Ecuador - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBearing Price in Ecuador - 2022
Contents:
- Bearing Price in Ecuador (CIF) - 2022
- Bearing Price in Ecuador (FOB) - 2022
- Bearing Imports in Ecuador
- Bearing Exports in Ecuador
Bearing Price in Ecuador (CIF) - 2022
The average bearing import price stood at $13,175 per ton in January 2022, increasing by 12% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in April 2021 when the average import price increased by 31% m-o-m. As a result, import price attained the peak level of $17,573 per ton. From May 2021 to January 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Italy ($35,918 per ton), while the price for Hong Kong SAR ($6,533 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Bearing Price in Ecuador (FOB) - 2022
The average bearing export price stood at $30,849 per ton in 2020, surging by 26% against the previous year. Overall, the export price continues to indicate a notable expansion. The pace of growth appeared the most rapid in 2013 an increase of 68% against the previous year. The export price peaked at $45,310 per ton in 2014; however, from 2015 to 2020, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was the United States ($77,409 per ton), while the average price for exports to Kuwait ($10,872 per ton) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Bearing Imports in Ecuador
In 2022, bearing imports into Ecuador contracted dramatically to 378 tons, waning by -86.6% on the year before. Overall, imports showed a sharp decrease. The pace of growth was the most pronounced in 2021 when imports increased by 121% against the previous year. As a result, imports reached the peak of 2.8K tons, and then declined sharply in the following year.
In value terms, bearing imports shrank sharply to $9M in 2022. Over the period under review, imports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 93%. As a result, imports reached the peak of $41M, and then shrank remarkably in the following year.
Import of Bearing in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Japan | 9.6 | 7.7 | -19.8% | ||
China | 4.2 | 6.8 | 61.9% | ||
United States | 4.5 | 3.6 | -20.0% | ||
Germany | 1.9 | 1.8 | -5.3% | ||
South Korea | 1.6 | 1.1 | -31.3% | ||
Italy | 1.1 | 1.0 | -9.1% | ||
France | 0.8 | 0.7 | -12.5% | ||
Spain | 0.5 | 0.7 | 40.0% | ||
Sweden | 0.6 | 0.6 | 0.0% | ||
Austria | 0.5 | 0.5 | 0.0% | ||
Others | 9.7 | -3.3 | -134.0% | ||
Total | 35.1 | 21.1 | -39.9% |
Top Suppliers of Bearing to Ecuador in 2022:
- Japan (660.2 tons)
- China (582.3 tons)
- United States (304.3 tons)
- Germany (152.2 tons)
- South Korea (93.2 tons)
- Italy (82.2 tons)
- France (62.9 tons)
- Spain (57.0 tons)
- Sweden (52.1 tons)
- Austria (40.8 tons)
Bearing Exports in Ecuador
For the third consecutive year, Ecuador recorded decline in overseas shipments of ball and roller bearings, which decreased by -32.5% to 2.3 tons in 2022. Overall, exports showed a dramatic shrinkage. The smallest decline of -6.9% was in 2021.
In value terms, bearing exports declined notably to $107K in 2022. Over the period under review, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year.
Export of Bearing in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
United States | 30.3 | 55.6 | 83.5% | ||
Saudi Arabia | 3.0 | 29.0 | 866.7% | ||
Colombia | 87.3 | 27.3 | -68.7% | ||
Belgium | 0.2 | 15.2 | 7500.0% | ||
United Kingdom | 0.7 | 13.3 | 1800.0% | ||
Kuwait | 1.7 | 10.5 | 517.6% | ||
Brazil | 5.0 | 9.6 | 92.0% | ||
Hong Kong SAR | 19.2 | N/A | 0% | ||
South Korea | 7.2 | N/A | 0% | ||
Slovenia | 14.3 | N/A | 0% | ||
Panama | 9.9 | N/A | 0% | ||
Angola | 6.2 | N/A | 0% | ||
Canada | 9.7 | N/A | 0% | ||
Others | -16.1 | -47.5 | 195.0% | ||
Total | 178 | 113 | -36.5% |
Top Export Markets for Bearing from Ecuador in 2022:
- Kuwait (965.0 kg)
- United States (719.0 kg)
- United Kingdom (385.0 kg)
- Saudi Arabia (375.0 kg)
- Colombia (353.0 kg)
- Brazil (241.0 kg)
- Belgium (197.0 kg)
This report provides an in-depth analysis of the bearing market in Ecuador. 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
- Prodcom 28151053 - Tapered roller bearings (including cone and tapered roller assemblies)
- Prodcom 28151055 - Spherical roller bearings
- Prodcom 28151057 - Cylindrical roller bearings (excluding roller bearings, needle roller bearings)
- Prodcom 28151070 - Needle roller bearings
- Prodcom 28151090 - Roller bearings (including combined ball/roller bearings) (excluding tapered roller bearings, spherical roller bearings, n eedle roller bearings)
Country coverage:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the bearing market in Ecuador.
This report provides an in-depth analysis of the ball bearing market in Ecuador.
This report provides an in-depth analysis of the tools for bearing market in Ecuador.
This report provides an in-depth analysis of the cylindrical roller bearing market in Ecuador.
This report provides an in-depth analysis of the needle roller bearing market in Ecuador.
This report provides an in-depth analysis of the ball bearing parts market in Ecuador.
This report provides an in-depth analysis of the roller bearing market in Ecuador.
This report provides an in-depth analysis of the spherical roller bearing market in Ecuador.
This report provides an in-depth analysis of the tapered roller bearing market in Ecuador.
This report provides an in-depth analysis of the global bearing market.
Explore the top import markets for ball bearings, including Germany, China, the United States, and more. Find key statistics and data on the global demand for ball bearings.
Discover the leading import markets for cylindrical roller bearings and their impact on the global industry. From China to South Korea, learn about the key players driving the demand for these essential components.
Discover the top import markets for ball bearing parts and the key statistics behind these global trade trends.
Explore the top import markets for bearings, including China, Germany, and the United States. Discover key statistics and figures that highlight the growth and demand in this thriving industry.
In value terms, candles and tapers imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consistent,...
In value terms, candles and tapers exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained consistent, with so...
In 2016, approx. X tons of bearing were imported worldwide- standing approx. at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
In 2016, approx. X tons of bearing were imported worldwide- standing approx. at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
Germany continued to dominate in the global ball or roller bearing trade. In 2014, Germany exported X thousand tons of ball or roller bearings totaling X million USD, X% over the previous year. Its primary trading partner was China, where it su
Explore the top import markets for ball bearings, including Germany, China, the United States, and more. Find key statistics and data on the global demand for ball bearings.