Spain - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBearing Price in Spain - 2023
Contents:
- Price Forecast for Ball and Roller Bearings in Spain till 2025
- Bearing Price in Spain (CIF) - 2023
- Bearing Price in Spain (FOB) - 2023
- Bearing Imports in Spain
- Bearing Exports in Spain
Price Forecast for Ball and Roller Bearings in Spain till 2025
Bearing Price in Spain (CIF) - 2023
In December 2022, the average bearing import price amounted to $11.4 per kg, growing by 6% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in February 2022 an increase of 29% against the previous month. As a result, import price attained the peak level of $12,419 per ton. From March 2022 to December 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($20.4 per kg), while the price for India ($6,163 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 France (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Bearing Price in Spain (FOB) - 2023
The average bearing export price stood at $8,690 per ton in December 2022, declining by -15.1% against the previous month. Overall, the export price recorded a slight decrease. The growth pace was the most rapid in September 2022 an increase of 64% against the previous month. Over the period under review, the average export prices reached the peak figure at $11.5 per kg in March 2022; however, from April 2022 to December 2022, the export prices stood at a somewhat 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 Turkey ($12.6 per kg), while the average price for exports to Germany ($4,939 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 the Netherlands (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Bearing Imports in Spain
After three years of growth, overseas purchases of ball and roller bearings decreased by -10.5% to 43K tons in 2022. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 12%. As a result, imports reached the peak of 48K tons, and then fell in the following year.
In value terms, bearing imports shrank modestly to $492M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Over the period under review, imports reached the peak figure at $510M in 2021, and then declined slightly in the following year.
| Import of Ball and Roller Bearings in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Germany | 122 | 266 | 118.0% | ||
| France | 89.0 | 71.5 | -19.7% | ||
| Netherlands | 28.3 | 43.1 | 52.3% | ||
| Italy | 42.9 | 41.7 | -2.8% | ||
| China | 50.2 | 38.9 | -22.5% | ||
| Belgium | 6.6 | 16.9 | 156.1% | ||
| Czech Republic | 14.2 | 9.4 | -33.8% | ||
| Japan | 16.8 | 6.6 | -60.7% | ||
| Romania | 37.2 | 5.4 | -85.5% | ||
| Others | 0.5 | -19.0 | -3900.0% | ||
| Total | 408 | 481 | 17.9% | ||
Top Suppliers of Ball and Roller Bearings to Spain in 2022:
- Romania (undefinedK tons)
- Czech Republic (undefinedK tons)
- Japan (undefinedK tons)
- Belgium (undefinedK tons)
- Germany (0.4K tons)
- Netherlands (0.1K tons)
- Italy (0.1K tons)
- France (0.1K tons)
- China (0.1K tons)
Bearing Exports in Spain
In 2022, approx. 23K tons of ball and roller bearings were exported from Spain; with an increase of 18% against 2021 figures. The total export volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, bearing exports skyrocketed to $229M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ball and Roller Bearings in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Germany | 89.5 | 74.5 | -16.8% | ||
| France | 48.1 | 35.9 | -25.4% | ||
| Portugal | 14.9 | 23.7 | 59.1% | ||
| Denmark | 20.1 | 19.0 | -5.5% | ||
| Mexico | 18.0 | 18.6 | 3.3% | ||
| Italy | 15.3 | 18.1 | 18.3% | ||
| United States | 18.4 | 15.2 | -17.4% | ||
| Slovakia | 0.3 | 10.8 | 3500.0% | ||
| Morocco | 4.9 | 6.8 | 38.8% | ||
| Czech Republic | 3.3 | 6.7 | 103.0% | ||
| Sweden | 4.9 | 6.6 | 34.7% | ||
| Brazil | 4.5 | 4.8 | 6.7% | ||
| India | 7.5 | 4.4 | -41.3% | ||
| Others | -39.0 | -48.7 | 24.9% | ||
| Total | 211 | 196 | -7.1% | ||
Top Export Markets for Ball and Roller Bearings from Spain in 2022:
- Brazil (undefinedK tons)
- Italy (undefinedK tons)
- Czech Republic (undefinedK tons)
- Portugal (undefinedK tons)
- Mexico (undefinedK tons)
- Denmark (undefinedK tons)
- India (undefinedK tons)
- France (undefinedK tons)
- United States (undefinedK tons)
- Morocco (undefinedK tons)
- Sweden (undefinedK tons)
- Germany (undefinedK tons)
- Slovakia (undefinedK tons)
This report provides an in-depth analysis of the bearing market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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This report provides an in-depth analysis of the bearing market in Spain.
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This report provides an in-depth analysis of the tapered roller bearing market in Spain.
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This report provides an in-depth analysis of the needle roller bearing market in Spain.
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This report provides an in-depth analysis of the ball bearing market in Spain.
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This report provides an in-depth analysis of the tools for bearing market in Spain.
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This report provides an in-depth analysis of the spherical roller bearing market in Spain.
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This report provides an in-depth analysis of the cylindrical roller bearing market in Spain.
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This report provides an in-depth analysis of the bearing market in Spain.
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This report provides an in-depth analysis of the roller bearing market in Spain.
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As of April 2023, the cost of Cylindrical Roller Bearings in Spain was $19,839 per ton (CIF), marking a 6% increase from the previous month.
131
From April 2023 to September 2023, the import growth of Bearing remained at a slightly lower figure. The value of Bearing imports surged to $36M in September 2023.
237
As of April 2023, the cost of Cylindrical Roller Bearings in Spain was $19,839 per ton (CIF), marking a 6% increase from the previous month.
131
From April 2023 to September 2023, the import growth of Bearing remained at a slightly lower figure. The value of Bearing imports surged to $36M in September 2023.
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In value terms, candles and tapers imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consistent,...
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In value terms, candles and tapers exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained consistent, with so...
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In 2016, approx. X tons of bearing were imported worldwide- standing approx. at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
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In 2016, approx. X tons of bearing were imported worldwide- standing approx. at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
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Germany continued to dominate in the global ball or roller bearing trade. In 2014, Germany exported X thousand tons of ball or roller bearings totaling X million USD, X% over the previous year. Its primary trading partner was China, where it su
