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Smiths Group is considering moving its listing to the US as part of a strategic break-up plan after pressure from activist hedge fund Engine Capital.
RBC Bearings exceeds Q4 2024 revenue expectations with $394.4 million, forecasts continued growth, driven by strong Aerospace and Defense performance.
During the period analyzed, Bearing exports reached their peak in 2023 and are projected to continue growing steadily. The value of Bearing exports increased notably to $958 million in 2023.
Explore the top import markets for bearings and key statistics in the global market. Learn about the demand for bearings in countries like Germany, China, and the United States.
The Bearing exports reached a peak in 2023 and are expected to continue growing steadily. In terms of value, Bearing exports saw a slight decrease to $587M in 2023.
Over the period under review, Bearing exports reached a peak of 93K tons in 2015. From 2016 to 2023, the exports maintained a slightly lower level. In terms of value, Bearing exports amounted to $1.6B in 2023.
The Bearing industry experienced rapid growth in June 2023 with a 24% increase in exports compared to the previous month. However, by November 2023, the value of Bearing exports dropped to $212M.
The Bearing industry experienced a significant growth rate of 24% month-on-month in June 2023, but saw a decline in exports to $212 million in November 2023.
The Bearing industry experienced its highest growth rate in July 2023, with a significant increase of 35% compared to the previous month. In terms of value, imports of Bearings surged to $50M in September 2023.
In July 2023, the Bearing price reached $10,598 per ton (CIF, Brazil), showing a 2.3% increase compared to the previous month.
In terms of value, exports of Bearing decreased to $420M in June 2023.
In March 2023, the Bearing price was $27,575 per ton (FOB, Hong Kong), experiencing a 5.2% growth compared to the previous month.