Thailand - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTapered Roller Bearing Price in Thailand - 2023
Contents:
- Tapered Roller Bearing Price in Thailand (FOB) - 2023
- Tapered Roller Bearing Price in Thailand (CIF) - 2023
- Tapered Roller Bearing Exports in Thailand
- Tapered Roller Bearing Imports in Thailand
Tapered Roller Bearing Price in Thailand (FOB) - 2023
In September 2023, the export price in Thailand amounted to $5,250 per ton, surging by 3% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in April 2023 an increase of 31% against the previous month. As a result, the export price attained the peak level of $5,912 per ton. From May 2023 to September 2023, the the export prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($14,756 per ton), while Panama ($2,601 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 the United States (+12.2%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Price in Thailand (CIF) - 2023
In September 2023, the import price in Thailand amounted to $6,183 per ton, increasing by 5.8% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 36% month-to-month. As a result, import price reached the peak level of $7,245 per ton. From December 2022 to September 2023, the import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In September 2023, the country with the highest price was Poland ($29,027 per ton), while South Korea ($4,126 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 Poland (+18.5%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Exports in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas shipments of tapered roller bearings, which increased by 29% to 8.1K tons in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 150% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, tapered roller bearing exports fell to $41M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.4% 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 +67.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 82% against the previous year. As a result, the exports attained the peak of $44M, and then contracted in the following year.
| Export of Tapered Roller Bearing in Thailand (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% |
| Singapore | 96.9 | 83.0 | 114 | 124 | 8.6% |
| Italy | 112 | 100 | 110 | 107 | -1.5% |
| Others | -3,998.5 | -3,511.4 | -4,315.0 | -4,453.9 | 3.7% |
| Total | 31.2 | 24.4 | 44.2 | 40.8 | 9.4% |
Top Export Markets for Tapered Roller Bearing from Thailand 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)
- Singapore (7.4K tons)
Tapered Roller Bearing Imports in Thailand
Tapered roller bearing imports into Thailand rose significantly to 7.7K tons in 2022, surging by 7.3% on 2021 figures. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 106% against the previous year. Thailand imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, tapered roller bearing imports rose markedly to $48M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Thailand imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Tapered Roller Bearing in Thailand (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 | -2,975.3 | -2,741.5 | -3,449.9 | -3,437.5 | 4.9% |
| Total | 45.4 | 34.1 | 43.3 | 47.8 | 1.7% |
Top Suppliers of Tapered Roller Bearing to Thailand 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)
This report provides an in-depth analysis of the tapered roller bearing market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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