Japan - Balls, Needles And Rollers For Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Japan - Balls, Needles And Rollers For Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Tools for Bearing Price in Japan - 2023

Contents:

  1. Tools for Bearing Price in Japan (FOB) - 2023
  2. Tools for Bearing Price in Japan (CIF) - 2023
  3. Tools for Bearing Exports in Japan
  4. Tools for Bearing Imports in Japan

Tools for Bearing Price in Japan (FOB) - 2023

The average tools for bearing export price stood at $8,918 per ton in July 2023, picking up by 2.5% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when the average export price increased by 10% against the previous month. As a result, the export price attained the peak level of $10,105 per ton. From September 2022 to July 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($12,127 per ton), while the average price for exports to Romania ($3,738 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Tools for Bearing Price in Japan (CIF) - 2023

In July 2023, the average tools for bearing import price amounted to $3,976 per ton, with a decrease of -19.3% against the previous month. Overall, the import price saw a mild descent. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 14% m-o-m. The import price peaked at $5,055 per ton in January 2023; however, from February 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($8,446 per ton), while the price for China ($3,327 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 Taiwan (Chinese) (+0.9%), while the prices for the other major suppliers experienced a decline.

Tools for Bearing Exports in Japan

Tools for bearing exports from Japan contracted rapidly to 16K tons in 2022, shrinking by -15.9% compared with the previous year's figure. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. As a result, the exports reached the peak of 19K tons, and then dropped remarkably in the following year.

In value terms, tools for bearing exports shrank remarkably to $153M in 2022. In general, exports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2021 when exports increased by 40% against the previous year. As a result, the exports attained the peak of $192M, and then declined rapidly in the following year.

Export of Tools for Bearing in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China39.039.453.341.72.3%
Thailand33.023.937.530.8-2.3%
United States24.616.225.219.4-7.6%
South Korea16.512.516.912.5-8.8%
Mexico13.310.110.07.4-17.8%
Taiwan (Chinese)6.76.88.26.6-0.5%
Italy2.41.33.73.715.5%
India2.62.23.03.16.0%
Romania2.81.53.72.80.0%
Brazil1.10.92.11.613.3%
Poland1.41.51.91.64.6%
Others25.521.427.122.1-4.7%
Total169138192153-3.3%

Top Export Markets for Tools for Bearing from Japan in 2022:

  1. Thailand (4.4K tons)
  2. China (4.3K tons)
  3. United States (1.9K tons)
  4. South Korea (1.3K tons)
  5. Romania (0.7K tons)
  6. Taiwan (Chinese) (0.7K tons)
  7. Italy (0.5K tons)
  8. Mexico (0.5K tons)
  9. India (0.4K tons)
  10. Brazil (0.3K tons)
  11. Poland (0.2K tons)

Tools for Bearing Imports in Japan

Tools for bearing imports into Japan shrank to 7.4K tons in 2022, with a decrease of -2% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 31%. As a result, imports reached the peak of 7.6K tons, and then contracted in the following year.

In value terms, tools for bearing imports shrank to $35M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 24%. As a result, imports reached the peak of $39M, and then fell in the following year.

Import of Tools for Bearing in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.618.826.927.812.4%
Taiwan (Chinese)3.72.82.82.0-18.5%
Indonesia0.70.50.90.6-5.0%
Others5.39.38.34.8-3.2%
Total29.331.438.835.16.2%

Top Suppliers of Tools for Bearing to Japan in 2022:

  1. China (7.0K tons)
  2. Taiwan (Chinese) (0.2K tons)
  3. Indonesia (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tools for bearing market in Japan. 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:

  • Japan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Japan
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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