Italy - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBearing Price in Italy - 2023
Contents:
- Bearing Price in Italy (FOB) - 2023
- Bearing Price in Italy (CIF) - 2023
- Bearing Exports in Italy
- Bearing Imports in Italy
Bearing Price in Italy (FOB) - 2023
In August 2023, the average bearing export price amounted to $16,270 per ton, falling by -12.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices reached the maximum at $18,585 per ton in July 2023, and then dropped in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was China ($32,106 per ton), while the average price for exports to Sweden ($8,558 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Bearing Price in Italy (CIF) - 2023
In August 2023, the average bearing import price amounted to $12,896 per ton, dropping by -12.4% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average import price increased by 21% month-to-month. The import price peaked at $15,922 per ton in December 2022; however, from January 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($27,101 per ton), while the price for China ($7,471 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Bearing Exports in Italy
In 2022, the amount of ball and roller bearings exported from Italy rose sharply to 78K tons, surging by 5.1% against 2021. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 12%.
In value terms, bearing exports rose sharply to $1.3B in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 21%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Bearing in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Germany | 384 | 297 | -22.7% | ||
France | 214 | 143 | -33.2% | ||
United States | 95.0 | 85.7 | -9.8% | ||
Belgium | 92.2 | 81.4 | -11.7% | ||
China | 75.7 | 59.5 | -21.4% | ||
United Kingdom | 35.6 | 54.1 | 52.0% | ||
Spain | 77.4 | 48.0 | -38.0% | ||
Sweden | 49.8 | 42.0 | -15.7% | ||
Austria | 51.3 | 36.0 | -29.8% | ||
Turkey | 26.8 | 31.9 | 19.0% | ||
Poland | 35.3 | 28.7 | -18.7% | ||
Czech Republic | 27.2 | 23.3 | -14.3% | ||
Slovakia | 27.9 | 20.0 | -28.3% | ||
Others | 66.0 | 61.0 | -7.6% | ||
Total | 1,258 | 1,011 | -19.6% |
Top Export Markets for Bearing from Italy in 2022:
- Germany (1.4K tons)
- France (0.7K tons)
- United States (0.4K tons)
- Belgium (0.4K tons)
- United Kingdom (0.3K tons)
- China (0.3K tons)
- Sweden (0.2K tons)
- Austria (0.2K tons)
- Spain (0.2K tons)
- Turkey (0.1K tons)
- Czech Republic (0.1K tons)
- Poland (0.1K tons)
- Slovakia (0.1K tons)
Bearing Imports in Italy
In 2022, approx. 79K tons of ball and roller bearings were imported into Italy; with an increase of 11% on 2021. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 28%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, bearing imports rose rapidly to $1.1B in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
Import of Bearing in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Germany | 371 | 290 | -21.8% | ||
China | 247 | 203 | -17.8% | ||
France | 192 | 151 | -21.4% | ||
Netherlands | 112 | 96.3 | -14.0% | ||
Bulgaria | 61.2 | 58.0 | -5.2% | ||
Belgium | 55.3 | 42.7 | -22.8% | ||
United States | 39.0 | 27.6 | -29.2% | ||
Sweden | 22.7 | 21.3 | -6.2% | ||
India | 21.2 | 18.7 | -11.8% | ||
Poland | 18.9 | 17.6 | -6.9% | ||
United Kingdom | 23.9 | 13.5 | -43.5% | ||
Others | -204.3 | -167.7 | -17.9% | ||
Total | 961 | 771 | -19.8% |
Top Suppliers of Bearing to Italy in 2022:
- United States (undefinedK tons)
- Netherlands (undefinedK tons)
- Poland (undefinedK tons)
- India (undefinedK tons)
- France (undefinedK tons)
- United Kingdom (undefinedK tons)
- Sweden (undefinedK tons)
- Belgium (undefinedK tons)
- China (undefinedK tons)
- Bulgaria (undefinedK tons)
- Germany (0.1K tons)
This report provides an in-depth analysis of the bearing market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
This report provides an in-depth analysis of the bearing market in Italy.
This report provides an in-depth analysis of the ball bearing market in Italy.
This report provides an in-depth analysis of the tools for bearing market in Italy.
This report provides an in-depth analysis of the cylindrical roller bearing market in Italy.
This report provides an in-depth analysis of the needle roller bearing market in Italy.
This report provides an in-depth analysis of the ball bearing parts market in Italy.
This report provides an in-depth analysis of the roller bearing market in Italy.
This report provides an in-depth analysis of the spherical roller bearing market in Italy.
This report provides an in-depth analysis of the tapered roller bearing market in Italy.
This report provides an in-depth analysis of the global bearing market.
Imports of the Cylindrical Roller Bearing witnessed a significant growth, reaching a value of $14M in September 2023.
Cylindrical Roller Bearing prices dropped by -12.7% in January 2023, to $23,225 per ton (CIF Italy).
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.
Roller Bearing exports reached a peak of 4.2K tons in 2013 but experienced a decline from 2014 to 2023. By 2023, roller bearing exports were valued at $110M.
From June 2023 to October 2023, the growth of Roller Bearing exports remained at a slightly lower figure. In value terms, Roller Bearing exports decreased significantly to $4.4M in October 2023.
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.
Imports of the Cylindrical Roller Bearing witnessed a significant growth, reaching a value of $14M in September 2023.
Cylindrical Roller Bearing prices dropped by -12.7% in January 2023, to $23,225 per ton (CIF Italy).
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.