Belgium - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTapered Roller Bearing Price in Belgium - 2023
Contents:
- Tapered Roller Bearing Price in Belgium (CIF) - 2023
- Tapered Roller Bearing Price in Belgium (FOB) - 2023
- Tapered Roller Bearing Imports in Belgium
- Tapered Roller Bearing Exports in Belgium
Tapered Roller Bearing Price in Belgium (CIF) - 2023
In July 2023, the import price in Belgium amounted to $15,756 per ton, remaining relatively unchanged against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in January 2023 an increase of 28% month-to-month. Belgium import price peaked at $16,407 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In July 2023, the country with the highest price was France ($23,367 per ton), while China ($6,122 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 India (+5.0%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Price in Belgium (FOB) - 2023
In July 2023, the export price in Belgium amounted to $16,819 per ton, reducing by -13.5% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 12% against the previous month. The Belgium export price peaked at $21,593 per ton in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($26,659 per ton), while New Zealand ($6,756 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 Brazil (+2.4%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Imports in Belgium
After three years of growth, overseas purchases of tapered roller bearings decreased by -37.8% to 5.8K tons in 2022. In general, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 28%.
In value terms, tapered roller bearing imports dropped markedly to $61M in 2022. Overall, imports faced a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 34% against the previous year.
Import of Tapered Roller Bearing in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 632 | 546 | 641 | 667 | 1.8% |
United States | 511 | 378 | 523 | 621 | 6.7% |
China | 487 | 699 | 808 | 487 | 0.0% |
France | 277 | 239 | 282 | 283 | 0.7% |
Mexico | 226 | 155 | 211 | 272 | 6.4% |
Brazil | 142 | 109 | 182 | 207 | 13.4% |
Italy | 154 | 129 | 174 | 186 | 6.5% |
Australia | 80.3 | 92.5 | 104 | 148 | 22.6% |
India | 122 | 78.0 | 146 | 147 | 6.4% |
Canada | 120 | 102 | 109 | 133 | 3.5% |
Sweden | 119 | 101 | 127 | 127 | 2.2% |
Turkey | 56.9 | 57.9 | 77.1 | 106 | 23.0% |
Russia | 95.1 | 89.1 | 110 | 99.8 | 1.6% |
Others | -2,936.7 | -2,663.3 | -3,379.2 | -3,424.5 | 5.3% |
Total | 84.0 | 112 | 114 | 60.8 | -10.2% |
Top Suppliers of Tapered Roller Bearing to Belgium in 2022:
- Germany (71.0K tons)
- United States (55.2K tons)
- China (30.4K tons)
- Brazil (30.3K tons)
- France (26.3K tons)
- Mexico (24.7K tons)
- Italy (19.9K tons)
- Russia (12.9K tons)
- Turkey (12.5K tons)
- Sweden (12.5K tons)
- Australia (12.1K tons)
- India (12.1K tons)
- Canada (10.9K tons)
Tapered Roller Bearing Exports in Belgium
In 2022, overseas shipments of tapered roller bearings decreased by -75.3% to 788 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 128%.
In value terms, tapered roller bearing exports dropped dramatically to $19M in 2022. In general, exports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 121%.
Export of Tapered Roller Bearing in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 716 | 814 | 890 | 683 | -1.6% |
China | 480 | 430 | 650 | 681 | 12.4% |
United States | 543 | 428 | 492 | 647 | 6.0% |
Japan | 687 | 555 | 673 | 626 | -3.1% |
France | 388 | 316 | 383 | 369 | -1.7% |
Romania | 255 | 203 | 254 | 353 | 11.4% |
India | 163 | 140 | 230 | 260 | 16.8% |
Austria | 208 | 150 | 174 | 183 | -4.2% |
South Korea | 180 | 143 | 165 | 180 | 0.0% |
Hungary | 95.0 | 73.1 | 87.7 | 143 | 14.6% |
Poland | 105 | 100 | 136 | 140 | 10.1% |
Italy | 112 | 100 | 110 | 107 | -1.5% |
Thailand | 31.2 | 24.4 | 44.2 | 40.8 | 9.4% |
Others | -3,943.8 | -3,432.9 | -4,234.8 | -4,392.3 | 3.7% |
Total | 20.1 | 44.3 | 55.1 | 18.9 | -2.0% |
Top Export Markets for Tapered Roller Bearing from Belgium in 2022:
- China (130.1K tons)
- Japan (53.8K tons)
- Germany (45.2K tons)
- Romania (24.2K tons)
- France (23.8K tons)
- Austria (22.0K tons)
- South Korea (19.7K tons)
- India (19.6K tons)
- Poland (15.5K tons)
- Hungary (12.4K tons)
- United States (11.8K tons)
- Italy (8.2K tons)
- Thailand (8.1K tons)
This report provides an in-depth analysis of the tapered roller bearing market in Belgium. 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 28151053 - Tapered roller bearings (including cone and tapered roller assemblies)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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