Germany - Balls, Needles And Rollers For Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTools for Bearing Price in Germany - 2023
Contents:
- Tools for Bearing Price in Germany (FOB) - 2023
- Tools for Bearing Price in Germany (CIF) - 2023
- Tools for Bearing Exports in Germany
- Tools for Bearing Imports in Germany
Tools for Bearing Price in Germany (FOB) - 2023
In June 2023, the average tools for bearing export price amounted to $10,888 per ton, waning by -2.8% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 7% against the previous month. As a result, the export price reached the peak level of $11,199 per ton, and then declined in the following month.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was China ($17,223 per ton), while the average price for exports to Romania ($7,201 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Tools for Bearing Price in Germany (CIF) - 2023
In June 2023, the average tools for bearing import price amounted to $7,284 per ton, waning by -8.6% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in May 2023 when the average import price increased by 23% month-to-month. As a result, import price reached the peak level of $7,973 per ton, and then fell in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($8,731 per ton), while the price for Poland ($4,778 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Tools for Bearing Exports in Germany
In 2022, the amount of balls, needles and rollers for ball or roller bearings exported from Germany declined dramatically to 24K tons, with a decrease of -16.7% on the previous year's figure. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 3.6% against the previous year.
In value terms, tools for bearing exports fell sharply to $225M in 2022. Over the period under review, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 7.8%. As a result, the exports attained the peak of $282M, and then contracted notably in the following year.
| Export of Tools for Bearing in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 74.1 | 52.0 | 55.8 | 39.2 | -19.1% |
| Romania | 24.0 | 23.7 | 29.5 | 31.9 | 9.9% |
| China | 45.4 | 54.8 | 41.6 | 27.7 | -15.2% |
| United States | 21.8 | 21.3 | 23.0 | 22.0 | 0.3% |
| India | 12.6 | 11.6 | 17.1 | 15.8 | 7.8% |
| Italy | 15.0 | 13.6 | 16.1 | 14.8 | -0.4% |
| Poland | 9.8 | 10.6 | 14.8 | 11.5 | 5.5% |
| Czech Republic | 8.6 | 8.0 | 11.5 | 9.5 | 3.4% |
| France | 11.1 | 10.1 | 12.7 | 8.7 | -7.8% |
| Austria | 5.9 | 5.0 | 5.7 | 5.9 | 0.0% |
| South Korea | 7.5 | 6.1 | 7.3 | 5.6 | -9.3% |
| Mexico | 2.1 | 3.6 | 6.4 | 4.8 | 31.7% |
| Spain | 8.5 | 8.0 | 4.4 | 1.9 | -39.3% |
| Others | 29.4 | 33.0 | 36.1 | 25.6 | -4.5% |
| Total | 276 | 262 | 282 | 225 | -6.6% |
Top Export Markets for Tools for Bearing from Germany in 2022:
- Romania (5.0K tons)
- Slovakia (4.1K tons)
- United States (2.3K tons)
- China (2.1K tons)
- Italy (1.6K tons)
- Poland (1.6K tons)
- India (1.5K tons)
- Czech Republic (0.9K tons)
- France (0.8K tons)
- Austria (0.6K tons)
- Mexico (0.5K tons)
- South Korea (0.5K tons)
- Spain (0.2K tons)
Tools for Bearing Imports in Germany
In 2022, approx. 31K tons of balls, needles and rollers for ball or roller bearings were imported into Germany; which is down by -8.8% against the previous year. Over the period under review, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 15%.
In value terms, tools for bearing imports shrank to $197M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of $210M, and then shrank in the following year.
| Import of Tools for Bearing in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 56.2 | 40.4 | 45.7 | 39.1 | -11.4% |
| China | 24.2 | 20.6 | 33.0 | 25.5 | 1.8% |
| Italy | 25.9 | 18.1 | 27.3 | 25.2 | -0.9% |
| Slovakia | 17.1 | 32.4 | 26.2 | 24.1 | 12.1% |
| Romania | 4.2 | 7.5 | 10.2 | 17.7 | 61.5% |
| Ukraine | 10.8 | 9.0 | 12.6 | 11.0 | 0.6% |
| Bosnia and Herzegovina | 5.2 | 3.7 | 7.4 | 9.2 | 20.9% |
| Poland | 6.0 | 6.3 | 7.6 | 8.0 | 10.1% |
| Hungary | 6.4 | 4.7 | 3.8 | 0.9 | -48.0% |
| Others | 34.2 | 28.6 | 36.5 | 36.1 | 1.8% |
| Total | 190 | 171 | 210 | 197 | 1.2% |
Top Suppliers of Tools for Bearing to Germany in 2022:
- China (6.7K tons)
- Spain (6.0K tons)
- Italy (4.1K tons)
- Slovakia (3.0K tons)
- Romania (2.6K tons)
- Poland (2.0K tons)
- Bosnia and Herzegovina (2.0K tons)
- Ukraine (1.5K tons)
- Hungary (0.1K tons)
This report provides an in-depth analysis of the tools for bearing market in Germany. 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 28153130 - Balls, needles and rollers for ball or roller bearings
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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Cylindrical Roller Bearing price in June 2023 was $33,018 per ton (FOB, Germany), marking a decrease of -2.3% compared to the previous month.
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In April 2023, the price of Needle Roller Bearing was $37,689 per ton (FOB, Germany), experiencing a 5.7% increase compared to the previous month.
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The exports of Roller Bearing reached their highest point at 945 tons but significantly decreased in the subsequent month. In terms of value, the exports of Roller Bearing reduced considerably to $16M in September 2023.
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The Germany Spherical Roller Bearing exports peaked at 27K tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum. In value terms, Spherical Roller Bearing exports reached $339M in 2023.
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In general, there is a slight slump in exports. The value of Spherical Roller Bearing exports increased significantly to $29M in September 2023.
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In August 2022, the growth of the Spherical Roller Bearing industry was at its highest, with a 15% increase in exports compared to the previous month. The value of these exports reached $31M by July 2023.
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In March 2023, the tapered roller bearing price stood at $16,028 per ton (FOB, Germany), with an increase of 3.3% against the previous month.
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