Spherical Roller Bearing Market

Spherical roller bearing market: enjoy recently published facts and figures secured by an Ai-driven BI tool. Datasets provide production, market prices, imports, market size, trade, consumption, exports, and companies. Here is a split by country, including Latin America, the Middle East, EU, Russia, China, Africa, the U.K., and the U.S. Market insights and forecast to 2030 are also provided in the reports.


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Spherical Roller Bearing - World's Largest Markets

RatingCountry
1China
2United States
3India
4France
5Russia

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

In China, the spherical roller bearing market expanded at an average annual rate of +22.1% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+5.8% per year) and India (+5.0% per year).

Spherical Roller Bearing Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Belarus571962285368-3.1%
Romania1149886508175-15.7%
Czech Republic1008392679989-0.5%
Japan1198412372125472.3%
China181671281812683-16.4%
Germany166051544514457-6.7%
Sweden173681788616860-1.5%
Malaysia181671732417267-2.5%
Singapore14742147941826111.3%
Belgium220212045618913-7.3%
France1820119037194443.4%
United States2023120434206391.0%
United Kingdom272022737126977-0.4%
Average164651536015298-3.6%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the UK ($26,977 per tonne), while Belarus ($5,368 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
United States1706716080189895.5%
Singapore1630816080172812.9%
Belgium215641889517261-10.5%
Italy1633816247168271.5%
India1625716080164120.5%
France162761501214946-4.2%
South Korea1382714326145482.6%
China162571517114353-6.0%
Brazil164621864013106-10.8%
Germany147101447212879-6.4%
Denmark983311857114718.0%
Turkey159171315411092-16.5%
Russia842484927183-7.7%
Average158321484214746-3.5%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($18,989 per tonne), while Russia ($7,183 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Denmark, while the other global leaders experienced more modest paces of growth.

Spherical Roller Bearing - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.30.20.313.2%
Belgium0.20.10.2-14.0%
United States0.20.20.2-12.8%
Singapore0.10.10.16.5%
Germany0.10.10.1-11.3%

In value terms, the largest spherical roller bearing importing markets worldwide were China ($325M), Belgium ($175M) and the United States ($175M), together accounting for 33% of global imports. These countries were followed by Singapore, Germany, India, France, South Korea, Denmark, Italy, Russia, Brazil and Turkey, which together accounted for a further 35%.

In terms of the main importing countries, Denmark recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Spherical Roller Bearing - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany0.30.30.45.9%
Sweden0.30.30.34.5%
Japan0.20.20.2-5.2%
China0.30.20.2-16.0%
Belgium0.20.20.1-13.1%

In value terms, the largest spherical roller bearing supplying countries worldwide were Germany ($378M), Sweden ($328M) and Japan ($215M), together accounting for 45% of global exports. China, Belgium, Singapore, the United States, the UK, France, Romania, Malaysia, the Czech Republic and Belarus lagged somewhat behind, together comprising a further 43%.

Singapore (+195.7% per year) recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Spherical Roller Bearing - Market Forecast

The spherical roller bearing market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.5% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Spherical Roller Bearing - Top Companies

NTN CORPORATION, The Timken Company, CHENG DU NSK BEARING CO.,LTD, Schaeffler Group USA Inc., SKF GmbH, Forbo International SA, SKF INDUSTRIE SPA, Rbs Global, Inc., Rbc Bearings Incorporated, Kaydon Corporation, Nn, Inc., BELIMO Automation AG, OILES CORPORATION, NIPPON THOMPSON CO., LTD., Schaeffler Skalica, spol. s r.o., Roller Bearing Company of America, Inc., NAKANISHI METAL WORKS CO., LTD., SKF Österreich Aktiengesellschaft, SKF INDIA LIMITED, Tianma Bearing Group Co., Ltd.

Spherical Roller Bearing - Product Coverage

  • HS 848230 - Bearings; spherical roller bearings
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World - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global spherical roller bearing market.

Central Asia - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spherical roller bearing market in Central Asia.

Eastern Asia - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spherical roller bearing market in Eastern Asia.

Africa - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spherical roller bearing market in Africa.

Latin America and the Caribbean - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spherical roller bearing market in Latin America and the Caribbean.

Northern America - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spherical roller bearing market in Northern America.

South-Eastern Asia - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spherical roller bearing market in South-Eastern Asia.

Middle East - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spherical roller bearing market in the Middle East.

Australia and Oceania - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spherical roller bearing market in Australia and Oceania.

Southern Asia - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spherical roller bearing market in Southern Asia.

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