K tons)
- Indonesia (17.1K tons)
- Germany (6.8K 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 Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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From June 2023 to October 2023, the growth of Roller Bearing exports remained at a slightly lower figure. In value terms, Roller Bearing exports decreased significantly to $4.4M in October 2023.
155
Imports of the Cylindrical Roller Bearing witnessed a significant growth, reaching a value of $14M in September 2023.
224
Cylindrical Roller Bearing prices dropped by -12.7% in January 2023, to $23,225 per ton (CIF Italy).
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In June 2023, the price of Needle Roller Bearing was $36,079 per ton (CIF, Italy), experiencing a 12% increase compared to the previous month.
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Discover the leading import markets for cylindrical roller bearings and their impact on the global industry. From China to South Korea, learn about the key players driving the demand for these essential components.
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Explore the top import markets for bearings, including China, Germany, and the United States. Discover key statistics and figures that highlight the growth and demand in this thriving industry.
120
From June 2023 to October 2023, the growth of Roller Bearing exports remained at a slightly lower figure. In value terms, Roller Bearing exports decreased significantly to $4.4M in October 2023.
155
Imports of the Cylindrical Roller Bearing witnessed a significant growth, reaching a value of $14M in September 2023.
224
Cylindrical Roller Bearing prices dropped by -12.7% in January 2023, to $23,225 per ton (CIF Italy).
