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Sweden - Ball Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Price in Sweden - 2023
Contents:
- Ball Bearing Price in Sweden (CIF) - 2023
- Ball Bearing Price in Sweden (FOB) - 2023
- Ball Bearing Imports in Sweden
- Ball Bearing Exports in Sweden
Ball Bearing Price in Sweden (CIF) - 2023
In June 2023, the import price in Sweden amounted to $24,720 per ton, with an increase of 71% against the previous month. Overall, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in January 2023 an increase of 274% against the previous month. As a result, import price reached the peak level of $28,526 per ton. From February 2023 to June 2023, the import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($39,356 per ton), while China ($7,905 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 Italy (+12.6%), while the other leaders experienced more modest paces of growth.
Ball Bearing Price in Sweden (FOB) - 2023
The export price in Sweden stood at $37,034 per ton in June 2023, with a decrease of -29.5% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 an increase of 21% m-o-m. The Sweden export price peaked at $57,801 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($220K per ton), while the Netherlands ($7,112 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 China (+5.6%), while the other leaders experienced more modest paces of growth.
Ball Bearing Imports in Sweden
After three years of growth, purchases abroad of ball bearings decreased by -31.3% to 11K tons in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 36%.
In value terms, ball bearing imports dropped sharply to $122M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of $144M, and then reduced markedly in the following year.
Import of Ball Bearing in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,837 | 1,453 | 1,903 | 1,966 | 2.3% |
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% |
Russia | 246 | 175 | 212 | 194 | -7.6% |
Others | -8,322.1 | -7,107.5 | -9,402.0 | -9,568.5 | 4.8% |
Total | 123 | 111 | 144 | 122 | -0.3% |
Top Suppliers of Ball Bearing to Sweden in 2022:
- Germany (128.3K tons)
- 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)
Ball Bearing Exports in Sweden
Ball bearing exports from Sweden expanded rapidly to 1K tons in 2022, with an increase of 9.9% on 2021. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ball bearing exports dropped to $46M in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of $47M, and then reduced modestly in the following year.
Export of Ball Bearing in Sweden (Billion USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.6 | 2.5 | 3.5 | 3.6 | 11.5% |
Japan | 1.8 | 1.5 | 2.0 | 1.9 | 1.8% |
Germany | 1.7 | 1.6 | 2.0 | 1.9 | 3.8% |
Italy | 0.9 | 0.7 | 0.9 | 0.9 | 0.0% |
France | 0.8 | 0.6 | 0.8 | 0.7 | -4.4% |
Netherlands | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
Thailand | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
South Korea | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
Poland | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Others | -9.3 | -8.2 | -10.8 | -10.7 | 4.8% |
Total | N/A | N/A | N/A | N/A | 0% |
Top Export Markets for Ball Bearing from Sweden in 2022:
- China (534.7K tons)
- Japan (106.6K tons)
- Germany (70.7K 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)
This report provides an in-depth analysis of the ball bearing market in Sweden. 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:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- 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
-
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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