MERCOSUR: 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 MERCOSUR

The MERCOSUR market for bearing housings not incorporating ball or roller bearings, plain shaft bearings soared to $X in 2021, jumping by 23% against the previous year. In general, consumption enjoyed a resilient increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in MERCOSUR

In value terms, bearing housing without ball bearing production surged to $X in 2021 estimated in export price. Overall, production enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 33%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

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

Exports in MERCOSUR

In 2021, shipments 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 2012, thus ending a eight-year declining trend. Over the period under review, exports, however, continue to indicate a deep setback. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, bearing housing without ball bearing exports expanded notably to $X in 2021. Overall, exports, however, continue to indicate a deep downturn. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil prevails in exports structure, amounting to X tons, which was near 96% of total exports in 2021. Argentina (X tons) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the bearing housings not incorporating ball or roller bearings, plain shaft bearings exports, with a CAGR of -13.9% from 2012 to 2021. Argentina (-18.6%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest bearing housing without ball bearing supplier in MERCOSUR, comprising 91% of total exports. The second position in the ranking was taken by Argentina ($X), with a 2.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil stood at -7.4%.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, declining by -29.3% against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The growth pace was the most rapid in 2013 when the export price increased by 44%. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Brazil stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+7.6%).

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

Imports in MERCOSUR

After two years of decline, purchases abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 45% to X tons in 2021. The total import volume increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern 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.

In value terms, bearing housing without ball bearing imports surged to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Brazil was the major importer of bearing housings not incorporating ball or roller bearings, plain shaft bearings in MERCOSUR, with the volume of imports resulting at X tons, which was approx. 59% of total imports in 2021. Peru (X tons) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (9.6%), Chile (8.1%) and Colombia (6.5%). Ecuador (X tons) took a relatively small share of total imports.

Brazil was also the fastest-growing in terms of the bearing housings not incorporating ball or roller bearings, plain shaft bearings imports, with a CAGR of +5.2% from 2012 to 2021. At the same time, Peru (+4.9%) and Ecuador (+1.6%) displayed positive paces of growth. Colombia and Chile experienced a relatively flat trend pattern. By contrast, Argentina (-2.6%) illustrated a downward trend over the same period. Brazil (+12 p.p.) and Peru (+2 p.p.) significantly strengthened its position in terms of the total imports, while Colombia, Chile and Argentina saw its share reduced by -2.3%, -2.9% and -5.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported bearing housings not incorporating ball or roller bearings, plain shaft bearings in MERCOSUR, comprising 41% of total imports. The second position in the ranking was taken by Peru ($X), with a 15% share of total imports. It was followed by Chile, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil totaled +1.8%. In the other countries, the average annual rates were as follows: Peru (+4.7% per year) and Chile (+0.3% per year).

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, which is down by -3.9% against the previous year. In general, the import price recorded a slight decrease. The pace of growth appeared the most rapid in 2013 when the import price increased by 3.3%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+4.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform