Southern 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 Southern Asia

In 2021, after six years of growth, there was decline in the South Asian market for bearing housings not incorporating ball or roller bearings, plain shaft bearings, when its value decreased by -2.9% to $X. Over the period under review, consumption showed a buoyant expansion. The level of consumption peaked at $X in 2020, and then reduced in the following year.

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

In value terms, bearing housing without ball bearing production fell to $X in 2021 estimated in export price. In general, production showed buoyant growth. The pace of growth was the most pronounced in 2016 when the production volume increased by 29%. The level of production peaked at $X in 2020, and then declined slightly in the following year.

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

Exports in Southern Asia

After two years of decline, shipments abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 50% to X tons in 2021. In general, exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of 57%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, bearing housing without ball bearing exports skyrocketed to $X in 2021. Overall, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of 62%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

India (X tons) represented roughly 100% of total exports in 2021.

India 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 +13.2% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest bearing housing without ball bearing supplier in Southern Asia.

In India, bearing housing without ball bearing exports expanded at an average annual rate of +19.1% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, dropping by -6.3% against the previous year. Export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.2% 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 export price increased by +31.5% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 25%. The level of export peaked at $X per ton in 2020, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +5.2% per year.

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

Imports in Southern Asia

In 2021, overseas purchases of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 50% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports showed a resilient increase. 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 skyrocketed to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, 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.

Imports by Country

India was the main importer of bearing housings not incorporating ball or roller bearings, plain shaft bearings in Southern Asia, with the volume of imports recording X tons, which was near 76% of total imports in 2021. Pakistan (X tons) held a 16% share (based on physical terms) of total imports, which put it in second place, followed by Bangladesh (4.8%). Afghanistan (X tons) took a relatively small share of total imports.

Imports into India increased at an average annual rate of +8.7% from 2012 to 2021. At the same time, Bangladesh (+12.1%), Afghanistan (+7.7%) and Pakistan (+6.5%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +12.1% from 2012-2021. From 2012 to 2021, the share of India increased by +2.3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported bearing housings not incorporating ball or roller bearings, plain shaft bearings in Southern Asia, comprising 76% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 12% share of total imports. It was followed by Bangladesh, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India stood at +7.1%. In the other countries, the average annual rates were as follows: Pakistan (+0.9% per year) and Bangladesh (+16.6% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, reducing by -2% against the previous year. In general, the import price showed a slight reduction. The growth pace was the most rapid in 2013 when the import price increased by 6.8%. Over the period under review, import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a 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 Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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