Netherlands - Ball Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingJuly 2023 Sees Netherlands' Ball Bearing Export Decline by 9% to $47M
Netherlands Ball Bearing Exports
In July 2023, approximately 2.7K tons of ball bearings were exported from the Netherlands; almost unchanged from June 2023 figures. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 with an increase of 56% against the previous month.
In value terms, ball bearing exports shrank to $47M (IndexBox estimates) in July 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when exports increased by 43% m-o-m.
COUNTRY | Export Value of Ball Bearing in Netherlands (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
Germany | 13.8 | 15.7 | 13.3 | 13.7 | 13.8 | 10.4 | 14.6 | 17.4 | 14.9 | 12.4 | 14.4 | 12.8 | 12.6 |
Italy | 5.5 | 3.8 | 5.3 | 4.8 | 5.6 | 3.4 | 6.4 | 6.2 | 6.9 | 6.2 | 6.1 | 6.2 | 6.0 |
France | 5.7 | 5.6 | 5.9 | 5.3 | 6.4 | 4.1 | 6.6 | 5.5 | 7.9 | 5.5 | 7.8 | 5.6 | 5.6 |
Spain | 1.6 | 1.3 | 2.0 | 1.4 | 1.8 | 1.6 | 2.4 | 2.2 | 2.8 | 1.8 | 2.7 | 2.6 | 2.0 |
Poland | 1.6 | 1.5 | 1.5 | 1.3 | 2.0 | 1.3 | 1.6 | 1.5 | 1.9 | 1.5 | 1.5 | 2.0 | 1.7 |
Turkey | 1.4 | 1.9 | 1.9 | 1.5 | 1.6 | 1.5 | 2.2 | 1.5 | 1.8 | 1.4 | 0.8 | 1.5 | 1.3 |
Romania | 1.0 | 1.0 | 1.2 | 0.9 | 0.7 | 0.6 | 1.1 | 1.0 | 1.2 | 1.3 | 1.0 | 1.2 | 0.9 |
Others | 13.3 | 13.8 | 13.4 | 14.0 | 13.7 | 12.8 | 16.0 | 14.6 | 17.7 | 16.3 | 20.2 | 19.4 | 16.4 |
Total | 43.8 | 44.7 | 44.4 | 42.9 | 45.6 | 35.6 | 50.9 | 49.9 | 55.1 | 46.4 | 54.5 | 51.3 | 46.6 |
Exports by Country
In July 2023, Germany (922 tons), followed by France (438 tons), Italy (282 tons) and Spain (130 tons) were the major exporters of ball bearings, together generating 0.8% of total exports. The following exporters - Turkey (77,147 kg), Romania (70,618 kg) and Poland (110,112 kg) - each reached a 0.1% share of total exports.
Exports from Germany decreased at an average monthly rate of -1.0% from July 2022 to July 2023. At the same time, Spain (+1.5%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the world, with a CAGR of +1.5% from July 2022-July 2023. France, Poland, Turkey and Italy experienced a relatively flat trend pattern. By contrast, Romania (-2.2%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, Germany ($13M) remains the largest ball bearing supplier from the Netherlands, comprising 1.2% of global exports. The second position in the ranking was held by Italy ($6M), with a 0.6% share of global exports. It was followed by France, with a 0.5% share.
In Germany, ball bearing exports remained relatively stable over the period from July 2022 to July 2023. In the other countries, the average monthly rates were as follows: Italy (+0.7% per month) and France (-0.1% per month).
Export Prices by Country
In July 2023, the ball bearing price stood at $17,354 per ton (FOB, Netherlands), falling by -8.7% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the export price increased by 17% against the previous month. As a result, the export price attained the peak level of $19,437 per ton. From May 2023 to July 2023, the the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In July 2023, the country with the highest price was Hungary ($23,528 per ton), while Belgium ($10,633 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 Hungary (+2.2%), while the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the ball bearing market in the Netherlands. 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 28151030 - Ball bearings
Country coverage:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023