Switzerland - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBearing Price in Switzerland - 2023
Contents:
- Bearing Price in Switzerland (CIF) - 2023
- Bearing Price in Switzerland (FOB) - 2023
- Bearing Imports in Switzerland
- Bearing Exports in Switzerland
Bearing Price in Switzerland (CIF) - 2023
The average bearing import price stood at $48,299 per ton in September 2023, surging by 16% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in December 2022 an increase of 28% month-to-month. The import price peaked in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($93,146 per ton), while the price for Slovakia ($18,591 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Bearing Price in Switzerland (FOB) - 2023
The average bearing export price stood at $103K per ton in September 2023, approximately equating the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in February 2023 an increase of 34% m-o-m. The export price peaked at $113K per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was China ($336K per ton), while the average price for exports to the Czech Republic ($44,599 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Bearing Imports in Switzerland
In 2022, approx. 13K tons of ball and roller bearings were imported into Switzerland; with an increase of 121% against 2021 figures. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, bearing imports rose markedly to $225M in 2022. The total import value increased at an average annual rate of +5.9% 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 21%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
Import of Bearing in Switzerland (Million USD) | |||||
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COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Germany | 83.2 | 71.5 | -14.1% | ||
China | 33.5 | 33.5 | 0.0% | ||
Italy | 19.6 | 16.4 | -16.3% | ||
France | 17.9 | 11.6 | -35.2% | ||
Japan | 12.7 | 10.0 | -21.3% | ||
United States | 11.2 | 9.9 | -11.6% | ||
Taiwan (Chinese) | 8.7 | 7.2 | -17.2% | ||
United Kingdom | 5.4 | 4.7 | -13.0% | ||
Sweden | 3.5 | 4.6 | 31.4% | ||
Thailand | 4.1 | 4.5 | 9.8% | ||
Slovakia | 6.8 | 4.4 | -35.3% | ||
Austria | 5.0 | 3.9 | -22.0% | ||
Others | -22.7 | -12.8 | -43.6% | ||
Total | 189 | 169 | -10.6% |
Top Suppliers of Bearing to Switzerland in 2022:
- Germany (102.0 tons)
- China (47.8 tons)
- Italy (23.5 tons)
- France (16.5 tons)
- Japan (14.2 tons)
- United States (14.1 tons)
- Taiwan (Chinese) (10.2 tons)
- United Kingdom (6.8 tons)
- Sweden (6.5 tons)
- Thailand (6.4 tons)
- Slovakia (6.2 tons)
- Austria (5.6 tons)
Bearing Exports in Switzerland
In 2022, bearing exports from Switzerland soared to 2.3K tons, growing by 20% on 2021. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 27%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, bearing exports fell to $161M in 2022. The total export value increased at an average annual rate of +4.6% 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 32% against the previous year. As a result, the exports attained the peak of $175M, and then contracted in the following year.
Export of Bearing in Switzerland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Germany | 60.8 | 50.7 | -16.6% | ||
United States | 17.4 | 14.1 | -19.0% | ||
Italy | 14.6 | 10.6 | -27.4% | ||
Hungary | 6.1 | 9.7 | 59.0% | ||
France | 9.7 | 7.9 | -18.6% | ||
Singapore | 4.3 | 7.5 | 74.4% | ||
China | 6.1 | 7.4 | 21.3% | ||
Poland | 4.7 | 6.7 | 42.6% | ||
Austria | 5.1 | 4.5 | -11.8% | ||
Netherlands | 6.1 | 4.4 | -27.9% | ||
Belgium | 2.9 | 3.7 | 27.6% | ||
United Kingdom | 5.3 | 2.8 | -47.2% | ||
Romania | 0.5 | 2.5 | 400.0% | ||
Others | -3.0 | -0.4 | -86.7% | ||
Total | 141 | 132 | -6.4% |
Top Export Markets for Bearing from Switzerland in 2022:
- Germany (218.8 tons)
- United States (60.8 tons)
- Italy (45.9 tons)
- Hungary (41.9 tons)
- France (33.9 tons)
- Singapore (32.4 tons)
- China (32.1 tons)
- Poland (28.7 tons)
- Austria (19.3 tons)
- Netherlands (18.9 tons)
- Belgium (16.2 tons)
- United Kingdom (11.9 tons)
- Romania (10.6 tons)
This report provides an in-depth analysis of the bearing market in Switzerland. 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:
- Switzerland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Switzerland
- 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 Switzerland.
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This report provides an in-depth analysis of the roller bearing market in Switzerland.
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