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Japan - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: May 23, 2023

Japan's Spherical Roller Bearing Price Reduces Slightly to $12.6 per kg

Japan Spherical Roller Bearing Export Price in February 2023

In February 2023, the spherical roller bearing price amounted to $12,597 per ton (FOB, Japan), almost unchanged from the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 10% m-o-m. the Japan export price peaked at $12,975 per ton in February 2022; however, from March 2022 to February 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In February 2023, the country with the highest price was Australia ($13,855 per ton), while Turkey ($7,949 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.1%), while the other leaders experienced more modest paces of growth.

COUNTRY	Export Price of Spherical Roller Bearing in Japan (USD per ton)
COUNTRY	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023
Australia	19,528	20,292	16,934	16,114	17,123	16,030	17,162	17,125	13,351	14,070	20,580	15,572	13,855
Germany	15,064	11,374	13,261	10,910	11,668	12,259	16,564	13,000	12,590	15,955	12,075	14,319	13,656
United States	13,985	14,437	13,154	13,803	13,730	14,080	14,515	13,573	13,242	14,382	13,783	14,567	13,505
Netherlands	11,327	11,564	11,176	10,279	11,153	11,599	11,668	10,810	11,145	12,820	13,607	12,744	12,953
China	12,598	11,793	11,577	11,209	11,004	10,635	9,705	9,911	10,244	9,731	12,512	12,010	12,736
Singapore	10,637	11,818	9,502	10,445	10,541	10,796	15,445	8,743	10,108	9,689	11,617	11,127	11,976
India	11,961	11,431	10,813	10,707	9,783	8,976	8,424	8,696	10,422	10,933	8,932	10,611	11,442
Brazil	11,923	12,227	12,637	13,084	13,437	12,431	12,720	12,188	10,734	12,209	11,285	10,866	11,158
Taiwan (Chinese)	12,180	12,451	12,054	11,513	11,784	10,858	12,787	9,790	10,336	9,427	10,869	12,690	11,138
South Korea	10,758	10,616	10,070	9,756	9,791	9,831	9,694	9,151	9,579	9,893	10,541	11,239	10,599
United Arab Emirates	9,398	8,588	11,237	10,124	7,431	9,688	8,127	7,122	8,949	8,976	11,182	8,838	8,492
Turkey	17,531	8,874	8,158	10,275	7,585	7,585	9,330	9,273	8,006	7,459	8,389	9,189	7,949
Average	12,975	12,757	12,249	12,188	11,900	11,806	11,621	11,376	11,548	11,729	12,959	12,680	12,597

Japan Spherical Roller Bearing Exports

After two months of decline, overseas shipments of spherical roller bearings increased by 8.1% to 1.3K tons in February 2023. Overall, exports, however, saw a slight contraction. The pace of growth was the most pronounced in June 2022 with an increase of 34% month-to-month. As a result, the exports attained the peak of 1.8K tons. From July 2022 to February 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, spherical roller bearing exports expanded rapidly to $16M (IndexBox estimates) in February 2023. In general, exports, however, showed a mild reduction. The growth pace was the most rapid in June 2022 when exports increased by 31% month-to-month. As a result, the exports attained the peak of $22M. From July 2022 to February 2023, the growth of the exports remained at a lower figure.

Japan Spherical Roller Bearing Exports by Country

In February 2023, China (313 tons), followed by the United States (188,281 kg), South Korea (158,319 kg), India (99,919 kg), Germany (97,503 kg) and Brazil (73,924 kg) were the key exporters of spherical roller bearings, together mixing up 8.4% of total exports. The following exporters - the Netherlands (50,060 kg), Singapore (43,208 kg), Taiwan (Chinese) (37,285 kg), Turkey (35,001 kg), Australia (29,392 kg) and the United Arab Emirates (23,264 kg) - each resulted at a 2% share of total exports.

From February 2022 to February 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Turkey (with a CAGR of +12.2%), while the other leaders experienced more modest paces of growth.

In value terms, China ($4M), the United States ($2.5M) and South Korea ($1.7M) appeared to be the countries with the highest levels of exports in February 2023, together accounting for 4.8% of total exports. Germany, India, Brazil, the Netherlands, Singapore, Taiwan (Chinese), Australia, Turkey and the United Arab Emirates lagged somewhat behind, together accounting for a further 3.4%.

Among the main exporting countries, Turkey, with a CAGR of +5.0%, saw 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.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spherical roller bearing market in Japan. 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:

Japan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Japan
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

Japan - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

Japan's Spherical Roller Bearing Price Reduces Slightly to $12.6 per kg

Japan Spherical Roller Bearing Export Price in February 2023

Japan Spherical Roller Bearing Exports

Japan Spherical Roller Bearing Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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