New Zealand: 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 New Zealand

After two years of decline, the New Zealand market for bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 19% to $X in 2021. Overall, consumption continues to indicate a buoyant expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

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

In value terms, bearing housing without ball bearing production surged to $X in 2021 estimated in export price. In general, production showed a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 229%. 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 from New Zealand

In 2021, approx. X tons of bearing housings not incorporating ball or roller bearings, plain shaft bearings were exported from New Zealand; surging by 136% against the previous year. In general, exports, however, showed a abrupt curtailment. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, bearing housing without ball bearing exports surged to $X in 2021. Overall, exports showed a moderate expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for bearing housing without ball bearing exports from New Zealand, accounting for a 43% share of total exports. Moreover, bearing housing without ball bearing exports to China exceeded the volume sent to the second major destination, the United States (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to China stood at +146.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-12.1% per year) and Germany (+10.1% per year).

In value terms, China ($X) emerged as the key foreign market for bearing housings not incorporating ball or roller bearings, plain shaft bearings exports from New Zealand, comprising 43% of total exports. The second position in the ranking was held by the United States ($X), with a 17% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to China stood at +146.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-7.3% per year) and Germany (+25.9% per year).

Export Prices by Country

The average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $X per ton in 2021, jumping by 15% against the previous year. Over the period under review, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2017 an increase of 26% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Indonesia ($X per ton) and India ($X per ton), while the average price for exports to Canada ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into New Zealand

In 2021, supplies from abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings decreased by -10.2% to X tons, falling for the third year in a row after three years of growth. Over the period under review, imports, however, posted a mild increase. The growth pace was the most rapid in 2018 when imports increased by 72%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, bearing housing without ball bearing imports rose remarkably to $X in 2021. Overall, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +85.3% against 2015 indices. The pace of growth was the most pronounced in 2018 with an increase of 50%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of bearing housing without ball bearing to New Zealand, with a 28% share of total imports. Moreover, bearing housing without ball bearing imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+22.0% per year) and Germany (+8.2% per year).

In value terms, the United States ($X) constituted the largest supplier of bearing housings not incorporating ball or roller bearings, plain shaft bearings to New Zealand, comprising 25% of total imports. The second position in the ranking was held by the UK ($X), with a 10% share of total imports. It was followed by China, with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+20.8% per year) and China (+8.5% per year).

Import Prices by Country

In 2021, the average import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $X per ton, picking up by 23% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, bearing housing without ball bearing import price increased by +84.6% against 2018 indices. The pace of growth appeared the most rapid in 2020 an increase of 23%. The import price peaked in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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