United Kingdom - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBearing Price in the UK - 2023
Contents:
- Price Forecast for Ball and Roller Bearings in the United Kingdom till 2025
- Bearing Price in the UK (CIF) - 2023
- Bearing Price in the UK (FOB) - 2023
- Bearing Imports in the UK
- Bearing Exports in the UK
Price Forecast for Ball and Roller Bearings in the United Kingdom till 2025
Bearing Price in the UK (CIF) - 2023
The average bearing import price stood at $27.4 per kg in December 2022, increasing by 3.6% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in September 2022 when the average import price increased by 24% against the previous month. The import price peaked 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 the United States ($76.9 per kg), while the price for Poland ($9,320 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 South Korea (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Bearing Price in the UK (FOB) - 2023
In December 2022, the average bearing export price amounted to $33.3 per kg, growing by 7.6% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 26% month-to-month. The export price peaked at $36.7 per kg in April 2022; however, from May 2022 to December 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($121 per kg), while the average price for exports to Germany ($15.1 per kg) 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 France (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Bearing Imports in the UK
In 2022, bearing imports into the UK dropped markedly to 16K tons, reducing by -22% against 2021 figures. In general, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. Over the period under review, imports hit record highs at 22K tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, bearing imports reduced to $374M in 2022. Overall, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 24%. As a result, imports attained the peak of $428M, and then contracted in the following year.
| Import of Ball and Roller Bearings in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Germany | 133 | 105 | -21.1% | ||
| United States | 75.0 | 55.2 | -26.4% | ||
| Italy | 39.5 | 43.9 | 11.1% | ||
| France | 50.9 | 41.5 | -18.5% | ||
| Poland | 43.9 | 33.8 | -23.0% | ||
| Belgium | 33.0 | 29.1 | -11.8% | ||
| China | 33.2 | 26.6 | -19.9% | ||
| Japan | 39.5 | 25.3 | -35.9% | ||
| Netherlands | 36.0 | 22.5 | -37.5% | ||
| Others | -59.6 | -38.5 | -35.4% | ||
| Total | 424 | 345 | -18.6% | ||
Top Suppliers of Ball and Roller Bearings to the UK in 2022:
- Netherlands (undefinedK tons)
- Italy (undefinedK tons)
- Poland (undefinedK tons)
- France (undefinedK tons)
- United States (undefinedK tons)
- China (undefinedK tons)
- Belgium (undefinedK tons)
- Japan (undefinedK tons)
- Germany (undefinedK tons)
Bearing Exports in the UK
In 2022, bearing exports from the UK was estimated at 13K tons, surging by 5.4% on the previous year. In general, exports, however, continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 7.2% against the previous year. Over the period under review, the exports attained the peak figure at 14K tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, bearing exports amounted to $400M in 2022. Over the period under review, exports, however, showed a abrupt descent. The exports peaked at $489M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Ball and Roller Bearings in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Belgium | 111 | 74.6 | -32.8% | ||
| Netherlands | 63.6 | 48.7 | -23.4% | ||
| Germany | 75.6 | 46.8 | -38.1% | ||
| United States | 48.1 | 44.6 | -7.3% | ||
| France | 28.1 | 22.9 | -18.5% | ||
| Hong Kong SAR | 18.4 | 19.0 | 3.3% | ||
| China | 14.6 | 16.0 | 9.6% | ||
| Italy | 20.2 | 15.8 | -21.8% | ||
| Ireland | 14.5 | 14.6 | 0.7% | ||
| Spain | 14.9 | 13.2 | -11.4% | ||
| Singapore | 22.3 | 11.0 | -50.7% | ||
| India | 21.7 | 10.9 | -49.8% | ||
| Czech Republic | 9.0 | 8.4 | -6.7% | ||
| Others | 26.6 | 22.9 | -13.9% | ||
| Total | 489 | 370 | -24.3% | ||
Top Export Markets for Ball and Roller Bearings from the UK in 2022:
- Belgium (315.9 tons)
- Netherlands (206.5 tons)
- Germany (198.5 tons)
- United States (189.1 tons)
- France (97.2 tons)
- Hong Kong SAR (80.5 tons)
- China (68.0 tons)
- Italy (66.9 tons)
- Ireland (62.0 tons)
- Spain (55.9 tons)
- Singapore (46.8 tons)
- India (46.0 tons)
- Czech Republic (35.6 tons)
This report provides an in-depth analysis of the bearing market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
434
This report provides an in-depth analysis of the bearing market in the UK.
244
This report provides an in-depth analysis of the tapered roller bearing market in the UK.
271
This report provides an in-depth analysis of the needle roller bearing market in the UK.
309
This report provides an in-depth analysis of the ball bearing market in the UK.
213
This report provides an in-depth analysis of the tools for bearing market in the UK.
229
This report provides an in-depth analysis of the spherical roller bearing market in the UK.
232
This report provides an in-depth analysis of the cylindrical roller bearing market in the UK.
247
This report provides an in-depth analysis of the ball bearing parts market in the UK.
277
This report provides an in-depth analysis of the bearing market in the UK.
331
This report provides an in-depth analysis of the roller bearing market in the UK.
217
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.
19
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.
186
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.
558
Explore the top import markets for ball bearings, including Germany, China, the United States, and more. Find key statistics and data on the global demand for ball bearings.
74
Learn about the projected growth of the spherical roller bearings market worldwide from 2024 to 2030, with an expected increase in market volume and value.
124
The global market for cylindrical roller bearings is expected to see continued growth in the next seven years, driven by increasing demand worldwide. Market performance is projected to expand with a CAGR of +0.7% in volume terms and +1.7% in value terms from 2023 to 2030.
286
Discover the leading import markets for cylindrical roller bearings and their impact on the global industry. From China to South Korea, learn about the key players driving the demand for these essential components.
148
Discover the top import markets for ball bearing parts and the key statistics behind these global trade trends.
940
Explore the top import markets for bearings, including China, Germany, and the United States. Discover key statistics and figures that highlight the growth and demand in this thriving industry.
3536
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,...
