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

Czech Republic - Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Roller Bearing Price in the Czech Republic - 2023

Contents:

  1. Roller Bearing Price in the Czech Republic (CIF) - 2023
  2. Roller Bearing Price in the Czech Republic (FOB) - 2022
  3. Roller Bearing Imports in the Czech Republic
  4. Roller Bearing Exports in the Czech Republic

Roller Bearing Price in the Czech Republic (CIF) - 2023

In August 2023, the import price in the Czech Republic amounted to $23,964 per ton, growing by 26% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($67,095 per ton), while Germany ($17,627 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 Italy (+5.8%), while the other leaders experienced more modest paces of growth.

Roller Bearing Price in the Czech Republic (FOB) - 2022

In 2022, the export price in the Czech Republic amounted to $34,873 per ton, with an increase of 6.5% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, roller bearing export price increased by +184.0% against 2016 indices. The growth pace was the most rapid in 2017 when the export price increased by 91%. The the Czech Republic export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 ($339,539 per ton), while Indonesia ($3,287 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 (+26.3%), while the other leaders experienced more modest paces of growth.

Roller Bearing Imports in the Czech Republic

For the third year in a row, the Czech Republic recorded decline in overseas purchases of roller bearings, which decreased by -4.8% to 1K tons in 2022. Overall, imports continue to indicate a abrupt contraction. The smallest decline of -2.1% was in 2021.

In value terms, roller bearing imports shrank to $23M in 2022. Over the period under review, imports showed a mild decrease. The growth pace was the most rapid in 2021 with an increase of 7.1%. As a result, imports reached the peak of $24M, and then shrank in the following year.

Import of Roller Bearing in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia88.867.383.015720.9%
Germany1251051311332.1%
India94.181.71201218.7%
Thailand65.556.966.663.5-1.0%
Spain33.524.224.625.9-8.2%
Nigeria7.219.911.09.28.5%
Others-390.7-332.8-412.1-486.37.6%
Total23.422.424.022.6-1.2%

Top Suppliers of Roller Bearing to the Czech Republic in 2022:

  1. Thailand (180.4K tons)
  2. Indonesia (17.1K tons)
  3. Germany (6.8K tons)
  4. India (5.2K tons)
  5. Spain (2.3K tons)
  6. Nigeria (1.8K tons)

Roller Bearing Exports in the Czech Republic

Roller bearing exports from the Czech Republic expanded remarkably to 314 tons in 2022, increasing by 12% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a noticeable setback.

In value terms, roller bearing exports soared to $11M in 2022. The total export value increased at an average annual rate of +7.1% 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 when exports increased by 23%. The the Czech Republic exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Roller Bearing in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17115721224813.2%
Germany164130179157-1.4%
Singapore158150186155-0.6%
Italy10187.51101051.3%
France90.373.291.972.3-7.1%
Slovakia48.336.947.040.8-5.5%
South Korea34.225.931.328.6-5.8%
Indonesia2.41.92.45.935.0%
Others-761.1-654.9-850.1-800.41.7%
Total8.97.49.110.97.0%

Top Export Markets for Roller Bearing from the Czech Republic in 2022:

  1. China (38.7K tons)
  2. Singapore (10.7K tons)
  3. Germany (5.5K tons)
  4. France (5.4K tons)
  5. Slovakia (4.2K tons)
  6. Italy (3.4K tons)
  7. South Korea (2.3K tons)
  8. Indonesia (1.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the roller bearing market in the Czech Republic. 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:

  • Czech Republic

Data coverage:

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