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Japan's Needle Roller Bearing exports reached a peak of 11K tons in 2018, but failed to regain momentum from 2019 to 2023. In terms of value, exports dropped to $212M in 2023.
Imports of Needle Roller Bearings reached a record high of 2.6K tons in 2018, but decreased in the following years. By 2023, imports had decreased to $40M in value.
In February 2023, the needle roller bearing exports saw a rapid growth of 39% month-over-month. However, in November 2023, the value of needle roller bearing exports decreased to $17M.
The needle roller bearing industry experienced a significant growth rate in March 2023 with a month-on-month increase of 44%. In terms of value, the exports of Needle Roller Bearing rose remarkably to $19M in December 2023.
In June 2023, the price of Needle Roller Bearing was $36,079 per ton (CIF, Italy), experiencing a 12% increase compared to the previous month.
The price of Needle Roller Bearing in July 2023 was $20,934 per ton (CIF, Brazil), experiencing a decrease of 2.8% compared to the previous month.
In April 2023, the price of Needle Roller Bearing was $37,689 per ton (FOB, Germany), experiencing a 5.7% increase compared to the previous month.
In value terms, needle roller bearing imports shrank slightly to $14M in April 2023.
In value terms, needle roller bearing exports soared to $19M in March 2023.