Spain - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpherical Roller Bearing Price in Spain - 2023
Contents:
- Spherical Roller Bearing Price in Spain (CIF) - 2023
- Spherical Roller Bearing Price in Spain (FOB) - 2022
- Spherical Roller Bearing Imports in Spain
- Spherical Roller Bearing Exports in Spain
Spherical Roller Bearing Price in Spain (CIF) - 2023
The import price in Spain stood at $15,556 per ton in July 2023, increasing by 18% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in January 2023 when the import price increased by 21% against the previous month. As a result, import price reached the peak level of $16,925 per ton. From February 2023 to July 2023, the import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In July 2023, the country with the highest price was the Netherlands ($23,522 per ton), while Romania ($9,729 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.8%), while the other leaders experienced more modest paces of growth.
Spherical Roller Bearing Price in Spain (FOB) - 2022
In 2022, the export price in Spain amounted to $19,604 per ton, surging by 118% against the previous year. In general, the export price, however, showed a abrupt setback. The Spain export price peaked at $37,827 per ton in 2012; however, from 2013 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 ($74,184 per ton), while China ($6,223 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 (+13.9%), while the other leaders experienced more modest paces of growth.
Spherical Roller Bearing Imports in Spain
Spherical roller bearing imports into Spain rose significantly to 3.2K tons in 2022, increasing by 5.9% on 2021. Overall, imports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 7.3% against the previous year.
In value terms, spherical roller bearing imports fell to $37M in 2022. Over the period under review, imports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 1.6% against the previous year.
Import of Spherical Roller Bearing in Spain (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 244 | 325 | 306 | 247 | 0.4% |
United States | 224 | 170 | 182 | 231 | 1.0% |
India | 120 | 85.1 | 141 | 155 | 8.9% |
Germany | 123 | 112 | 134 | 144 | 5.4% |
France | 90.6 | 78.5 | 93.9 | 103 | 4.4% |
Brazil | 48.5 | 44.0 | 72.4 | 81.6 | 18.9% |
Italy | 74.3 | 54.6 | 72.4 | 70.8 | -1.6% |
South Korea | 75.6 | 68.7 | 75.4 | 69.8 | -2.6% |
Turkey | 35.4 | 41.6 | 50.6 | 68.6 | 24.7% |
Singapore | 122 | 116 | 97.0 | 68.2 | -17.6% |
Russia | 56.3 | 51.8 | 55.2 | 53.5 | -1.7% |
Denmark | 72.2 | 64.2 | 81.2 | 50.9 | -11.0% |
Thailand | 33.5 | 31.4 | 30.8 | 33.4 | -0.1% |
Others | -1,263.1 | -1,205.8 | -1,356.0 | -1,339.6 | 2.0% |
Total | 56.5 | 36.7 | 37.3 | 37.2 | -13.0% |
Top Suppliers of Spherical Roller Bearing to Spain in 2022:
- China (17.0K tons)
- United States (11.8K tons)
- Germany (10.1K tons)
- India (9.3K tons)
- Russia (7.2K tons)
- France (6.8K tons)
- Brazil (6.6K tons)
- Denmark (6.3K tons)
- South Korea (5.7K tons)
- Thailand (5.2K tons)
- Turkey (5.0K tons)
- Italy (4.3K tons)
- Singapore (4.2K tons)
Spherical Roller Bearing Exports in Spain
In 2022, overseas shipments of spherical roller bearings decreased by -22.4% to 249 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 327%. As a result, the exports attained the peak of 320 tons, and then contracted notably in the following year.
In value terms, spherical roller bearing exports surged to $4.9M in 2022. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Spherical Roller Bearing in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 316 | 328 | 377 | 358 | 4.2% |
Germany | 318 | 379 | 418 | 339 | 2.2% |
China | 210 | 177 | 248 | 280 | 10.1% |
Japan | 244 | 215 | 219 | 223 | -3.0% |
United States | 141 | 117 | 103 | 123 | -4.5% |
Romania | 109 | 56.8 | 54.9 | 111 | 0.6% |
United Kingdom | 128 | 84.8 | 38.5 | 95.7 | -9.2% |
France | 81.4 | 75.4 | 92.1 | 93.1 | 4.6% |
Malaysia | 55.6 | 54.5 | 87.5 | 71.0 | 8.5% |
Singapore | 149 | 128 | 118 | 63.9 | -24.6% |
Italy | 53.7 | 36.1 | 43.4 | 50.1 | -2.3% |
Czech Republic | 24.4 | 28.9 | 30.8 | 22.6 | -2.5% |
Belarus | 16.4 | 14.6 | 15.4 | 16.5 | 0.2% |
Others | -1,844.6 | -1,692.4 | -1,843.1 | -1,842.5 | -0.0% |
Total | 1.5 | 1.6 | 2.9 | 4.9 | 48.4% |
Top Export Markets for Spherical Roller Bearing from Spain in 2022:
- China (45.0K tons)
- Germany (19.6K tons)
- Sweden (19.4K tons)
- Japan (18.4K tons)
- Romania (11.5K tons)
- France (4.7K tons)
- Malaysia (3.8K tons)
- United Kingdom (3.6K tons)
- Singapore (3.5K tons)
- Italy (2.7K tons)
- Belarus (2.3K tons)
- Czech Republic (1.9K tons)
- United States (1.7K tons)
This report provides an in-depth analysis of the spherical roller bearing market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Between April and October 2023, the import growth of Cylindrical Roller Bearings failed to pick up pace. In October 2023, the value of these imports notably increased to $4M.
As of April 2023, the cost of Cylindrical Roller Bearings in Spain was $19,839 per ton (CIF), marking a 6% increase from the previous month.
From December 2022 to October 2023, imports of Ball Bearing Parts saw a modest growth trend, with imports reaching $6.4M in value in October 2023.