Luxembourg - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpherical Roller Bearing Price in Luxembourg - 2023
Contents:
- Spherical Roller Bearing Price in Luxembourg (CIF) - 2022
- Spherical Roller Bearing Price in Luxembourg (FOB) - 2022
- Spherical Roller Bearing Imports in Luxembourg
- Spherical Roller Bearing Exports in Luxembourg
Spherical Roller Bearing Price in Luxembourg (CIF) - 2022
In 2022, the import price in Luxembourg amounted to $28,783 per ton, reducing by -9.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by 60% against the previous year. Luxembourg import price peaked at $38,785 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($19,597 per ton), while Thailand ($6,369 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.6%), while the other leaders experienced a decline in the import price figures.
Spherical Roller Bearing Price in Luxembourg (FOB) - 2022
In 2022, the export price in Luxembourg amounted to $50,186 per ton, waning by -28.4% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by 304%. As a result, the export price reached the peak level of $71,402 per ton. From 2021 to 2022, the export prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($74,184 per ton), while China ($6,223 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.9%), while the other leaders experienced more modest paces of growth.
Spherical Roller Bearing Imports in Luxembourg
In 2022, approx. 20 tons of spherical roller bearings were imported into Luxembourg; shrinking by -15.5% compared with the previous year's figure. In general, imports recorded a deep reduction.
In value terms, spherical roller bearing imports declined significantly to $590K in 2022. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Spherical Roller Bearing in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 244 | 325 | 306 | 247 | 0.4% |
United States | 224 | 170 | 182 | 231 | 1.0% |
India | 120 | 85.1 | 141 | 155 | 8.9% |
Germany | 123 | 112 | 134 | 144 | 5.4% |
France | 90.6 | 78.5 | 93.9 | 103 | 4.4% |
Brazil | 48.5 | 44.0 | 72.4 | 81.6 | 18.9% |
Italy | 74.3 | 54.6 | 72.4 | 70.8 | -1.6% |
South Korea | 75.6 | 68.7 | 75.4 | 69.8 | -2.6% |
Turkey | 35.4 | 41.6 | 50.6 | 68.6 | 24.7% |
Singapore | 122 | 116 | 97.0 | 68.2 | -17.6% |
Russia | 56.3 | 51.8 | 55.2 | 53.5 | -1.7% |
Denmark | 72.2 | 64.2 | 81.2 | 50.9 | -11.0% |
Thailand | 33.5 | 31.4 | 30.8 | 33.4 | -0.1% |
Others | -1,318.8 | -1,241.4 | -1,392.5 | -1,376.2 | 1.4% |
Total | 0.9 | 1.1 | 0.8 | 0.6 | -12.6% |
Top Suppliers of Spherical Roller Bearing to Luxembourg in 2022:
- China (17.0K tons)
- United States (11.8K tons)
- Germany (10.1K tons)
- India (9.3K tons)
- Russia (7.2K tons)
- France (6.8K tons)
- Brazil (6.6K tons)
- Denmark (6.3K tons)
- South Korea (5.7K tons)
- Thailand (5.2K tons)
- Turkey (5.0K tons)
- Italy (4.3K tons)
- Singapore (4.2K tons)
Spherical Roller Bearing Exports in Luxembourg
In 2022, approx. 8.3 tons of spherical roller bearings were exported from Luxembourg; jumping by 127% compared with 2021 figures. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 131%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, spherical roller bearing exports surged to $415K in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 127%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.
Export of Spherical Roller Bearing in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 316 | 328 | 377 | 358 | 4.2% |
Germany | 318 | 379 | 418 | 339 | 2.2% |
China | 210 | 177 | 248 | 280 | 10.1% |
Japan | 244 | 215 | 219 | 223 | -3.0% |
United States | 141 | 117 | 103 | 123 | -4.5% |
Romania | 109 | 56.8 | 54.9 | 111 | 0.6% |
United Kingdom | 128 | 84.8 | 38.5 | 95.7 | -9.2% |
France | 81.4 | 75.4 | 92.1 | 93.1 | 4.6% |
Malaysia | 55.6 | 54.5 | 87.5 | 71.0 | 8.5% |
Singapore | 149 | 128 | 118 | 63.9 | -24.6% |
Italy | 53.7 | 36.1 | 43.4 | 50.1 | -2.3% |
Czech Republic | 24.4 | 28.9 | 30.8 | 22.6 | -2.5% |
Belarus | 16.4 | 14.6 | 15.4 | 16.5 | 0.2% |
Others | -1,846.0 | -1,693.9 | -1,845.7 | -1,847.0 | 0.0% |
Total | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
Top Export Markets for Spherical Roller Bearing from Luxembourg in 2022:
- China (45.0K tons)
- Germany (19.6K tons)
- Sweden (19.4K tons)
- Japan (18.4K tons)
- Romania (11.5K tons)
- France (4.7K tons)
- Malaysia (3.8K tons)
- United Kingdom (3.6K tons)
- Singapore (3.5K tons)
- Italy (2.7K tons)
- Belarus (2.3K tons)
- Czech Republic (1.9K tons)
- United States (1.7K tons)
This report provides an in-depth analysis of the spherical roller bearing market in Luxembourg. 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 28151055 - Spherical roller bearings
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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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