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

Brazil - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Spherical Roller Bearing Price in Brazil - 2023

Contents:

  1. Spherical Roller Bearing Price in Brazil (CIF) - 2023
  2. Spherical Roller Bearing Price in Brazil (FOB) - 2022
  3. Spherical Roller Bearing Imports in Brazil
  4. Spherical Roller Bearing Exports in Brazil

Spherical Roller Bearing Price in Brazil (CIF) - 2023

In September 2023, the import price in Brazil amounted to $10,482 per ton, declining by -17.2% against the previous month. Overall, the import price showed a slight contraction. The pace of growth appeared the most rapid in July 2023 an increase of 29% month-to-month. Over the period under review, import prices attained the maximum at $13,595 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($33,356 per ton), while China ($5,028 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+5.2%), while the other leaders experienced more modest paces of growth.

Spherical Roller Bearing Price in Brazil (FOB) - 2022

The export price in Brazil stood at $20,732 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. Over the period under review, the export prices attained the maximum at $24,749 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($74,184 per ton), while China ($6,223 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 (+13.9%), while the other leaders experienced more modest paces of growth.

Spherical Roller Bearing Imports in Brazil

In 2022, approx. 6.6K tons of spherical roller bearings were imported into Brazil; increasing by 11% against 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% 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 +60.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Brazil imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, spherical roller bearing imports expanded notably to $82M in 2022. Over the period under review, imports enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Spherical Roller Bearing in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2443253062470.4%
United States2241701822311.0%
India12085.11411558.9%
Germany1231121341445.4%
France90.678.593.91034.4%
Italy74.354.672.470.8-1.6%
South Korea75.668.775.469.8-2.6%
Turkey35.441.650.668.624.7%
Singapore12211697.068.2-17.6%
Canada51.340.444.062.66.9%
Russia56.351.855.253.5-1.7%
Denmark72.264.281.250.9-11.0%
Thailand33.531.430.833.4-0.1%
Others-1,273.9-1,194.8-1,292.3-1,276.20.1%
Total48.544.072.481.618.9%

Top Suppliers of Spherical Roller Bearing to Brazil in 2022:

  1. China (17.0K tons)
  2. United States (11.8K tons)
  3. Germany (10.1K tons)
  4. India (9.3K tons)
  5. Russia (7.2K tons)
  6. France (6.8K tons)
  7. Denmark (6.3K tons)
  8. South Korea (5.7K tons)
  9. Thailand (5.2K tons)
  10. Turkey (5.0K tons)
  11. Italy (4.3K tons)
  12. Singapore (4.2K tons)
  13. Canada (3.6K tons)

Spherical Roller Bearing Exports in Brazil

After two years of decline, overseas shipments of spherical roller bearings increased by 2.8% to 73 tons in 2022. Over the period under review, exports, however, showed a precipitous descent.

In value terms, spherical roller bearing exports amounted to $1.5M in 2022. Overall, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 18%.

Export of Spherical Roller Bearing in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden3163283773584.2%
Germany3183794183392.2%
China21017724828010.1%
Japan244215219223-3.0%
United States141117103123-4.5%
Romania10956.854.91110.6%
United Kingdom12884.838.595.7-9.2%
France81.475.492.193.14.6%
Malaysia55.654.587.571.08.5%
Singapore14912811863.9-24.6%
Italy53.736.143.450.1-2.3%
Czech Republic24.428.930.822.6-2.5%
Belarus16.414.615.416.50.2%
Others-1,844.1-1,692.8-1,844.4-1,845.90.0%
Total2.01.31.51.5-9.1%

Top Export Markets for Spherical Roller Bearing from Brazil in 2022:

  1. China (45.0K tons)
  2. Germany (19.6K tons)
  3. Sweden (19.4K tons)
  4. Japan (18.4K tons)
  5. Romania (11.5K tons)
  6. France (4.7K tons)
  7. Malaysia (3.8K tons)
  8. United Kingdom (3.6K tons)
  9. Singapore (3.5K tons)
  10. Italy (2.7K tons)
  11. Belarus (2.3K tons)
  12. Czech Republic (1.9K tons)
  13. United States (1.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spherical roller bearing market in Brazil. 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 28151055 - Spherical roller bearings

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • 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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Dec 28, 2023
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The growth of imports for Spherical Roller Bearings from January 2023 to October 2023 did not gain momentum. The import value of Spherical Roller Bearings contracted to $5.2M in October 2023.

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Eye 213

In July 2023, the Bearing price reached $10,598 per ton (CIF, Brazil), showing a 2.3% increase compared to the previous month.

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The price of Needle Roller Bearing in July 2023 was $20,934 per ton (CIF, Brazil), experiencing a decrease of 2.8% compared to the previous month.

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Free Data: Spherical Roller Bearings - Brazil