Singapore - Bearing Housings not Incorporating Ball or Roller Bearings, Plain Shaft Bearings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSingapore: Market for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings 2024
Market Size for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Singapore
The Singaporean market for bearing housings not incorporating ball or roller bearings, plain shaft bearings soared to $X in 2021, increasing by 27% against the previous year. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Bearing housing without ball bearing consumption peaked in 2021 and is likely to continue growth in the immediate term.
Production of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Singapore
In value terms, bearing housing without ball bearing production expanded modestly to $X in 2021 estimated in export price. In general, production posted a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 63% against the previous year. Bearing housing without ball bearing production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.
Exports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings
Exports from Singapore
After two years of decline, overseas shipments of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 7.9% to X tons in 2021. In general, total exports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -16.3% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 49%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.
In value terms, bearing housing without ball bearing exports skyrocketed to $X in 2021. Over the period under review, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 50%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.
Exports by Country
Indonesia (X tons), Malaysia (X tons) and Australia (X tons) were the main destinations of bearing housing without ball bearing exports from Singapore, together accounting for 36% of total exports. These countries were followed by the United States, India, China, Thailand, Hong Kong SAR, South Korea, the Philippines, Japan, Vietnam and Brunei Darussalam, which together accounted for a further 51%.
From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +23.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Indonesia ($X), Malaysia ($X) and Australia ($X) constituted the largest markets for bearing housing without ball bearing exported from Singapore worldwide, together accounting for 36% of total exports. These countries were followed by the United States, India, China, Thailand, Hong Kong SAR, South Korea, the Philippines, Japan, Vietnam and Brunei Darussalam, which together accounted for a further 51%.
Among the main countries of destination, the United States, with a CAGR of +27.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $X per ton in 2021, rising by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +3.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to the Philippines ($X per ton) and Vietnam ($X per ton), while the average price for exports to Thailand ($X per ton) and South Korea ($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 Australia (+3.6%), 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 Singapore
After two years of decline, overseas purchases of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 14% to X tons in 2021. Overall, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of 82% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.
In value terms, bearing housing without ball bearing imports surged to $X in 2021. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 59%. Imports peaked in 2021 and are likely to see steady growth in years to come.
Imports by Country
The United States (X tons), China (X tons) and Germany (X tons) were the main suppliers of bearing housing without ball bearing imports to Singapore, with a combined 49% share of total imports. Japan, India, Sweden, France, Switzerland, the UK, Austria, South Korea, Italy and Malaysia lagged somewhat behind, together accounting for a further 39%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +64.9%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest bearing housing without ball bearing suppliers to Singapore were the United States ($X), China ($X) and Germany ($X), together accounting for 49% of total imports. These countries were followed by Japan, India, Sweden, France, Switzerland, the UK, Austria, South Korea, Italy and Malaysia, which together accounted for a further 39%.
In terms of the main suppliers, India, with a CAGR of +68.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $X per ton, with an increase of 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2020 when the average import price increased by 15%. The import price peaked in 2021 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Malaysia ($X per ton) and India ($X per ton), while the price for the UK ($X per ton) and France ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for bearing housing without ball bearing in Singapore. 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 28152350 - Bearing housings not incorporating ball or roller bearings, p lain shaft bearings
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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