Saudi Arabia - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTapered Roller Bearing Price in Saudi Arabia - 2021
Contents:
- Tapered Roller Bearing Price in Saudi Arabia (CIF) - 2022
- Tapered Roller Bearing Price in Saudi Arabia (FOB) - 2022
- Tapered Roller Bearing Imports in Saudi Arabia
- Tapered Roller Bearing Exports in Saudi Arabia
Tapered Roller Bearing Price in Saudi Arabia (CIF) - 2022
In 2021, the import price in Saudi Arabia amounted to $10,580 per ton, picking up by 1.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 48% against the previous year. As a result, import price reached the peak level of $14,952 per ton. From 2017 to 2021, the import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($18,488 per ton), while Brazil ($6,321 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Price in Saudi Arabia (FOB) - 2022
The export price in Saudi Arabia stood at $25,824 per ton in 2022, dropping by -22.4% against the previous year. Overall, the export price, however, posted a notable expansion. The most prominent rate of growth was recorded in 2021 an increase of 125%. The Saudi Arabia export price peaked at $48,412 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($54,921 per ton), while Thailand ($5,057 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.3%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Imports in Saudi Arabia
After two years of growth, supplies from abroad of tapered roller bearings decreased by -10% to 886 tons in 2021. The total import volume increased at an average annual rate of +4.7% from 2019 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 22%. As a result, imports reached the peak of 985 tons, and then contracted in the following year.
In value terms, tapered roller bearing imports dropped to $9.4M in 2021. The total import value increased at an average annual rate of +8.6% from 2019 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 29% against the previous year. As a result, imports attained the peak of $10M, and then reduced in the following year.
| Import of Tapered Roller Bearing in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 487 | 699 | 808 | 28.8% | |
| Germany | 632 | 546 | 641 | 0.7% | |
| United States | 511 | 378 | 523 | 1.2% | |
| France | 277 | 239 | 282 | 0.9% | |
| Mexico | 226 | 155 | 211 | -3.4% | |
| Brazil | 142 | 109 | 182 | 13.2% | |
| Italy | 154 | 129 | 174 | 6.3% | |
| India | 122 | 78.0 | 146 | 9.4% | |
| Sweden | 119 | 101 | 127 | 3.3% | |
| Belgium | 84.0 | 112 | 114 | 16.5% | |
| Russia | 95.1 | 89.1 | 110 | 7.5% | |
| Netherlands | 97.6 | 92.5 | 103 | 2.7% | |
| Spain | 57.6 | 57.4 | 76.3 | 15.1% | |
| Others | -2,995.3 | -2,775.0 | -3,487.0 | 7.9% | |
| Total | 7.9 | 10.3 | 9.4 | 9.1% | |
Top Suppliers of Tapered Roller Bearing to Saudi Arabia in 2022:
- Germany (62.6K tons)
- United States (52.8K tons)
- China (43.7K tons)
- Brazil (28.7K tons)
- France (25.9K tons)
- Mexico (21.8K tons)
- Italy (17.1K tons)
- Russia (13.4K tons)
- Sweden (11.9K tons)
- India (10.6K tons)
- Spain (10.6K tons)
- Netherlands (9.4K tons)
- Belgium (9.3K tons)
Tapered Roller Bearing Exports in Saudi Arabia
After three years of growth, overseas shipments of tapered roller bearings decreased by -28.5% to 8.4 tons in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 309%. As a result, the exports attained the peak of 12 tons, and then reduced notably in the following year.
In value terms, tapered roller bearing exports dropped markedly to $218K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 818%. As a result, the exports reached the peak of $393K, and then dropped dramatically in the following year.
| Export of Tapered Roller Bearing in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 814 | 890 | 683 | -8.4% | |
| China | 430 | 650 | 681 | 25.8% | |
| United States | 428 | 492 | 647 | 23.0% | |
| Japan | 555 | 673 | 626 | 6.2% | |
| France | 316 | 383 | 369 | 8.1% | |
| Romania | 203 | 254 | 353 | 31.9% | |
| India | 140 | 230 | 260 | 36.3% | |
| Austria | 150 | 174 | 183 | 10.5% | |
| South Korea | 143 | 165 | 180 | 12.2% | |
| Hungary | 73.1 | 87.7 | 143 | 39.9% | |
| Poland | 100 | 136 | 140 | 18.3% | |
| Italy | 100 | 110 | 107 | 3.4% | |
| Thailand | 24.4 | 44.2 | 40.8 | 29.3% | |
| Others | -3,477.1 | -4,289.5 | -4,410.9 | 12.6% | |
| Total | N/A | 0.4 | 0.2 | -50.0% | |
Top Export Markets for Tapered Roller Bearing from Saudi Arabia 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 Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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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