Spain: Cylindrical Roller Bearing Market 2024

Cylindrical Roller Bearing Market Size in Spain

The Spanish cylindrical roller bearing market contracted remarkably to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, continues to indicate a resilient increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Cylindrical Roller Bearing Production in Spain

In value terms, cylindrical roller bearing production soared to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Cylindrical Roller Bearing Exports

Exports from Spain

After two years of decline, overseas shipments of cylindrical roller bearings increased by X% to X tons in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The Spain exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, cylindrical roller bearing exports surged to $X in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Germany (X tons), China (X tons) and Japan (X tons) was the key exporter of cylindrical roller bearings in the world, comprising X% of total export. Romania (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Slovakia (X%). Kazakhstan (X tons), Canada (X tons), Hong Kong SAR (X tons), Poland (X tons), France (X tons), Italy (X tons), India (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest cylindrical roller bearing supplier from Spain, comprising X% of global exports. The second position in the ranking was taken by Japan ($X), with an X% share of global exports. It was followed by China, with an X% share.

In Germany, cylindrical roller bearing exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and China (X% per year).

Export Prices by Country

The export price in Spain stood at $X per ton in 2022, reducing by X% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cylindrical roller bearing export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Cylindrical Roller Bearing Imports

Imports into Spain

In 2022, overseas purchases of cylindrical roller bearings decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cylindrical roller bearing imports contracted sharply to $X in 2022. In general, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Russia (X tons) and Germany (X tons) represented roughly X% of total imports in 2022. It was distantly followed by the United States (X tons), constituting a X% share of total imports. Mexico (X tons), Italy (X tons), Brazil (X tons), Thailand (X tons), South Korea (X tons), Belgium (X tons), Turkey (X tons), the Czech Republic (X tons) and Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cylindrical roller bearing importing markets into Spain were China ($X), Germany ($X) and the United States ($X), with a combined X% share of total imports. Russia, Mexico, Italy, Brazil, South Korea, Belgium, Turkey, Indonesia, the Czech Republic and Thailand lagged somewhat behind, together accounting for a further X%.

Thailand, with a CAGR of X%, 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 2022, the import price in Spain amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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