Russian Federation - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpherical Roller Bearing Price in Russia - 2022
Contents:
- Spherical Roller Bearing Price in Russia (CIF) - 2022
- Spherical Roller Bearing Price in Russia (FOB) - 2022
- Spherical Roller Bearing Imports in Russia
- Spherical Roller Bearing Exports in Russia
Spherical Roller Bearing Price in Russia (CIF) - 2022
In January 2022, the import price in Russia amounted to $6,974 per ton, picking up by 4.6% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in February 2021 when the import price increased by 26% against the previous month. Over the period under review, import prices hit record highs at $8,663 per ton in August 2021; however, from September 2021 to January 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In January 2022, the country with the highest price was Sweden ($16,923 per ton), while Malaysia ($3,470 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.1%), while the other leaders experienced more modest paces of growth.
Spherical Roller Bearing Price in Russia (FOB) - 2022
In January 2022, the export price in Russia amounted to $6,235 per ton, shrinking by -20.1% against the previous month. Over the period under review, the export price showed a pronounced descent. The pace of growth was the most pronounced in February 2021 an increase of 50% month-to-month. As a result, the export price reached the peak level of $13,945 per ton. From March 2021 to January 2022, the the export prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In January 2022, the country with the highest price was Ukraine ($7,582 per ton), while Turkey ($1,040 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+53.6%), while the other leaders experienced more modest paces of growth.
Spherical Roller Bearing Imports in Russia
In 2022, after three years of growth, there was decline in purchases abroad of spherical roller bearings, when their volume decreased by -0.1% to 7.2K tons. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 8.3% against the previous year.
In value terms, spherical roller bearing imports reduced slightly to $54M in 2022. In general, imports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 6.6% against the previous year.
| Import of Spherical Roller Bearing in Russia (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% |
| Germany | 123 | 112 | 134 | 144 | 5.4% |
| 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% |
| Denmark | 72.2 | 64.2 | 81.2 | 50.9 | -11.0% |
| Thailand | 33.5 | 31.4 | 30.8 | 33.4 | -0.1% |
| Others | -1,258.4 | -1,179.3 | -1,326.8 | -1,332.3 | 1.9% |
| Total | 56.3 | 51.8 | 55.2 | 53.5 | -1.7% |
Top Suppliers of Spherical Roller Bearing to Russia in 2022:
- China (17.0K tons)
- United States (11.8K tons)
- Germany (10.1K tons)
- India (9.3K 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)
Spherical Roller Bearing Exports in Russia
In 2022, spherical roller bearing exports from Russia declined modestly to 1.2K tons, which is down by -2.4% compared with 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 7.5%. As a result, the exports attained the peak of 1.2K tons, and then contracted slightly in the following year.
In value terms, spherical roller bearing exports declined to $11M in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 14%.
| Export of Spherical Roller Bearing in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 316 | 328 | 377 | 358 | 4.2% |
| Germany | 318 | 379 | 418 | 339 | 2.2% |
| 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% |
| Czech Republic | 24.4 | 28.9 | 30.8 | 22.6 | -2.5% |
| Belarus | 16.4 | 14.6 | 15.4 | 16.5 | 0.2% |
| Others | -1,836.4 | -1,683.0 | -1,834.2 | -1,836.0 | -0.0% |
| Total | 9.7 | 11.1 | 11.7 | 11.4 | 5.5% |
Top Export Markets for Spherical Roller Bearing from Russia in 2022:
- China (45.0K tons)
- Germany (19.6K 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)
- Czech Republic (1.9K tons)
- United States (1.7K tons)
This report provides an in-depth analysis of the spherical roller bearing market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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
-
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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