U.S. - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTapered Roller Bearing Price in the United States - 2023
Contents:
- Tapered Roller Bearing Price in the United States (CIF) - 2023
- Tapered Roller Bearing Price in the United States (FOB) - 2023
- Tapered Roller Bearing Imports in the United States
- Tapered Roller Bearing Exports in the United States
Tapered Roller Bearing Price in the United States (CIF) - 2023
The import price in the United States stood at $8,943 per ton in September 2023, declining by -28.6% against the previous month. In general, the import price showed a perceptible reduction. The pace of growth appeared the most rapid in November 2022 an increase of 22% month-to-month. As a result, import price attained the peak level of $13,936 per ton. From December 2022 to September 2023, the import prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($16,468 per ton), while China ($3,885 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 Mexico (+3.5%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Price in the United States (FOB) - 2023
The export price in the United States stood at $56,852 per ton in September 2023, standing approximately at the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 8.1% against the previous month. The the United States export price peaked at $60,528 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($84,251 per ton), while South Korea ($16,791 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 China (+2.3%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Imports in the United States
In 2022, the amount of tapered roller bearings imported into the United States was estimated at 55K tons, with an increase of 4.5% on 2021 figures. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47%. The United States imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, tapered roller bearing imports skyrocketed to $621M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. The United States imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Tapered Roller Bearing in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 632 | 546 | 641 | 667 | 1.8% |
| 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% |
| 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 | -2,107.7 | -2,109.2 | -2,568.9 | -2,380.6 | 4.1% |
| Total | 511 | 378 | 523 | 621 | 6.7% |
Top Suppliers of Tapered Roller Bearing to the United States in 2022:
- Germany (71.0K 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)
- Singapore (9.4K tons)
Tapered Roller Bearing Exports in the United States
In 2022, shipments abroad of tapered roller bearings was finally on the rise to reach 12K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp contraction.
In value terms, tapered roller bearing exports skyrocketed to $647M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.0% 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 +50.9% 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 716 | 814 | 890 | 683 | -1.6% |
| China | 480 | 430 | 650 | 681 | 12.4% |
| 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 | -2,974.2 | -2,703.3 | -3,418.6 | -3,242.4 | 2.9% |
| Total | 543 | 428 | 492 | 647 | 6.0% |
Top Export Markets for Tapered Roller Bearing from the United States 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)
- 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 the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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394
In August 2022, the bearing price per ton amounted to $16.2K (FOB, US), falling by -9.3% against the previous month.
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Imports of Tapered Roller Bearing reached a value of $51M in May 2023.
