Report Update: Nov 1, 2024

World - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Spherical roller bearing market

Spherical roller bearing market: enjoy recently published facts and figures secured by an Ai-driven BI tool. Datasets provide production, market prices, imports, market size, trade, consumption, exports, and companies. Here is a split by country, including Latin America, the Middle East, EU, Russia, China, Africa, the U.K., and the U.S. Market insights and forecast to 2030 are also provided in the reports.

Spherical Roller Bearing - World's Largest Markets

Rating	Country
1	China
2	United States
3	India
4	France
5	Russia

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

In China, the spherical roller bearing market expanded at an average annual rate of +22.1% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+5.8% per year) and India (+5.0% per year).

Spherical Roller Bearing Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Belarus	5719	6228	5368	-3.1%
Romania	11498	8650	8175	-15.7%
Czech Republic	10083	9267	9989	-0.5%
Japan	11984	12372	12547	2.3%
China	18167	12818	12683	-16.4%
Germany	16605	15445	14457	-6.7%
Sweden	17368	17886	16860	-1.5%
Malaysia	18167	17324	17267	-2.5%
Singapore	14742	14794	18261	11.3%
Belgium	22021	20456	18913	-7.3%
France	18201	19037	19444	3.4%
United States	20231	20434	20639	1.0%
United Kingdom	27202	27371	26977	-0.4%
Average	16465	15360	15298	-3.6%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the UK ($26,977 per ton), while Belarus ($5,368 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
United States	17067	16080	18989	5.5%
Singapore	16308	16080	17281	2.9%
Belgium	21564	18895	17261	-10.5%
Italy	16338	16247	16827	1.5%
India	16257	16080	16412	0.5%
France	16276	15012	14946	-4.2%
South Korea	13827	14326	14548	2.6%
China	16257	15171	14353	-6.0%
Brazil	16462	18640	13106	-10.8%
Germany	14710	14472	12879	-6.4%
Denmark	9833	11857	11471	8.0%
Turkey	15917	13154	11092	-16.5%
Russia	8424	8492	7183	-7.7%
Average	15832	14842	14746	-3.5%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($18,989 per ton), while Russia ($7,183 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Denmark, while the other global leaders experienced more modest paces of growth.

Spherical Roller Bearing - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	0.3	0.2	0.3	13.2%
Belgium	0.2	0.1	0.2	-14.0%
United States	0.2	0.2	0.2	-12.8%
Singapore	0.1	0.1	0.1	6.5%
Germany	0.1	0.1	0.1	-11.3%

In value terms, the largest spherical roller bearing importing markets worldwide were China ($325M), Belgium ($175M) and the United States ($175M), together accounting for 33% of global imports. These countries were followed by Singapore, Germany, India, France, South Korea, Denmark, Italy, Russia, Brazil and Turkey, which together accounted for a further 35%.

In terms of the main importing countries, Denmark recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Spherical Roller Bearing - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Germany	0.3	0.3	0.4	5.9%
Sweden	0.3	0.3	0.3	4.5%
Japan	0.2	0.2	0.2	-5.2%
China	0.3	0.2	0.2	-16.0%
Belgium	0.2	0.2	0.1	-13.1%

In value terms, the largest spherical roller bearing supplying countries worldwide were Germany ($378M), Sweden ($328M) and Japan ($215M), together accounting for 45% of global exports. China, Belgium, Singapore, the United States, the UK, France, Romania, Malaysia, the Czech Republic and Belarus lagged somewhat behind, together comprising a further 43%.

Singapore (+195.7% per year) recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Spherical Roller Bearing - Market Forecast

The spherical roller bearing market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.5% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Spherical Roller Bearing - Top Companies

NTN CORPORATION, The Timken Company, CHENG DU NSK BEARING CO.,LTD, Schaeffler Group USA Inc., SKF GmbH, Forbo International SA, SKF INDUSTRIE SPA, Rbs Global, Inc., Rbc Bearings Incorporated, Kaydon Corporation, Nn, Inc., BELIMO Automation AG, OILES CORPORATION, NIPPON THOMPSON CO., LTD., Schaeffler Skalica, spol. s r.o., Roller Bearing Company of America, Inc., NAKANISHI METAL WORKS CO., LTD., SKF Österreich Aktiengesellschaft, SKF INDIA LIMITED, Tianma Bearing Group Co., Ltd.

Spherical Roller Bearing - Product Coverage

HS 848230 - Bearings; spherical roller bearings

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global spherical roller bearing market. 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 28151055 - Spherical roller bearings

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023