South-Eastern Asia: 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 South-Eastern Asia

After two years of decline, the Southeast Asian market for bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 23% to $X in 2021. Over the period under review, consumption posted prominent growth. The level of consumption peaked 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 South-Eastern Asia

In value terms, bearing housing without ball bearing production rose sharply to $X in 2021 estimated in export price. In general, production enjoyed resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of 45% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

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

Exports in South-Eastern Asia

Bearing housing without ball bearing exports skyrocketed to X tons in 2021, growing by 40% against 2020 figures. In general, exports recorded a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, bearing housing without ball bearing exports skyrocketed to $X in 2021. Total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by 40%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

In 2021, Thailand (X tons) represented the major exporter of bearing housings not incorporating ball or roller bearings, plain shaft bearings, achieving 56% of total exports. Singapore (X tons) held the second position in the ranking, distantly followed by Indonesia (X tons). All these countries together took near 34% share of total exports. Vietnam (X tons), Malaysia (X tons) and the Philippines (X tons) held a little share of total exports.

Thailand 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 +29.2% from 2012 to 2021. At the same time, the Philippines (+9.1%), Singapore (+4.6%) and Indonesia (+3.8%) displayed positive paces of growth. By contrast, Vietnam (-2.7%) and Malaysia (-4.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Thailand increased by +42 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest bearing housing without ball bearing supplier in South-Eastern Asia, comprising 55% of total exports. The second position in the ranking was held by Thailand ($X), with a 19% share of total exports. It was followed by Vietnam, with a 9.6% share.

In Singapore, bearing housing without ball bearing exports increased at an average annual rate of +8.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+6.5% per year) and Vietnam (+13.6% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, reducing by -11.9% against the previous year. In general, the export price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2017 an increase of 7.5%. The level of export peaked at $X per ton in 2013; however, from 2014 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 Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+16.8%), while the other leaders experienced more modest paces of growth.

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

Imports in South-Eastern Asia

After two years of decline, supplies from abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 57% to X tons in 2021. In general, imports posted a strong expansion. As a result, imports attained 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. Overall, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Thailand (X tons), distantly followed by Vietnam (X tons), Indonesia (X tons), Singapore (X tons), Malaysia (X tons) and the Philippines (X tons) represented the key importers of bearing housings not incorporating ball or roller bearings, plain shaft bearings, together generating 99% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Vietnam (with a CAGR of +36.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bearing housing without ball bearing importing markets in South-Eastern Asia were Singapore ($X), Indonesia ($X) and Vietnam ($X), together comprising 63% of total imports.

Vietnam, with a CAGR of +20.3%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, falling by -11.2% against the previous year. In general, the import price showed a noticeable contraction. The pace of growth appeared the most rapid in 2019 an increase of 8%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+8.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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