Asia-Pacific: Market for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings 2025

Market Size for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Asia-Pacific

The Asia-Pacific market for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $X in 2021, approximately reflecting the previous year. Over the period under review, consumption saw a prominent expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Asia-Pacific

In value terms, bearing housing without ball bearing production expanded modestly to $X in 2021 estimated in export price. In general, production posted a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 34%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Exports in Asia-Pacific

In 2021, shipments abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 67% to X tons, rising for the fifth consecutive year after two years of decline. In general, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, bearing housing without ball bearing exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the largest exporting country with an export of around X tons, which accounted for 60% of total exports. Japan (X tons) held a 20% share (based on physical terms) of total exports, which put it in second place, followed by Taiwan (Chinese) (5.7%) and South Korea (5.7%). Thailand (X tons) and India (X tons) held a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to bearing housing without ball bearing exports from China stood at +21.9%. At the same time, Thailand (+29.2%), India (+13.2%) and South Korea (+7.1%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +29.2% from 2012-2021. By contrast, Japan (-1.3%) and Taiwan (Chinese) (-2.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and Thailand increased by +39 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and India ($X) were the countries with the highest levels of exports in 2021, together comprising 83% of total exports.

Among the main exporting countries, India, with a CAGR of +19.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, with a decrease of -22.2% against the previous year. Overall, the export price recorded a abrupt descent. The growth pace was the most rapid in 2017 an increase of 3.6% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Imports in Asia-Pacific

In 2021, overseas purchases of bearing housings not incorporating ball or roller bearings, plain shaft bearings were finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bearing housing without ball bearing imports soared to $X in 2021. The total import value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the four major importers of bearing housings not incorporating ball or roller bearings, plain shaft bearings, namely China, Japan, South Korea and Thailand, represented more than half of total import. Vietnam (X tons) took the next position in the ranking, followed by Indonesia (X tons), India (X tons), Taiwan (Chinese) (X tons) and Australia (X tons). All these countries together took near 32% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +36.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported bearing housings not incorporating ball or roller bearings, plain shaft bearings in Asia-Pacific, comprising 30% of total imports. The second position in the ranking was taken by Japan ($X), with a 9.9% share of total imports. It was followed by India, with an 8.7% share.

In China, bearing housing without ball bearing imports expanded at an average annual rate of +3.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-0.5% per year) and India (+7.1% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, shrinking by -1.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2019 when the import price increased by 6.4% against the previous year. The level of import peaked at $X per ton in 2020, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+8.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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