Uruguay - Ball Bearings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Uruguay - Ball Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Ball Bearing Price in Uruguay - 2023

Contents:

  1. Ball Bearing Price in Uruguay (CIF) - 2022
  2. Ball Bearing Price in Uruguay (FOB) - 2022
  3. Ball Bearing Imports in Uruguay
  4. Ball Bearing Exports in Uruguay

Ball Bearing Price in Uruguay (CIF) - 2022

In 2022, the import price in Uruguay amounted to $13,943 per ton, surging by 26% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decrease. Uruguay import price peaked at $17,124 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($26,126 per ton), while Indonesia ($7,813 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the other leaders experienced more modest paces of growth.

Ball Bearing Price in Uruguay (FOB) - 2022

In 2022, the export price in Uruguay amounted to $6,354 per ton, reducing by -33.7% against the previous year. Overall, the export price saw a abrupt decline. The growth pace was the most rapid in 2014 an increase of 57%. Over the period under review, the export prices hit record highs at $24,813 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($193,287 per ton), while China ($6,849 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.1%), while the other leaders experienced more modest paces of growth.

Ball Bearing Imports in Uruguay

Ball bearing imports into Uruguay fell to 475 tons in 2022, which is down by -11.8% on 2021 figures. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 75%. As a result, imports attained the peak of 539 tons, and then reduced in the following year.

In value terms, ball bearing imports rose rapidly to $6.6M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 56% against the previous year. Uruguay imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Ball Bearing in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,8371,4531,9031,9742.4%
China1,4101,5742,1421,92911.0%
United States1,2541,0001,2891,3753.1%
Italy5274185636024.5%
Mexico5184335835954.7%
Netherlands4454325195185.2%
India4353435334994.7%
France514380460467-3.1%
South Korea3483024013954.3%
Brazil24422633339317.2%
Russia24621933134011.4%
Belgium14724231829225.7%
Indonesia246178237239-1.0%
Others-8,166.9-7,195.8-9,605.9-9,610.75.6%
Total4.43.86.06.614.5%

Top Suppliers of Ball Bearing to Uruguay in 2022:

  1. Germany (127.9K tons)
  2. United States (94.5K tons)
  3. China (73.8K tons)
  4. Italy (46.1K tons)
  5. Mexico (45.1K tons)
  6. Netherlands (44.1K tons)
  7. Brazil (42.5K tons)
  8. France (32.5K tons)
  9. Indonesia (30.6K tons)
  10. Russia (29.3K tons)
  11. Belgium (27.8K tons)
  12. South Korea (25.7K tons)
  13. India (22.4K tons)

Ball Bearing Exports in Uruguay

In 2022, exports of ball bearings from Uruguay skyrocketed to 7.9 tons, jumping by 53% on 2021. In general, exports, however, showed a abrupt decline.

In value terms, ball bearing exports stood at $50K in 2022. Overall, exports, however, saw a significant contraction. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year.

Export of Ball Bearing in Uruguay (Billion USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.62.53.53.611.5%
Japan1.81.52.01.91.8%
Germany1.71.62.01.93.8%
Italy0.90.70.90.90.0%
France0.80.60.80.7-4.4%
Netherlands0.40.40.50.614.5%
South Korea0.50.40.50.50.0%
Thailand0.40.40.50.57.7%
Singapore0.50.40.40.3-15.7%
Poland0.20.20.20.20.0%
Others-9.8-8.6-11.2-11.14.2%
TotalN/AN/AN/AN/A0%

Top Export Markets for Ball Bearing from Uruguay in 2022:

  1. China (532.2K tons)
  2. Japan (106.6K tons)
  3. Germany (70.9K tons)
  4. Italy (61.2K tons)
  5. South Korea (41.5K tons)
  6. France (35.9K tons)
  7. Netherlands (35.2K tons)
  8. Poland (24.6K tons)
  9. Thailand (19.3K tons)
  10. Singapore (16.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ball bearing market in Uruguay. 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 28151030 - Ball bearings

Country coverage:

  • Uruguay

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Uruguay
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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
  12. 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
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