Italy - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBearing Price in Italy - 2023
Contents:
- Price Forecast for Ball and Roller Bearings in Italy till 2025
- Bearing Price in Italy (FOB) - 2023
- Bearing Price in Italy (CIF) - 2023
- Bearing Exports in Italy
- Bearing Imports in Italy
Price Forecast for Ball and Roller Bearings in Italy till 2025
Bearing Price in Italy (FOB) - 2023
The average bearing export price stood at $15.8 per kg in December 2022, increasing by 6.7% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 8.9% against the previous month. The export price peaked at $17.1 per kg in March 2022; however, from April 2022 to December 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was China ($31.6 per kg), while the average price for exports to Portugal ($7,304 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bearing Price in Italy (CIF) - 2023
In December 2022, the average bearing import price amounted to $15.7 per kg, with an increase of 5.8% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 17% month-to-month. Over the period under review, average import prices hit record highs in December 2022.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Germany ($23.4 per kg), while the price for India ($8,688 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Bearing Exports in Italy
In 2022, approx. 78K tons of ball and roller bearings were exported from Italy; with an increase of 5.1% against the previous year's figure. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year. Over the period under review, the exports hit record highs at 79K tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, bearing exports rose rapidly to $1.3B in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Ball and Roller Bearings in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Germany | 384 | 297 | -22.7% | ||
| France | 214 | 143 | -33.2% | ||
| United States | 95.0 | 85.7 | -9.8% | ||
| Belgium | 92.2 | 81.4 | -11.7% | ||
| China | 75.7 | 59.5 | -21.4% | ||
| United Kingdom | 35.6 | 54.1 | 52.0% | ||
| Spain | 77.4 | 48.0 | -38.0% | ||
| Sweden | 49.8 | 42.0 | -15.7% | ||
| Austria | 51.3 | 36.0 | -29.8% | ||
| Turkey | 26.8 | 31.9 | 19.0% | ||
| Poland | 35.3 | 28.7 | -18.7% | ||
| Czech Republic | 27.2 | 23.3 | -14.3% | ||
| Slovakia | 27.9 | 20.0 | -28.3% | ||
| Others | 66.0 | 61.0 | -7.6% | ||
| Total | 1,258 | 1,011 | -19.6% | ||
Top Export Markets for Ball and Roller Bearings from Italy in 2022:
- Germany (1.4K tons)
- France (0.7K tons)
- United States (0.4K tons)
- Belgium (0.4K tons)
- United Kingdom (0.3K tons)
- China (0.3K tons)
- Sweden (0.2K tons)
- Austria (0.2K tons)
- Spain (0.2K tons)
- Turkey (0.1K tons)
- Czech Republic (0.1K tons)
- Poland (0.1K tons)
- Slovakia (0.1K tons)
Bearing Imports in Italy
In 2022, the amount of ball and roller bearings imported into Italy was estimated at 79K tons, growing by 11% on 2021 figures. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, bearing imports rose significantly to $1.1B in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 32%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Ball and Roller Bearings in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Germany | 371 | 290 | -21.8% | ||
| China | 247 | 203 | -17.8% | ||
| France | 192 | 151 | -21.4% | ||
| Netherlands | 112 | 96.3 | -14.0% | ||
| Bulgaria | 61.2 | 58.0 | -5.2% | ||
| Belgium | 55.3 | 42.7 | -22.8% | ||
| United States | 39.0 | 27.6 | -29.2% | ||
| Sweden | 22.7 | 21.3 | -6.2% | ||
| India | 21.2 | 18.7 | -11.8% | ||
| Poland | 18.9 | 17.6 | -6.9% | ||
| United Kingdom | 23.9 | 13.5 | -43.5% | ||
| Others | -204.3 | -167.7 | -17.9% | ||
| Total | 961 | 771 | -19.8% | ||
Top Suppliers of Ball and Roller Bearings to Italy in 2022:
- United States (undefinedK tons)
- Netherlands (undefinedK tons)
- Poland (undefinedK tons)
- India (undefinedK tons)
- France (undefinedK tons)
- United Kingdom (undefinedK tons)
- Sweden (undefinedK tons)
- Belgium (undefinedK tons)
- China (undefinedK tons)
- Bulgaria (undefinedK tons)
- Germany (0.1K tons)
This report provides an in-depth analysis of the bearing market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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This report provides an in-depth analysis of the bearing market in Italy.
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This report provides an in-depth analysis of the tapered roller bearing market in Italy.
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This report provides an in-depth analysis of the needle roller bearing market in Italy.
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This report provides an in-depth analysis of the ball bearing market in Italy.
242
This report provides an in-depth analysis of the tools for bearing market in Italy.
256
This report provides an in-depth analysis of the spherical roller bearing market in Italy.
275
This report provides an in-depth analysis of the cylindrical roller bearing market in Italy.
253
This report provides an in-depth analysis of the ball bearing parts market in Italy.
299
This report provides an in-depth analysis of the bearing market in Italy.
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This report provides an in-depth analysis of the roller bearing market in Italy.
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In June 2023, the price of Needle Roller Bearing was $36,079 per ton (CIF, Italy), experiencing a 12% increase compared to the previous month.
135
During the review period, Ball Bearing exports hit a peak of 69K tons in 2018, but failed to regain momentum from 2019 to 2023. In terms of value, exports decreased slightly to $848M in 2023.
404
Imports of the Cylindrical Roller Bearing witnessed a significant growth, reaching a value of $14M in September 2023.
331
Cylindrical Roller Bearing prices dropped by -12.7% in January 2023, to $23,225 per ton (CIF Italy).
139
The growth of Roller Bearing exports from 2018 to 2023 remained at a lower figure, reaching $110M in value terms in 2023.
207
Roller Bearing exports reached a peak of 4.2K tons in 2013 but experienced a decline from 2014 to 2023. By 2023, roller bearing exports were valued at $110M.
312
From June 2023 to October 2023, the growth of Roller Bearing exports remained at a slightly lower figure. In value terms, Roller Bearing exports decreased significantly to $4.4M in October 2023.
220
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.
23
The global market for tapered roller bearings is expected to experience steady growth over the next six years, driven by increasing demand worldwide. By 2030, market volume is projected to reach 880K tons, with a value of $11.9B.
190
Explore the top import markets for tapered roller bearings in 2023, including Germany, the United States, China, and more. Learn about the key players driving demand in the industry.
