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Report World - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights

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Global Spherical Roller Bearing Market 2024

Spherical Roller Bearing Market Size

The global spherical roller bearing market rose markedly to $X in 2021, increasing by 5.4% against the previous year. Overall, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +61.7% against 2016 indices. Over the period under review, the global market hit record highs in 2021 and is expected to retain growth in the immediate term.

Spherical Roller Bearing Production

In value terms, spherical roller bearing production declined to $X in 2021 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +60.1% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 29% against the previous year. Global production peaked at $X in 2020, and then reduced in the following year.

Spherical Roller Bearing Exports

Exports

In 2021, overseas shipments of spherical roller bearings increased by 10% to X tons, rising for the fifth year in a row after two years of decline. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, spherical roller bearing exports reached $X in 2021. Overall, exports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 11% against the previous year. The global exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from China (X tons), Germany (X tons), Sweden (X tons) and Japan (X tons), together reaching 65% of total export. It was distantly followed by Belgium (X tons), generating a 5.2% share of total exports. Singapore (X tons), Romania (X tons), Malaysia (X tons), France (X tons) and the Czech Republic (X tons) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by China (with a CAGR of +15.8%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest spherical roller bearing supplying countries worldwide were Germany ($X), Sweden ($X) and China ($X), together accounting for 47% of global exports. These countries were followed by Japan, Belgium, Singapore, France, Malaysia, Romania and the Czech Republic, which together accounted for a further 34%.

Malaysia, with a CAGR of +7.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average spherical roller bearing export price amounted to $X per ton, reducing by -1.7% against the previous year. Overall, the export price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 5.1% against the previous year. The global export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was France ($X per ton), while China ($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 (+1.1%), while the other global leaders experienced a decline in the export price figures.

Spherical Roller Bearing Imports

Imports

In 2021, the amount of spherical roller bearings imported worldwide surged to X tons, jumping by 17% compared with 2020. The total import volume increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, spherical roller bearing imports reached $X in 2021. Overall, imports, however, showed a mild contraction. Global imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) and Belgium (X tons) were the main importers of spherical roller bearingsacross the globe, together making up 22% of total imports. Denmark (X tons) ranks next in terms of the total imports with a 5.9% share, followed by Germany (5.6%), India (4.8%) and the United States (4.5%). Russia (X tons), France (X tons), South Korea (X tons), Brazil (X tons), Singapore (X tons), Italy (X tons) and Turkey (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +10.8%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest spherical roller bearing importing markets worldwide were China ($X), Belgium ($X) and the United States ($X), together accounting for 29% of global imports. India, Germany, Singapore, France, Denmark, South Korea, Brazil, Italy, Russia and Turkey lagged somewhat behind, together accounting for a further 38%.

Denmark, with a CAGR of +6.6%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average spherical roller bearing import price amounted to $X per ton, shrinking by -3.1% against the previous year. Overall, the import price saw a pronounced setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 7.1%. Global import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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 the United States (+1.7%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of spherical roller bearing consumption was China, accounting for 24% of total volume. Moreover, spherical roller bearing consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.1% share.
The countries with the highest volumes of in 2021 were China, Japan and the United States, with a combined 41% share of global production. Sweden, Germany, India, Romania, South Africa, Russia, France, Malaysia and the UK lagged somewhat behind, together comprising a further 45%.
In value terms, the largest spherical roller bearing supplying countries worldwide were Germany, Sweden and Japan, together accounting for 54% of global exports. These countries were followed by Belgium, the United States, France, Malaysia, Romania, the Netherlands, Italy, the Czech Republic, Belarus and South Africa, which together accounted for a further 33%.
In value terms, the largest spherical roller bearing importing markets worldwide were China, Belgium and the United States, together comprising 29% of global imports. These countries were followed by India, Germany, Singapore, France, Denmark, Italy, Brazil, South Korea, Russia and Poland, which together accounted for a further 38%.
The average spherical roller bearing export price stood at $15,052 per ton in 2021, remaining stable against the previous year.
The average spherical roller bearing import price stood at $14,821 per ton in 2021, picking up by 1.7% against the previous year.

This report provides an in-depth analysis of the global spherical roller bearing market. 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 28151055 - Spherical roller bearings

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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