Australia and Oceania: 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 Australia and Oceania

In 2021, the market for bearing housings not incorporating ball or roller bearings, plain shaft bearings in Australia and Oceania was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.5% against 2018 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Australia and Oceania

In value terms, bearing housing without ball bearing production surged to $X in 2021 estimated in export price. Overall, production saw buoyant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 229% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

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

Exports in Australia and Oceania

In 2021, bearing housing without ball bearing exports in Australia and Oceania skyrocketed to X tons, with an increase of 30% on the previous year. Overall, exports, however, saw a abrupt curtailment. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, bearing housing without ball bearing exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the two major exporters of bearing housings not incorporating ball or roller bearings, plain shaft bearings, namely New Zealand and Australia, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by New Zealand (with a CAGR of -6.4%).

In value terms, New Zealand ($X) and Australia ($X) constituted the countries with the highest levels of exports in 2021.

New Zealand, with a CAGR of +3.5%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, surging by 15% against the previous year. Over the period under review, the export price saw a strong increase. The pace of growth was the most pronounced in 2018 an increase of 44%. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+10.6%).

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

Imports in Australia and Oceania

In 2021, supplies from abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings was finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. In general, imports, however, saw a abrupt decline. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, bearing housing without ball bearing imports skyrocketed to $X in 2021. Total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia dominates imports structure, accounting for X tons, which was near 91% of total imports in 2021. It was distantly followed by New Zealand (X tons), achieving a 6.1% share of total imports.

Imports into Australia decreased at an average annual rate of -5.6% from 2012 to 2021. At the same time, New Zealand (+1.5%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +1.5% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +2.8 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported bearing housings not incorporating ball or roller bearings, plain shaft bearings in Australia and Oceania, comprising 85% of total imports. The second position in the ranking was held by New Zealand ($X), with a 9.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +2.4%.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, rising by 12% against the previous year. Overall, the import price enjoyed a resilient increase. The growth pace was the most rapid in 2017 an increase of 41% against the previous year. Over the period under review, import prices hit record highs in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+8.6%).

Source: IndexBox Platform

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