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

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

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Spherical Roller Bearing Price in Canada - 2023

Contents:

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

Spherical Roller Bearing Price in Canada (CIF) - 2022

The import price in Canada stood at $17,530 per ton in 2022, with a decrease of -2% against the previous year. Overall, the import price saw a slight contraction. The pace of growth was the most pronounced in 2020 when the import price increased by 3.6% against the previous year. Over the period under review, import prices attained the maximum at $21,115 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($19,597 per ton), while Thailand ($6,369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.6%), while the other leaders experienced a decline in the import price figures.

Spherical Roller Bearing Price in Canada (FOB) - 2022

In 2022, the export price in Canada amounted to $18,243 per ton, almost unchanged from the previous year. Over the period under review, the export price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2014 when the export price increased by 12%. As a result, the export price reached the peak level of $22,535 per ton. From 2015 to 2022, the export prices remained at a somewhat 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 Canada

Spherical roller bearing imports into Canada surged to 3.6K tons in 2022, rising by 45% against the previous year's figure. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, spherical roller bearing imports surged to $63M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Spherical Roller Bearing in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2443253062470.4%
United States2241701822311.0%
India12085.11411558.9%
Germany1231121341445.4%
France90.678.593.91034.4%
Brazil48.544.072.481.618.9%
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%
Russia56.351.855.253.5-1.7%
Denmark72.264.281.250.9-11.0%
Thailand33.531.430.833.4-0.1%
Others-1,268.3-1,202.1-1,349.2-1,314.21.2%
Total51.340.444.062.66.9%

Top Suppliers of Spherical Roller Bearing to Canada 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. Brazil (6.6K tons)
  8. Denmark (6.3K tons)
  9. South Korea (5.7K tons)
  10. Thailand (5.2K tons)
  11. Turkey (5.0K tons)
  12. Italy (4.3K tons)
  13. Singapore (4.2K tons)

Spherical Roller Bearing Exports in Canada

After two years of decline, overseas shipments of spherical roller bearings increased by 15% to 359 tons in 2022. Overall, exports, however, recorded a abrupt descent.

In value terms, spherical roller bearing exports stood at $6.5M in 2022. In general, exports, however, continue to indicate a abrupt setback.

Export of Spherical Roller Bearing in Canada (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-1,837.3-1,688.0-1,840.1-1,840.80.1%
Total8.86.05.86.5-9.6%

Top Export Markets for Spherical Roller Bearing from Canada 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 Canada. 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:

  • Canada

Data coverage:

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