Japan - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBearing Price in Japan - 2023
Contents:
- Price Forecast for Ball and Roller Bearings in Japan till 2025
- Bearing Price in Japan (FOB) - 2023
- Bearing Price in Japan (CIF) - 2023
- Bearing Exports in Japan
- Bearing Imports in Japan
Price Forecast for Ball and Roller Bearings in Japan till 2025
Bearing Price in Japan (FOB) - 2023
In February 2023, the average bearing export price amounted to $16.6 per kg, declining by -3.8% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 4.6% month-to-month. The export price peaked at $17.7 per kg in February 2022; however, from March 2022 to February 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In February 2023, the country with the highest price was France ($21.9 per kg), while the average price for exports to the United Arab Emirates ($11.0 per kg) 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 (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Bearing Price in Japan (CIF) - 2023
In February 2023, the average bearing import price amounted to $19.9 per kg, leveling off at the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 an increase of 26% against the previous month. As a result, import price attained the peak level of $24,172 per ton. From May 2022 to February 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($116 per kg), while the price for South Korea ($11.4 per kg) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by France (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Bearing Exports in Japan
In 2022, approx. 206K tons of ball and roller bearings were exported from Japan; rising by 2.2% against 2021 figures. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, bearing exports contracted to $3.4B in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. As a result, the exports reached the peak of $3.6B, and then fell in the following year.
| Export of Ball and Roller Bearings in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| China | 838 | 929 | 10.9% | ||
| United States | 786 | 597 | -24.0% | ||
| South Korea | 293 | 252 | -14.0% | ||
| Thailand | 304 | 220 | -27.6% | ||
| Germany | 231 | 150 | -35.1% | ||
| Netherlands | 183 | 148 | -19.1% | ||
| Singapore | 162 | 124 | -23.5% | ||
| Taiwan (Chinese) | 142 | 120 | -15.5% | ||
| Indonesia | 159 | 100 | -37.1% | ||
| France | 155 | 91.1 | -41.2% | ||
| Hong Kong SAR | 98.5 | 88.6 | -10.1% | ||
| Mexico | 113 | 78.2 | -30.8% | ||
| India | 121 | 77.7 | -35.8% | ||
| Others | -200.4 | -183.9 | -8.2% | ||
| Total | 3,385 | 2,792 | -17.5% | ||
Top Export Markets for Ball and Roller Bearings from Japan in 2022:
- China (3.9K tons)
- United States (2.5K tons)
- South Korea (1.1K tons)
- Thailand (0.9K tons)
- Netherlands (0.6K tons)
- Germany (0.6K tons)
- Taiwan (Chinese) (0.5K tons)
- Singapore (0.5K tons)
- Indonesia (0.4K tons)
- France (0.4K tons)
- Hong Kong SAR (0.4K tons)
- India (0.3K tons)
- Mexico (0.3K tons)
Bearing Imports in Japan
In 2022, approx. 30K tons of ball and roller bearings were imported into Japan; surging by 11% on 2021 figures. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, bearing imports reached $591M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 18%. Imports peaked at $606M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Ball and Roller Bearings in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| China | 244 | 188 | -23.0% | ||
| United States | 89.8 | 78.7 | -12.4% | ||
| South Korea | 75.8 | 59.7 | -21.2% | ||
| Vietnam | 56.8 | 53.0 | -6.7% | ||
| Indonesia | 58.3 | 47.4 | -18.7% | ||
| Germany | 46.8 | 41.7 | -10.9% | ||
| Thailand | 39.9 | 32.9 | -17.5% | ||
| France | 23.5 | 18.3 | -22.1% | ||
| Taiwan (Chinese) | 22.2 | 15.9 | -28.4% | ||
| Italy | 11.9 | 10.8 | -9.2% | ||
| India | 16.2 | 8.8 | -45.7% | ||
| Cambodia | 3.1 | 2.7 | -12.9% | ||
| Others | -82.2 | -57.8 | -29.7% | ||
| Total | 606 | 500 | -17.5% | ||
Top Suppliers of Ball and Roller Bearings to Japan in 2022:
- Italy (undefinedK tons)
- Taiwan (Chinese) (undefinedK tons)
- India (undefinedK tons)
- France (undefinedK tons)
- Thailand (undefinedK tons)
- China (0.2K tons)
- Indonesia (0.1K tons)
- Cambodia (0.1K tons)
- United States (0.1K tons)
- Vietnam (0.1K tons)
- Germany (0.1K tons)
- South Korea (0.1K tons)
This report provides an in-depth analysis of the bearing market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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 Japan.
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This report provides an in-depth analysis of the tapered roller bearing market in Japan.
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This report provides an in-depth analysis of the needle roller bearing market in Japan.
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This report provides an in-depth analysis of the ball bearing market in Japan.
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This report provides an in-depth analysis of the tools for bearing market in Japan.
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This report provides an in-depth analysis of the spherical roller bearing market in Japan.
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This report provides an in-depth analysis of the cylindrical roller bearing market in Japan.
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This report provides an in-depth analysis of the ball bearing parts market in Japan.
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This report provides an in-depth analysis of the bearing market in Japan.
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This report provides an in-depth analysis of the roller bearing market in Japan.
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Exports of Tapered Roller Bearings decreased to $45M in July 2023 in terms of value.
179
In April 2023, the price of Ball Bearing reached $16,816 per ton (FOB, Japan), experiencing a decrease of -3.5% compared to the previous month.
268
In February 2023, the spherical roller bearing price amounted to $12,597 per ton (FOB, Japan), almost unchanged from the previous month.
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Exports of Tapered Roller Bearings decreased to $45M in July 2023 in terms of value.
179
In April 2023, the price of Ball Bearing reached $16,816 per ton (FOB, Japan), experiencing a decrease of -3.5% compared to the previous month.
268
In February 2023, the spherical roller bearing price amounted to $12,597 per ton (FOB, Japan), almost unchanged from the previous month.
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