China - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTapered Roller Bearing Price in China - 2023
Contents:
- Tapered Roller Bearing Price in China (CIF) - 2023
- Tapered Roller Bearing Price in China (FOB) - 2023
- Tapered Roller Bearing Imports in China
- Tapered Roller Bearing Exports in China
Tapered Roller Bearing Price in China (CIF) - 2023
The import price in China stood at $16,943 per ton in September 2023, remaining constant against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the import price increased by 5.3% month-to-month. China import price peaked at $17,135 per ton in August 2023, and then shrank slightly in the following month.
There were significant differences in the average prices amongst the major importing countries. In September 2023, the country with the highest price was Italy ($28,842 per ton), while Austria ($9,987 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 Germany (+3.7%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Price in China (FOB) - 2023
The export price in China stood at $4,756 per ton in August 2023, almost unchanged from the previous month. In general, the export price showed a slight setback. The growth pace was the most rapid in December 2022 when the export price increased by 9.3% m-o-m. Over the period under review, the export prices reached the maximum at $5,856 per ton in February 2023; however, from March 2023 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($8,025 per ton), while Vietnam ($2,009 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Russia (+3.2%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Imports in China
In 2022, after three years of growth, there was significant decline in supplies from abroad of tapered roller bearings, when their volume decreased by -30.5% to 30K tons. Overall, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 44% against the previous year.
In value terms, tapered roller bearing imports dropped remarkably to $487M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 44% against the previous year.
| Import of Tapered Roller Bearing in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 632 | 546 | 641 | 667 | 1.8% |
| United States | 511 | 378 | 523 | 621 | 6.7% |
| 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% |
| Singapore | 109 | 89.5 | 121 | 136 | 7.7% |
| 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 | -2,155.9 | -1,467.2 | -1,999.5 | -2,647.3 | 7.1% |
| Total | 487 | 699 | 808 | 487 | 0.0% |
Top Suppliers of Tapered Roller Bearing to China in 2022:
- Germany (71.0K tons)
- United States (55.2K 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)
- Singapore (9.4K tons)
Tapered Roller Bearing Exports in China
In 2022, approx. 130K tons of tapered roller bearings were exported from China; with an increase of 10% compared with the previous year's figure. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 96% against the previous year. The China exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, tapered roller bearing exports rose modestly to $681M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 51%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.
| Export of Tapered Roller Bearing in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 716 | 814 | 890 | 683 | -1.6% |
| 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% |
| Singapore | 96.9 | 83.0 | 114 | 124 | 8.6% |
| Italy | 112 | 100 | 110 | 107 | -1.5% |
| Thailand | 31.2 | 24.4 | 44.2 | 40.8 | 9.4% |
| Others | -3,100.8 | -2,700.6 | -3,103.2 | -3,173.8 | 0.8% |
| Total | 480 | 430 | 650 | 681 | 12.4% |
Top Export Markets for Tapered Roller Bearing from China in 2022:
- 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)
- Singapore (7.4K tons)
This report provides an in-depth analysis of the tapered roller bearing market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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203
In value terms, tapered roller bearing imports reduced to $39M in March 2023.
260
In value terms, bearing exports fell to $457M in April 2023.
350
In terms of value, exports of Bearing decreased to $420M in June 2023.
389
In February 2023, the cost of ball bearings was $7,082 per ton delivered (FOB, China), an increase of 12% compared to the previous month.
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In value terms, cylindrical roller bearing imports rose modestly to $59M in April 2023.
127
The needle roller bearing industry experienced a significant growth rate in March 2023 with a month-on-month increase of 44%. In terms of value, the exports of Needle Roller Bearing rose remarkably to $19M in December 2023.
349
In value terms, needle roller bearing exports soared to $19M in March 2023.
139
The rate of growth for Ball Bearing Parts was particularly rapid in March 2023, experiencing a month-on-month increase of 35%. Additionally, the value of exports for ball bearing parts surged to $79M in November 2023.
254
In April 2023, the roller bearing price stood at $6,407 per ton (FOB, China), increasing by 3.7% against the previous month.
317
In June 2023, the price of Spherical Roller Bearing amounted to $14,537 per ton (CIF, China), showing a 4% decrease compared to the previous month.
