Report U.S. - Ball Bearings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 10, 2022

U.S. - Ball Bearings - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Ball Bearing Market 2022

Ball Bearing Exports

Exports from the U.S.

In 2020, overseas shipments of ball bearings decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. As a result, the exports attained the peak of X tonnes. From 2012 to 2020, the growth of the exports remained at a lower figure.

In value terms, ball bearing exports contracted notably to $X in 2020. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tonnes), Mexico (X tonnes) and Germany (X tonnes) were the main destinations of ball bearing exports from the United States, with a combined X% share of total exports. China, Japan, Brazil, the UK, South Korea, France, Singapore, Italy, Taiwan (Chinese) and Belgium lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Belgium (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ball bearing exported from the United States were Mexico ($X), Canada ($X) and China ($X), together comprising X% of total exports. Germany, Japan, the UK, South Korea, Singapore, Brazil, France, Taiwan (Chinese), Belgium and Italy lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ball bearing export price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012 an increase of X% against the previous year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($X per tonne), while the average price for exports to Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Bearing Imports

Imports into the U.S.

In 2020, purchases abroad of ball bearings decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Overall, total imports indicated a tangible increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain momentum.

In value terms, ball bearing imports reduced remarkably to $X in 2020. In general, total imports indicated a modest expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of ball bearing to the United States, with a X% share of total imports. Moreover, ball bearing imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tonnes), threefold. Mexico (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-X% per year) and Mexico (+X% per year).

In value terms, China ($X), Japan ($X) and Canada ($X) constituted the largest ball bearing suppliers to the United States, with a combined X% share of total imports. Germany, Mexico, South Korea and Italy lagged somewhat behind, together comprising a further X terms of the main suppliers, Italy, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ball bearing import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2010 to 2020, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for ball bearings in the world?
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China constituted the country with the largest volume of ball bearing consumption, accounting for 30% of total volume. Moreover, ball bearing consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with an 8.5% share.
What are the largest producers of ball bearings in the world?
+
China constituted the country with the largest volume of ball bearing production, comprising approx. 36% of total volume. Moreover, ball bearing production in China exceeded the figures recorded by the second-largest producer, India, threefold. Japan ranked third in terms of total production with a 10% share.
What are the leading suppliers of ball bearings to the U.S.?
+
In value terms, China, Japan and Canada appeared to be the largest ball bearing suppliers to the United States, with a combined 58% share of total imports. These countries were followed by Germany, Mexico, South Korea and Italy, which together accounted for a further 20%.
What are the leading importers of ball bearings from the U.S.?
+
In value terms, the largest markets for ball bearing exported from the United States were Mexico, Canada and China, together comprising 52% of total exports. Germany, Japan, the UK, South Korea, Singapore, Brazil, France, Taiwan Chinese), Belgium and Italy lagged somewhat behind, together accounting for a further 30%.
What is the average export price for ball bearings in the U.S.?
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The average ball bearing export price stood at $22,731 per tonne in 2020, increasing by 1.7% against the previous year.
What is the average import price for ball bearings in the U.S.?
+
The average ball bearing import price stood at $12,304 per tonne in 2020, shrinking by -7% against the previous year.

This report provides an in-depth analysis of the ball bearing market in the U.S.. 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 2025.


Product coverage:
• Prodcom 28151030 - Ball bearings
Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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