Report Update Nov 1, 2024

Argentina - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Tapered Roller Bearing Market 2024

Tapered Roller Bearing Market Size in Argentina

After three years of decline, the Argentinian tapered roller bearing market increased by 36% to $X in 2021. Over the period under review, consumption, however, continues to indicate a slight descent. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Tapered Roller Bearing Exports

Exports from Argentina

In 2021, shipments abroad of tapered roller bearings decreased by -23.4% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a mild contraction. The pace of growth was the most pronounced in 2019 with an increase of 271%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, tapered roller bearing exports dropped notably to $X in 2021. Overall, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2019 when exports increased by 147% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for tapered roller bearing exports from Argentina, with a 97% share of total exports. It was followed by Chile (X tons), with a 1.7% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Brazil was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+21.1% per year) and the United States (-35.9% per year).

In value terms, Brazil ($X) remains the key foreign market for tapered roller bearings exports from Argentina, comprising 80% of total exports. The second position in the ranking was held by Chile ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Brazil totaled -6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+25.2% per year) and the United States (-30.4% per year).

Export Prices by Country

The average tapered roller bearing export price stood at $X per ton in 2021, declining by -21.1% against the previous year. In general, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of 29%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

Tapered Roller Bearing Imports

Imports into Argentina

In 2021, overseas purchases of tapered roller bearings increased by 36% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2015; afterwards, it flattened through to 2021.

In value terms, tapered roller bearing imports surged to $X in 2021. Overall, imports, however, continue to indicate a slight downturn. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Thailand (X tons) and Brazil (X tons) were the main suppliers of tapered roller bearing imports to Argentina, with a combined 72% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +17.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tapered roller bearing suppliers to Argentina were Thailand ($X), China ($X) and Brazil ($X), together accounting for 60% of total imports.

Among the main suppliers, Thailand, with a CAGR of +17.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average tapered roller bearing import price amounted to $X per ton, which is down by -1.9% against the previous year. In general, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 7.2% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tapered roller bearings in the world?

The country with the largest volume of tapered roller bearing consumption was South Africa, accounting for 42% of total volume. Moreover, tapered roller bearing consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, threefold. The United States ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of tapered roller bearings in the world?

The country with the largest volume of tapered roller bearing production was China, comprising approx. 31% of total volume. Moreover, tapered roller bearing production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. India ranked third in terms of total production with an 11% share.

What are the leading suppliers of tapered roller bearings to Argentina?

In value terms, Thailand, Brazil and Japan appeared to be the largest tapered roller bearing suppliers to Argentina, together comprising 47% of total imports. China, the United States, Germany and Slovakia lagged somewhat behind, together comprising a further 36%.

What are the leading importers of tapered roller bearings from Argentina?

In value terms, Brazil remains the key foreign market for tapered roller bearing exports from Argentina, comprising 63% of total exports. The second position in the ranking was occupied by the United States, with a 14% share of total exports. It was followed by Paraguay, with a 5.7% share.

What is the average export price for tapered roller bearings in Argentina?

In 2021, the average tapered roller bearing export price amounted to $5,750 per ton, waning by -27.9% against the previous year.

What is the average import price for tapered roller bearings in Argentina?

In 2021, the average tapered roller bearing import price amounted to $10,074 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the tapered roller bearing market in Argentina. 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 28151053 - Tapered roller bearings (including cone and tapered roller assemblies)

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023