Germany - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpherical Roller Bearing Price in Germany - 2023
Contents:
- Spherical Roller Bearing Price in Germany (FOB) - 2023
- Spherical Roller Bearing Price in Germany (CIF) - 2023
- Spherical Roller Bearing Exports in Germany
- Spherical Roller Bearing Imports in Germany
Spherical Roller Bearing Price in Germany (FOB) - 2023
The export price in Germany stood at $20,805 per ton in July 2023, with an increase of 2.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in January 2023 when the export price increased by 13% month-to-month. The Germany export price peaked in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($28,652 per ton), while Singapore ($11,369 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.7%), while the other leaders experienced more modest paces of growth.
Spherical Roller Bearing Price in Germany (CIF) - 2023
The import price in Germany stood at $18,308 per ton in July 2023, growing by 2.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in January 2023 when the import price increased by 31% m-o-m. Over the period under review, import prices hit record highs in July 2023.
There were significant differences in the average prices amongst the major importing countries. In July 2023, the country with the highest price was Sweden ($23,956 per ton), while China ($6,593 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+5.6%), while the other leaders experienced more modest paces of growth.
Spherical Roller Bearing Exports in Germany
In 2022, after three years of growth, there was significant decline in shipments abroad of spherical roller bearings, when their volume decreased by -28.5% to 20K tons. In general, exports continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 27%.
In value terms, spherical roller bearing exports reduced dramatically to $339M in 2022. The total export value increased at an average annual rate of +2.2% 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 2020 with an increase of 19%.
| Export of Spherical Roller Bearing in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 316 | 328 | 377 | 358 | 4.2% |
| China | 210 | 177 | 248 | 280 | 10.1% |
| Japan | 244 | 215 | 219 | 223 | -3.0% |
| United States | 141 | 117 | 103 | 123 | -4.5% |
| Romania | 109 | 56.8 | 54.9 | 111 | 0.6% |
| United Kingdom | 128 | 84.8 | 38.5 | 95.7 | -9.2% |
| France | 81.4 | 75.4 | 92.1 | 93.1 | 4.6% |
| Malaysia | 55.6 | 54.5 | 87.5 | 71.0 | 8.5% |
| Singapore | 149 | 128 | 118 | 63.9 | -24.6% |
| Italy | 53.7 | 36.1 | 43.4 | 50.1 | -2.3% |
| Netherlands | 38.8 | 37.8 | 45.9 | 48.2 | 7.5% |
| Belarus | 16.4 | 14.6 | 15.4 | 16.5 | 0.2% |
| Thailand | 22.3 | 17.0 | 9.2 | 12.3 | -18.0% |
| Others | -1,247.2 | -962.8 | -1,034.1 | -1,207.4 | -1.1% |
| Total | 318 | 379 | 418 | 339 | 2.2% |
Top Export Markets for Spherical Roller Bearing from Germany in 2022:
- China (45.0K tons)
- Sweden (19.4K tons)
- Japan (18.4K tons)
- Romania (11.5K tons)
- France (4.7K tons)
- Malaysia (3.8K tons)
- United Kingdom (3.6K tons)
- Singapore (3.5K tons)
- Italy (2.7K tons)
- Belarus (2.3K tons)
- Thailand (2.3K tons)
- Netherlands (2.1K tons)
- United States (1.7K tons)
Spherical Roller Bearing Imports in Germany
Spherical roller bearing imports into Germany rose sharply to 10K tons in 2022, surging by 10% on the year before. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, spherical roller bearing imports expanded markedly to $144M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Spherical Roller Bearing in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 244 | 325 | 306 | 247 | 0.4% |
| United States | 224 | 170 | 182 | 231 | 1.0% |
| India | 120 | 85.1 | 141 | 155 | 8.9% |
| France | 90.6 | 78.5 | 93.9 | 103 | 4.4% |
| Brazil | 48.5 | 44.0 | 72.4 | 81.6 | 18.9% |
| Italy | 74.3 | 54.6 | 72.4 | 70.8 | -1.6% |
| South Korea | 75.6 | 68.7 | 75.4 | 69.8 | -2.6% |
| Turkey | 35.4 | 41.6 | 50.6 | 68.6 | 24.7% |
| Singapore | 122 | 116 | 97.0 | 68.2 | -17.6% |
| Canada | 51.3 | 40.4 | 44.0 | 62.6 | 6.9% |
| Russia | 56.3 | 51.8 | 55.2 | 53.5 | -1.7% |
| Denmark | 72.2 | 64.2 | 81.2 | 50.9 | -11.0% |
| Thailand | 33.5 | 31.4 | 30.8 | 33.4 | -0.1% |
| Others | -1,124.1 | -1,059.8 | -1,168.8 | -1,151.5 | 0.8% |
| Total | 123 | 112 | 134 | 144 | 5.4% |
Top Suppliers of Spherical Roller Bearing to Germany in 2022:
- China (17.0K tons)
- United States (11.8K tons)
- India (9.3K tons)
- Russia (7.2K tons)
- France (6.8K tons)
- Brazil (6.6K tons)
- Denmark (6.3K tons)
- South Korea (5.7K tons)
- Thailand (5.2K tons)
- Turkey (5.0K tons)
- Italy (4.3K tons)
- Singapore (4.2K tons)
- Canada (3.6K tons)
This report provides an in-depth analysis of the spherical roller bearing market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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
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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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The Germany Spherical Roller Bearing exports peaked at 27K tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum. In value terms, Spherical Roller Bearing exports reached $339M in 2023.
122
In general, there is a slight slump in exports. The value of Spherical Roller Bearing exports increased significantly to $29M in September 2023.
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