Puerto Rico: Tapered Roller Bearing Market 2022

Tapered Roller Bearing Market Size in Puerto Rico

The Puerto Rican tapered roller bearing market amounted to less than $X in 2020, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a relatively flat trend pattern.

Tapered Roller Bearing Exports

Exports by Country

In 2021, China (X tons), distantly followed by Japan (X tons), Germany (X tons), South Africa (X tons), the United States (X tons), France (X tons) and Austria (X tons) represented the major exporters of tapered roller bearings, together generating X% of total exports. Romania (X tons), South Korea (X tons), India (X tons), Poland (X tons), the Netherlands (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by China (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest tapered roller bearing supplying countries from Puerto Rico were Germany ($X), China ($X) and Japan ($X), with a combined X% share of total exports. The United States, France, Romania, India, Austria, South Korea, Poland, the Netherlands, Hungary and South Africa lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, approximately mirroring the previous year. Overall, the export price saw a relatively flat trend pattern.

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

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

Tapered Roller Bearing Imports

Imports by Country

South Africa dominates imports structure, reaching X tons, which was approx. X% of total imports in 2021. The United States (X tons) took the second position in the ranking, followed by Germany (X tons). All these countries together took approx. X% share of total imports. China (X tons), Brazil (X tons), France (X tons), Mexico (X tons) and Italy (X tons) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to tapered roller bearing imports into South Africa stood at -X%. At the same time, China (+X%), Brazil (+X%), Mexico (+X%), Italy (+X%), France (+X%) and the United States (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. Germany experienced a relatively flat trend pattern. From 2012 to 2021, the share of the United States, China, Germany and Brazil increased by +X, +X, +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tapered roller bearing importing markets into Puerto Rico were China ($X), Germany ($X) and the United States ($X), together accounting for X% of total imports.

China, with a CAGR of +X%, recorded 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, remaining constant against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform