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

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

The CIS market for bearing housings incorporating ball or roller bearings reduced to $X in 2022, dropping by -8% against the previous year. In general, consumption, however, saw a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then fell in the following year.

Production of Bearing Housings Incorporating Ball Or Roller Bearings in CIS

In value terms, bearing housing with ball bearing production fell to $X in 2022 estimated in export price. In general, production, however, recorded a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 44% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Bearing Housings Incorporating Ball Or Roller Bearings

Exports in CIS

In 2022, exports of bearing housings incorporating ball or roller bearings in the CIS reached X tons, surging by 7.7% on the previous year. Overall, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 62%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, bearing housing with ball bearing exports surged to $X in 2022. Over the period under review, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 60%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

Russia was the major exporter of bearing housings incorporating ball or roller bearings in the CIS, with the volume of exports resulting at X tons, which was near 60% of total exports in 2022. Belarus (X tons) ranks second in terms of the total exports with a 25% share, followed by Kazakhstan (12%). Azerbaijan (X tons) followed a long way behind the leaders.

Exports from Russia increased at an average annual rate of +17.7% from 2012 to 2022. At the same time, Azerbaijan (+70.5%), Kazakhstan (+63.9%) and Belarus (+2.0%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +70.5% from 2012-2022. Russia (+24 p.p.), Kazakhstan (+11 p.p.) and Azerbaijan (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by -37.4% from 2012 to 2022, respectively.

In value terms, the largest bearing housing with ball bearing supplying countries in the CIS were Russia ($X), Belarus ($X) and Kazakhstan ($X), with a combined 96% share of total exports. These countries were followed by Azerbaijan, which accounted for a further 0.7%.

Azerbaijan, with a CAGR of +62.6%, saw 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 leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, surging by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2014 an increase of 38% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, 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 Belarus ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+8.1%), while the other leaders experienced a decline in the export price figures.

Imports of Bearing Housings Incorporating Ball Or Roller Bearings

Imports in CIS

In 2022, overseas purchases of bearing housings incorporating ball or roller bearings decreased by -0.9% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by 125%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, bearing housing with ball bearing imports fell to $X in 2022. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Russia (X tons) represented the key importer of bearing housings incorporating ball or roller bearings, achieving 80% of total imports. It was distantly followed by Belarus (X tons), achieving a 13% share of total imports. Kazakhstan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to bearing housing with ball bearing imports into Russia stood at +16.0%. At the same time, Kazakhstan (+27.6%) and Belarus (+5.9%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +27.6% from 2012-2022. Russia (+10 p.p.) and Kazakhstan (+2.9 p.p.) significantly strengthened its position in terms of the total imports, while Belarus saw its share reduced by -15.2% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported bearing housings incorporating ball or roller bearings in the CIS, comprising 77% of total imports. The second position in the ranking was taken by Belarus ($X), with a 12% share of total imports.

In Russia, bearing housing with ball bearing imports increased at an average annual rate of +11.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+7.0% per year) and Kazakhstan (+14.9% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, declining by -11.1% against the previous year. Overall, the import price recorded a perceptible reduction. The pace of growth was the most pronounced in 2018 when the import price increased by 57% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+1.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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