Finland - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingTapered Roller Bearing Price in Finland - 2023
Contents:
- Tapered Roller Bearing Price in Finland (CIF) - 2023
- Tapered Roller Bearing Price in Finland (FOB) - 2023
- Tapered Roller Bearing Imports in Finland
- Tapered Roller Bearing Exports in Finland
Tapered Roller Bearing Price in Finland (CIF) - 2023
In July 2023, the import price in Finland amounted to $18,716 per ton, with an increase of 2.9% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the import price increased by 39% month-to-month. As a result, import price attained the peak level of $19,160 per ton. From February 2023 to July 2023, the import prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($20,872 per ton), while Austria ($7,685 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 Sweden (+2.7%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Price in Finland (FOB) - 2023
In July 2023, the export price in Finland amounted to $36,935 per ton, falling by -31.6% against the previous month. Overall, the export price recorded a slight curtailment. The growth pace was the most rapid in January 2023 an increase of 194% month-to-month. The Finland export price peaked at $56,554 per ton in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In July 2023, the country with the highest price was the United States ($90,654 per ton), while South Africa ($20,743 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 France (+7.4%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Imports in Finland
In 2022, approx. 831 tons of tapered roller bearings were imported into Finland; which is down by -29.6% against the previous year. Over the period under review, imports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports attained the peak of 1.2K tons, and then fell notably in the following year.
In value terms, tapered roller bearing imports shrank dramatically to $13M in 2022. In general, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 36%. As a result, imports attained the peak of $18M, and then fell significantly in the following year.
| Import of Tapered Roller Bearing in Finland (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% |
| 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 | -3,004.3 | -2,762.5 | -3,475.4 | -3,472.4 | 4.9% |
| Total | 16.4 | 13.1 | 17.8 | 12.9 | -7.7% |
Top Suppliers of Tapered Roller Bearing to Finland 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 Finland
Tapered roller bearing exports from Finland skyrocketed to 113 tons in 2022, with an increase of 79% on 2021 figures. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, tapered roller bearing exports surged to $2.6M in 2022. Overall, total exports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +3.9% 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 +63.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tapered Roller Bearing in Finland (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 | -3,961.6 | -3,475.6 | -4,288.0 | -4,408.6 | 3.6% |
| Total | 2.3 | 1.6 | 1.8 | 2.6 | 4.2% |
Top Export Markets for Tapered Roller Bearing from Finland 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 Finland. 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:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
403
This report provides an in-depth analysis of the tapered roller bearing market in Finland.
394
This report provides an in-depth analysis of the bearing market in Finland.
271
This report provides an in-depth analysis of the bearing market in Finland.
433
This report provides an in-depth analysis of the ball bearing market in Finland.
334
This report provides an in-depth analysis of the tools for bearing market in Finland.
478
This report provides an in-depth analysis of the cylindrical roller bearing market in Finland.
314
This report provides an in-depth analysis of the needle roller bearing market in Finland.
309
This report provides an in-depth analysis of the ball bearing parts market in Finland.
534
This report provides an in-depth analysis of the roller bearing market in Finland.
414
This report provides an in-depth analysis of the spherical roller bearing market in Finland.
135
Explore the top import markets for bearings, including China, Germany, and the United States. Discover key statistics and figures that highlight the growth and demand in this thriving industry.
164
Explore the top import markets for ball bearings, including Germany, China, the United States, and more. Find key statistics and data on the global demand for ball bearings.
62
Discover the leading import markets for cylindrical roller bearings and their impact on the global industry. From China to South Korea, learn about the key players driving the demand for these essential components.
3197
In value terms, candles and tapers imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consistent,...
841
In value terms, candles and tapers exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained consistent, with so...
904
In 2016, approx. X tons of bearing were imported worldwide- standing approx. at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
1741
In 2016, approx. X tons of bearing were imported worldwide- standing approx. at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
1833
Germany continued to dominate in the global ball or roller bearing trade. In 2014, Germany exported X thousand tons of ball or roller bearings totaling X million USD, X% over the previous year. Its primary trading partner was China, where it su
135
Explore the top import markets for bearings, including China, Germany, and the United States. Discover key statistics and figures that highlight the growth and demand in this thriving industry.
164
Explore the top import markets for ball bearings, including Germany, China, the United States, and more. Find key statistics and data on the global demand for ball bearings.
