Report Update Nov 1, 2024

Puerto Rico - Cylindrical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Cylindrical Roller Bearing Market 2022

Cylindrical Roller Bearing Market Size in Puerto Rico

The Puerto Rican cylindrical roller bearing market reduced to $X in 2021, waning by -7.8% against the previous year. In general, consumption saw a noticeable reduction. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Cylindrical Roller Bearing Production in Puerto Rico

In value terms, cylindrical roller bearing production declined to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt slump. The growth pace was the most rapid in 2015 when the production volume increased by 100%. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Cylindrical Roller Bearing Exports

Exports by Country

In 2021, Germany (X tons), distantly followed by China (X tons), Japan (X tons), Romania (X tons) and Slovakia (X tons) represented the key exporters of cylindrical roller bearings, together comprising 65% of total exports. Taiwan (Chinese) (X tons), Kazakhstan (X tons), Hong Kong SAR (X tons), Russia (X tons), Poland (X tons), France (X tons), Canada (X tons) and Italy (X tons) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Taiwan (Chinese) (with a CAGR of +47.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest cylindrical roller bearing supplier from Puerto Rico, comprising 30% of global exports. The second position in the ranking was held by Japan ($X), with a 12% share of global exports. It was followed by China, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value in Germany amounted to +1.0%. In the other countries, the average annual rates were as follows: Japan (-0.1% per year) and China (+6.1% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, almost unchanged from the previous year. In general, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.2%), while the other leaders experienced more modest paces of growth.

Cylindrical Roller Bearing Imports

Imports by Country

In 2021, China (X tons), distantly followed by Russia (X tons), Germany (X tons) and Spain (X tons) were the largest importers of cylindrical roller bearings, together comprising 50% of total imports. The United States (X tons), Italy (X tons), South Korea (X tons), Belgium (X tons), Mexico (X tons), Brazil (X tons), Thailand (X tons), Poland (X tons) and Turkey (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Spain (with a CAGR of +26.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported cylindrical roller bearings into Puerto Rico, comprising 24% of global imports. The second position in the ranking was held by Germany ($X), with an 11% share of global imports. It was followed by the United States, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value in China stood at +2.9%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+2.3% per year) and the United States (-2.8% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, almost unchanged from the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cylindrical roller bearings in the world?

The countries with the highest volumes of cylindrical roller bearing consumption in 2021 were South Africa, China and India, together accounting for 47% of global consumption. Russia, the United States, Brazil, Spain, Romania, Mexico, Japan, Italy and Germany lagged somewhat behind, together comprising a further 32%.

What are the largest producers of cylindrical roller bearings in the world?

The countries with the highest volumes of cylindrical roller bearing production in 2021 were China, Germany and Japan, with a combined 50% share of global production. These countries were followed by India, Romania, the United States, Brazil, Slovakia, Kazakhstan, Malaysia, Mexico, Canada and Italy, which together accounted for a further 43%.

What are the leading suppliers of cylindrical roller bearings to Puerto Rico?

In value terms, China, Germany and the United States appeared to be the countries with the highest levels of imports in 2021, together comprising 40% of total imports. These countries were followed by Spain, Italy, Russia, South Korea, Mexico, Brazil, Belgium and South Africa, which together accounted for a further 25%.

What are the leading importers of cylindrical roller bearings from Puerto Rico?

In value terms, Germany remains the largest cylindrical roller bearing supplier from Puerto Rico, comprising 30% of global exports. The second position in the ranking was occupied by Japan, with a 12% share of global exports. It was followed by the United States, with an 8.1% share.

What is the average export price for cylindrical roller bearings in Puerto Rico?

In 2021, the cylindrical roller bearing export price in Puerto Rico amounted to $less than 0.1 per ton, leveling off at the previous year.

What is the average import price for cylindrical roller bearings in Puerto Rico?

In 2021, the cylindrical roller bearing import price in Puerto Rico amounted to $less than 0.1 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the cylindrical roller bearing market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28151057 - Cylindrical roller bearings (excluding roller bearings, needle roller bearings)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023