Brazil - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBearing Price in Brazil - 2023
Contents:
- Price Forecast for Ball and Roller Bearings in Brazil till 2025
- Bearing Price in Brazil (CIF) - 2023
- Bearing Price in Brazil (FOB) - 2023
- Bearing Imports in Brazil
- Bearing Exports in Brazil
Price Forecast for Ball and Roller Bearings in Brazil till 2025
Bearing Price in Brazil (CIF) - 2023
In February 2023, the average bearing import price amounted to $11.6 per kg, picking up by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in April 2022 an increase of 23% against the previous month. The import price peaked in February 2023.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was the United States ($41.4 per kg), while the price for China ($5,768 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by India (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Bearing Price in Brazil (FOB) - 2023
The average bearing export price stood at $19.5 per kg in February 2023, surging by 12% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 33% against the previous month. Over the period under review, the average export prices reached the peak figure at $22.0 per kg in March 2022; however, from April 2022 to February 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($48.9 per kg), while the average price for exports to Bolivia ($7,342 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Bearing Imports in Brazil
In 2022, imports of ball and roller bearings into Brazil reached 84K tons, with an increase of 4.9% against 2021 figures. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 49%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, bearing imports rose rapidly to $794M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Ball and Roller Bearings in Brazil (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 147 | 139 | 247 | 303 | 27.3% |
United States | 81.1 | 67.9 | 86.3 | 105 | 9.0% |
Germany | 72.4 | 56.2 | 81.6 | 87.6 | 6.6% |
Japan | 66.5 | 49.6 | 66.1 | 86.4 | 9.1% |
France | 33.1 | 21.7 | 29.2 | 33.0 | -0.1% |
India | 12.9 | 8.3 | 18.8 | 27.2 | 28.2% |
Sweden | 15.0 | 12.8 | 25.5 | 27.1 | 21.8% |
Hong Kong SAR | 6.3 | 5.8 | 11.6 | 15.1 | 33.8% |
Argentina | 16.5 | 13.5 | 13.1 | 13.8 | -5.8% |
South Korea | 6.8 | 15.5 | 20.2 | 9.8 | 13.0% |
Others | 91.7 | 82.5 | 121 | 86.1 | -2.1% |
Total | 549 | 473 | 720 | 794 | 13.1% |
Top Suppliers of Ball and Roller Bearings to Brazil in 2022:
- China (53.3K tons)
- Japan (6.0K tons)
- Germany (4.6K tons)
- India (3.4K tons)
- United States (3.2K tons)
- Hong Kong SAR (2.1K tons)
- Sweden (1.6K tons)
- France (1.5K tons)
- South Korea (1.5K tons)
- Argentina (1.1K tons)
Bearing Exports in Brazil
In 2022, bearing exports from Brazil soared to 4.9K tons, with an increase of 25% on 2021 figures. Overall, exports, however, recorded a perceptible slump. Over the period under review, the exports hit record highs at 5.5K tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, bearing exports surged to $94M in 2022. In general, exports, however, saw a abrupt descent. Over the period under review, the exports reached the maximum at $123M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Ball and Roller Bearings in Brazil (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 39.9 | 23.1 | 14.3 | 19.6 | -21.1% |
Argentina | 13.8 | 8.9 | 12.0 | 16.4 | 5.9% |
Germany | 17.6 | 11.5 | 12.2 | 15.7 | -3.7% |
France | 13.2 | 10.0 | 8.6 | 9.2 | -11.3% |
Mexico | 3.4 | 2.7 | 4.0 | 5.4 | 16.7% |
Paraguay | 3.5 | 3.0 | 4.2 | 4.5 | 8.7% |
Colombia | 2.5 | 1.6 | 1.9 | 3.3 | 9.7% |
Chile | 2.5 | 1.8 | 2.7 | 2.8 | 3.8% |
Bolivia | 1.9 | 1.4 | 2.0 | 2.4 | 8.1% |
India | 2.9 | 2.0 | 1.7 | 2.3 | -7.4% |
Peru | 1.6 | 1.3 | 2.1 | 2.1 | 9.5% |
China | 3.9 | 1.2 | 2.1 | 2.0 | -20.0% |
South Africa | 0.5 | 0.4 | 0.5 | 1.6 | 47.4% |
Others | 15.5 | 9.5 | 9.1 | 6.5 | -25.1% |
Total | 123 | 78.3 | 77.3 | 93.7 | -8.7% |
Top Export Markets for Ball and Roller Bearings from Brazil in 2022:
- Argentina (1043.7 tons)
- United States (1013.9 tons)
- Germany (854.4 tons)
- France (301.7 tons)
- Mexico (275.5 tons)
- Paraguay (247.0 tons)
- Colombia (207.9 tons)
- Chile (149.0 tons)
- Bolivia (144.8 tons)
- India (129.2 tons)
- South Africa (115.9 tons)
- China (94.5 tons)
- Peru (91.5 tons)
This report provides an in-depth analysis of the bearing market in Brazil. 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
- Prodcom 28151053 - Tapered roller bearings (including cone and tapered roller assemblies)
- Prodcom 28151055 - Spherical roller bearings
- Prodcom 28151057 - Cylindrical roller bearings (excluding roller bearings, needle roller bearings)
- Prodcom 28151070 - Needle roller bearings
- Prodcom 28151090 - Roller bearings (including combined ball/roller bearings) (excluding tapered roller bearings, spherical roller bearings, n eedle roller bearings)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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
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In July 2023, the Bearing price reached $10,598 per ton (CIF, Brazil), showing a 2.3% increase compared to the previous month.
From April 2023 to October 2023, there was a slight increase in the imports of Tapered Roller Bearings, reaching a value of $12M in October 2023.
The price of Needle Roller Bearing in July 2023 was $20,934 per ton (CIF, Brazil), experiencing a decrease of 2.8% compared to the previous month.
The growth of imports for Spherical Roller Bearings from January 2023 to October 2023 did not gain momentum. The import value of Spherical Roller Bearings contracted to $5.2M in October 2023.
The import growth of Bearing reached its peak in March 2023, with a significant 21% month-on-month increase. In terms of value, the imports of Bearing decreased to $58M 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.
From April 2023 to October 2023, there was a slight increase in the imports of Tapered Roller Bearings, reaching a value of $12M in October 2023.
The price of Needle Roller Bearing in July 2023 was $20,934 per ton (CIF, Brazil), experiencing a decrease of 2.8% compared to the previous month.
The growth of imports for Spherical Roller Bearings from January 2023 to October 2023 did not gain momentum. The import value of Spherical Roller Bearings contracted to $5.2M in October 2023.
The import growth of Bearing reached its peak in March 2023, with a significant 21% month-on-month increase. In terms of value, the imports of Bearing decreased to $58M in September 2023.