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Report Puerto Rico - Balls, Needles and Rollers for Ball or Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update May 1, 2024

Puerto Rico - Balls, Needles and Rollers for Ball or Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Tools For Bearing Market 2022

Tools For Bearing Market Size in Puerto Rico

In 2021, the Puerto Rican tools for bearing market increased by 11% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Tools For Bearing Production in Puerto Rico

In value terms, tools for bearing production rose sharply to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 18%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Tools For Bearing Exports

Exports by Country

In 2021, China (X tons) was the largest exporter of balls, needles and rollers for ball or roller bearings, generating 44% of total exports. Germany (X tons) held a 9.9% share (based on physical terms) of total exports, which put it in second place, followed by Italy (7.7%), Japan (6.7%) and Poland (5.4%). Spain (X tons), India (X tons), Slovakia (X tons), Hungary (X tons), the Netherlands (X tons), the United States (X tons), the UK (X tons) and France (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to tools for bearing exports from China stood at +3.2%. At the same time, India (+11.4%), Poland (+4.9%), Germany (+2.8%), Spain (+2.5%) and Hungary (+2.4%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +11.4% from 2012-2021. Japan and Italy experienced a relatively flat trend pattern. By contrast, the UK (-1.2%), Slovakia (-1.5%), the Netherlands (-3.6%), the United States (-5.5%) and France (-7.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +4.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and Japan ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 51% share of total exports. Italy, the United States, Poland, Spain, the Netherlands, the UK, India, Slovakia, France and Hungary lagged somewhat behind, together accounting for a further 35%.

In terms of the main exporting countries, India, with a CAGR of +10.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, approximately reflecting the previous year. In general, the export price recorded a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the other leaders experienced more modest paces of growth.

Tools For Bearing Imports

Imports by Country

France (X tons) and Mexico (X tons) represented the key importers of balls, needles and rollers for ball or roller bearings in 2021, resulting at near 16% and 16% of total imports, respectively. Germany (X tons) took a 9% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (7.1%), India (5.6%) and Slovakia (4.6%). China (X tons), the United States (X tons), Romania (X tons), Thailand (X tons), Austria (X tons), Italy (X tons) and Japan (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by India (with a CAGR of +15.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and South Korea ($X) were the countries with the highest levels of imports in 2021, together accounting for 31% of total imports.

South Korea, with a CAGR of +7.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 43% share of global consumption. These countries were followed by France, Japan, Mexico, Germany, Indonesia, South Korea, Canada, Saudi Arabia, Thailand and Slovakia, which together accounted for a further 36%.
China remains the largest tools for bearing producing country worldwide, accounting for 32% of total volume. Moreover, tools for bearing production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was held by India, with an 8.9% share.
In value terms, the largest tools for bearing importing markets into Puerto Rico were Germany, China and South Korea, with a combined 31% share of total imports.
In value terms, the largest tools for bearing supplying countries from Puerto Rico were China, Germany and Japan, together accounting for 51% of total exports. These countries were followed by Italy, the United States, Poland, Spain, the Netherlands, the UK, India, Slovakia, France and Hungary, which together accounted for a further 35%.
The export price in Puerto Rico stood at less than $0.1 per ton in 2021, remaining relatively unchanged against the previous year.
The import price in Puerto Rico stood at less than $0.1 per ton in 2021, therefore, remained relatively stable against the previous year.

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

Data coverage:

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