Germany - Ball Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Price in Germany - 2023
Contents:
- Ball Bearing Price in Germany (FOB) - 2023
- Ball Bearing Price in Germany (CIF) - 2023
- Ball Bearing Exports in Germany
- Ball Bearing Imports in Germany
Ball Bearing Price in Germany (FOB) - 2023
The export price in Germany stood at $31,518 per ton in June 2023, increasing by 8% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in November 2022 an increase of 12% against the previous month. Over the period under review, the export prices attained the peak figure in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($54,100 per ton), while Hungary ($17,845 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.2%), while the other leaders experienced more modest paces of growth.
Ball Bearing Price in Germany (CIF) - 2023
The import price in Germany stood at $16,328 per ton in June 2023, which is down by -5% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 4.1% m-o-m. Over the period under review, import prices hit record highs at $17,193 per ton in May 2023, and then fell in the following month.
There were significant differences in the average prices amongst the major importing countries. In June 2023, the country with the highest price was Austria ($39,339 per ton), while Mexico ($6,957 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Hungary (+4.9%), while the other leaders experienced more modest paces of growth.
Ball Bearing Exports in Germany
In 2022, approx. 71K tons of ball bearings were exported from Germany; declining by -2% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of 72K tons, and then shrank modestly in the following year.
In value terms, ball bearing exports dropped to $1.9B in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. As a result, the exports attained the peak of $2B, and then reduced modestly in the following year.
Export of Ball Bearing in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,649 | 2,506 | 3,548 | 3,645 | 11.2% |
Japan | 1,787 | 1,451 | 1,999 | 1,909 | 2.2% |
Italy | 867 | 705 | 860 | 852 | -0.6% |
France | 849 | 633 | 759 | 684 | -7.0% |
Netherlands | 446 | 447 | 539 | 557 | 7.7% |
Thailand | 368 | 366 | 451 | 472 | 8.7% |
South Korea | 453 | 386 | 466 | 426 | -2.0% |
Poland | 198 | 187 | 230 | 246 | 7.5% |
Others | -5,908.9 | -5,095.7 | -6,899.8 | -6,874.5 | 5.2% |
Total | 1,707 | 1,584 | 1,951 | 1,917 | 3.9% |
Top Export Markets for Ball Bearing from Germany in 2022:
- China (534.7K tons)
- Japan (106.6K tons)
- Italy (61.0K tons)
- South Korea (38.3K tons)
- France (35.5K tons)
- Netherlands (35.2K tons)
- Poland (24.6K tons)
- Thailand (19.3K tons)
Ball Bearing Imports in Germany
Ball bearing imports into Germany expanded remarkably to 128K tons in 2022, increasing by 8.2% compared with the year before. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, ball bearing imports expanded to $2B in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 31%. Germany imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Ball Bearing in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,410 | 1,531 | 2,096 | 1,929 | 11.0% |
United States | 1,254 | 1,000 | 1,289 | 1,375 | 3.1% |
India | 435 | 343 | 533 | 619 | 12.5% |
Mexico | 518 | 433 | 583 | 595 | 4.7% |
Italy | 527 | 418 | 563 | 588 | 3.7% |
Netherlands | 445 | 432 | 519 | 518 | 5.2% |
France | 514 | 380 | 460 | 467 | -3.1% |
Japan | 421 | 348 | 416 | 441 | 1.6% |
Brazil | 244 | 226 | 333 | 393 | 17.2% |
South Korea | 348 | 302 | 401 | 351 | 0.3% |
Indonesia | 246 | 178 | 237 | 256 | 1.3% |
Spain | 174 | 141 | 188 | 200 | 4.8% |
Russia | 246 | 175 | 212 | 194 | -7.6% |
Others | -4,945.2 | -4,453.3 | -5,928.6 | -5,958.4 | 6.4% |
Total | 1,837 | 1,453 | 1,903 | 1,966 | 2.3% |
Top Suppliers of Ball Bearing to Germany in 2022:
- United States (99.4K tons)
- India (85.5K tons)
- China (73.1K tons)
- Italy (45.0K tons)
- Mexico (44.6K tons)
- Netherlands (44.4K tons)
- Brazil (42.5K tons)
- Indonesia (35.6K tons)
- France (32.4K tons)
- Russia (24.9K tons)
- South Korea (23.1K tons)
- Japan (21.7K tons)
- Spain (21.4K tons)
This report provides an in-depth analysis of the ball bearing market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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Cylindrical Roller Bearing price in June 2023 was $33,018 per ton (FOB, Germany), marking a decrease of -2.3% 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.
The exports of Roller Bearing reached their highest point at 945 tons but significantly decreased in the subsequent month. In terms of value, the exports of Roller Bearing reduced considerably to $16M in September 2023.
The exports of Spherical Roller Bearings reached a record high of 27K tons in 2021. However, from 2022 to 2023, the exports remained relatively stable at a lower figure. In terms of value, the exports of spherical roller bearings were valued at $339M in 2023.
The Germany Spherical Roller Bearing exports peaked at 27K tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum. In value terms, Spherical Roller Bearing exports reached $339M in 2023.
In general, there is a slight slump in exports. The value of Spherical Roller Bearing exports increased significantly to $29M in September 2023.
In August 2022, the growth of the Spherical Roller Bearing industry was at its highest, with a 15% increase in exports compared to the previous month. The value of these exports reached $31M by July 2023.
In March 2023, the tapered roller bearing price stood at $16,028 per ton (FOB, Germany), with an increase of 3.3% against the previous month.
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