Chile: Market for Bearing Housings Incorporating Ball Or Roller Bearings 2025

Market Size for Bearing Housings Incorporating Ball Or Roller Bearings in Chile

In 2022, the Chilean market for bearing housings incorporating ball or roller bearings increased by 14% to $X, rising for the second consecutive year after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. Bearing housing with ball bearing consumption peaked in 2022 and is expected to retain growth in the near future.

Exports of Bearing Housings Incorporating Ball Or Roller Bearings

Exports from Chile

In 2022, the amount of bearing housings incorporating ball or roller bearings exported from Chile was estimated at X tons, leveling off at 2021. In general, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 when exports increased by 185%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, bearing housing with ball bearing exports contracted to $X in 2022. Overall, exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 206% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tons), Peru (X kg) and Belgium (X kg) were the main destinations of bearing housing with ball bearing exports from Chile, with a combined 75% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +2.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for bearing housing with ball bearing exported from Chile were Argentina ($X), Peru ($X) and Belgium ($X), together accounting for 75% of total exports.

Among the main countries of destination, Belgium, with a CAGR of +1.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for bearing housings incorporating ball or roller bearings stood at $X per ton in 2022, reducing by -13.8% against the previous year. Over the period under review, the export price recorded a slight curtailment. The growth pace was the most rapid in 2020 an increase of 32%. The export price peaked at $X per ton in 2021, and then reduced in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per ton) and the United States ($X per ton), while the average price for exports to Argentina ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+11.3%), while the prices for the other major destinations experienced a decline.

Imports of Bearing Housings Incorporating Ball Or Roller Bearings

Imports into Chile

In 2022, purchases abroad of bearing housings incorporating ball or roller bearings increased by 20% to X tons, rising for the second consecutive year after two years of decline. Overall, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 21%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, bearing housing with ball bearing imports rose rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 22% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), China (X tons) and Germany (X tons) were the main suppliers of bearing housing with ball bearing imports to Chile, with a combined 46% share of total imports. Finland, the Netherlands, Latvia, Sweden, Spain, Japan, Brazil, Taiwan (Chinese) and South Africa lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +2,847.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) constituted the largest bearing housing with ball bearing suppliers to Chile, together comprising 46% of total imports. Finland, the Netherlands, Latvia, Sweden, Spain, Japan, Brazil, Taiwan (Chinese) and South Africa lagged somewhat behind, together accounting for a further 27%.

Latvia, with a CAGR of +2,680.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for bearing housings incorporating ball or roller bearings amounted to $X per ton, dropping by -5.6% against the previous year. Over the period under review, the import price showed a pronounced decline. The growth pace was the most rapid in 2020 an increase of 13%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per ton) and the United States ($X per ton), while the price for South Africa ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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