Canada - Cylindrical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCylindrical Roller Bearing Price in Canada - 2023
Contents:
- Cylindrical Roller Bearing Price in Canada (FOB) - 2022
- Cylindrical Roller Bearing Price in Canada (CIF) - 2021
- Cylindrical Roller Bearing Exports in Canada
- Cylindrical Roller Bearing Imports in Canada
Cylindrical Roller Bearing Price in Canada (FOB) - 2022
In 2022, the export price in Canada amounted to $32,807 per ton, which is down by -2.8% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 6.5%. As a result, the export price reached the peak level of $33,760 per ton, and then reduced slightly in the following year.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($57,238 per ton), while Russia ($8,046 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the other leaders experienced more modest paces of growth.
Cylindrical Roller Bearing Price in Canada (CIF) - 2021
In December 2021, the import price in Canada amounted to $28,114 per ton, remaining constant against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in August 2021 when the import price increased by 10% month-to-month. As a result, import price attained the peak level of $33,377 per ton. From September 2021 to December 2021, the import prices failed to regain momentum.
Average prices varied noticeably amongst the major importing countries. In December 2021, major importing countries recorded the following prices: in the UK ($28,116 per ton) and France ($28,115 per ton), while Italy ($28,113 per ton) and China ($28,114 per ton) were amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Italy (+0.0%), while the other leaders experienced more modest paces of growth.
Cylindrical Roller Bearing Exports in Canada
In 2022, shipments abroad of cylindrical roller bearings increased by 17% to 2.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a slight setback.
In value terms, cylindrical roller bearing exports rose rapidly to $92M in 2022. In general, exports, however, continue to indicate a mild shrinkage.
Export of Cylindrical Roller Bearing in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 998 | 942 | 992 | 902 | -3.3% |
Japan | 374 | 335 | 384 | 375 | 0.1% |
China | 244 | 195 | 271 | 298 | 6.9% |
Romania | 139 | 118 | 114 | 156 | 3.9% |
France | 172 | 111 | 145 | 150 | -4.5% |
Slovakia | 111 | 95.6 | 108 | 110 | -0.3% |
Italy | 102 | 69.9 | 89.3 | 99.3 | -0.9% |
Kazakhstan | 76.3 | 49.3 | 51.8 | 90.3 | 5.8% |
Hong Kong SAR | 117 | 144 | 114 | 89.5 | -8.5% |
India | 55.4 | 47.1 | 69.9 | 77.1 | 11.6% |
Taiwan (Chinese) | 12.6 | 48.3 | 65.3 | 56.8 | 65.2% |
Poland | 22.9 | 19.0 | 28.1 | 28.1 | 7.1% |
Russia | 21.8 | 20.1 | 24.2 | 22.1 | 0.5% |
Others | -2,352.4 | -2,116.6 | -2,376.3 | -2,362.3 | 0.1% |
Total | 95.0 | 78.8 | 80.6 | 91.8 | -1.1% |
Top Export Markets for Cylindrical Roller Bearing from Canada in 2022:
- Germany (30.6K tons)
- China (25.8K tons)
- Japan (17.9K tons)
- Romania (10.8K tons)
- Slovakia (7.9K tons)
- Taiwan (Chinese) (5.9K tons)
- Kazakhstan (5.3K tons)
- Poland (2.7K tons)
- Russia (2.7K tons)
- Hong Kong SAR (2.7K tons)
- Italy (2.6K tons)
- France (2.6K tons)
- India (2.4K tons)
Cylindrical Roller Bearing Imports in Canada
In 2022, approx. 2.1K tons of cylindrical roller bearings were imported into Canada; approximately reflecting the previous year. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 1.3%.
In value terms, cylindrical roller bearing imports skyrocketed to $81M in 2022. In general, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cylindrical Roller Bearing in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 674 | 799 | 858 | 732 | 2.8% |
Germany | 402 | 313 | 398 | 445 | 3.4% |
United States | 365 | 275 | 307 | 391 | 2.3% |
Mexico | 125 | 104 | 108 | 130 | 1.3% |
Italy | 123 | 105 | 126 | 126 | 0.8% |
Brazil | 68.0 | 56.3 | 78.8 | 109 | 17.0% |
Russia | 152 | 103 | 111 | 107 | -11.0% |
South Korea | 121 | 98.4 | 110 | 104 | -4.9% |
Spain | 57.0 | 202 | 164 | 87.9 | 15.5% |
Indonesia | 31.3 | 25.4 | 33.6 | 52.9 | 19.1% |
Turkey | 34.0 | 36.7 | 42.7 | 52.6 | 15.7% |
Czech Republic | 36.3 | 33.0 | 41.5 | 44.8 | 7.3% |
Thailand | 39.6 | 33.8 | 40.0 | 36.0 | -3.1% |
Others | -2,154.0 | -2,130.7 | -2,357.5 | -2,336.0 | 2.7% |
Total | 73.9 | 55.4 | 60.0 | 81.2 | 3.2% |
Top Suppliers of Cylindrical Roller Bearing to Canada in 2022:
- China (29.9K tons)
- Russia (23.2K tons)
- Germany (22.0K tons)
- United States (10.2K tons)
- Spain (6.2K tons)
- Mexico (5.6K tons)
- Italy (5.3K tons)
- Brazil (4.7K tons)
- Thailand (4.6K tons)
- South Korea (4.5K tons)
- Indonesia (3.9K tons)
- Turkey (3.5K tons)
- Czech Republic (3.2K tons)
This report provides an in-depth analysis of the cylindrical roller bearing market in Canada. 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 28151057 - Cylindrical roller bearings (excluding roller bearings, needle roller bearings)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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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In February 2023, the bearing price stood at $44,203 per ton (CIF, Canada), falling by -5.8% against the previous month.
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.
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.
In February 2023, the bearing price amounted to $44,140 per ton (CIF, Canada), waning by -5.9% against the previous month.
In February 2023, the bearing price stood at $44,203 per ton (CIF, Canada), falling by -5.8% against the previous month.
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.
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