Spain - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNeedle Roller Bearing Price in Spain - 2023
Contents:
- Needle Roller Bearing Price in Spain (CIF) - 2023
- Needle Roller Bearing Price in Spain (FOB) - 2022
- Needle Roller Bearing Imports in Spain
- Needle Roller Bearing Exports in Spain
Needle Roller Bearing Price in Spain (CIF) - 2023
In July 2023, the import price in Spain amounted to $13,698 per ton, jumping by 23% against the previous month. Overall, import price indicated a mild expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, needle roller bearing import price increased by +49.5% against April 2023 indices. The pace of growth appeared the most rapid in October 2022 an increase of 48% month-to-month. As a result, import price attained the peak level of $15,259 per ton. From November 2022 to July 2023, the import prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($24,172 per ton), while France ($4,809 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+13.8%), while the other leaders experienced more modest paces of growth.
Needle Roller Bearing Price in Spain (FOB) - 2022
The export price in Spain stood at $39,546 per ton in 2022, surging by 42% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, needle roller bearing export price increased by +55.5% against 2018 indices. The growth pace was the most rapid in 2013 when the export price increased by 89% against the previous year. Over the period under review, the export prices hit record highs at $42,048 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($65,083 per ton), while Romania ($9,219 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 (+2.9%), while the other leaders experienced more modest paces of growth.
Needle Roller Bearing Imports in Spain
In 2022, the amount of needle roller bearings imported into Spain fell to 1.2K tons, which is down by -8.7% compared with the previous year. Over the period under review, imports recorded a dramatic shrinkage. The smallest decline of -8.6% was in 2021.
In value terms, needle roller bearing imports declined slightly to $19M in 2022. Overall, imports saw a abrupt slump. The smallest decline of -0.6% was in 2021.
Import of Needle Roller Bearing in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 199 | 163 | 188 | 209 | 1.6% |
United States | 157 | 119 | 161 | 161 | 0.8% |
Mexico | 129 | 110 | 132 | 133 | 1.0% |
China | 100 | 100 | 132 | 123 | 7.1% |
South Korea | 77.6 | 67.9 | 77.6 | 66.8 | -4.9% |
Netherlands | 44.1 | 34.9 | 38.4 | 44.6 | 0.4% |
Japan | 47.4 | 39.9 | 51.0 | 43.8 | -2.6% |
Italy | 43.4 | 33.6 | 38.3 | 42.8 | -0.5% |
Thailand | 41.2 | 37.2 | 47.8 | 42.3 | 0.9% |
Brazil | 33.8 | 27.0 | 37.9 | 40.1 | 5.9% |
Nigeria | 0.7 | 3.8 | 14.4 | 39.8 | 284.5% |
France | 48.4 | 37.4 | 41.4 | 38.5 | -7.3% |
Indonesia | 31.2 | 20.6 | 32.8 | 32.9 | 1.8% |
Others | -921.5 | -773.5 | -973.6 | -999.2 | 2.7% |
Total | 30.5 | 19.5 | 19.4 | 18.7 | -15.0% |
Top Suppliers of Needle Roller Bearing to Spain in 2022:
- Germany (13.3K tons)
- United States (8.4K tons)
- Mexico (6.0K tons)
- China (2.9K tons)
- Nigeria (2.6K tons)
- Indonesia (2.3K tons)
- South Korea (2.3K tons)
- Brazil (1.9K tons)
- Thailand (1.9K tons)
- France (1.8K tons)
- Japan (1.7K tons)
- Netherlands (1.5K tons)
- Italy (1.5K tons)
Needle Roller Bearing Exports in Spain
In 2022, the amount of needle roller bearings exported from Spain declined dramatically to 35 tons, falling by -50.2% on the year before. Over the period under review, exports continue to indicate a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 98%. As a result, the exports attained the peak of 70 tons, and then declined notably in the following year.
In value terms, needle roller bearing exports declined remarkably to $1.4M in 2022. Overall, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 81% against the previous year. As a result, the exports attained the peak of $1.9M, and then declined rapidly in the following year.
Export of Needle Roller Bearing in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 256 | 234 | 278 | 285 | 3.6% |
Japan | 265 | 212 | 268 | 230 | -4.6% |
China | 169 | 163 | 220 | 211 | 7.7% |
Slovakia | 82.7 | 67.3 | 83.3 | 126 | 15.1% |
United States | 120 | 105 | 130 | 125 | 1.4% |
France | 63.8 | 58.1 | 66.2 | 56.1 | -4.2% |
South Korea | 47.7 | 42.6 | 60.7 | 55.0 | 4.9% |
Netherlands | 37.8 | 28.1 | 33.8 | 35.4 | -2.2% |
Czech Republic | 27.1 | 20.0 | 19.5 | 25.8 | -1.6% |
Mexico | 15.4 | 13.4 | 23.1 | 25.8 | 18.8% |
Romania | 15.2 | 10.2 | 13.7 | 13.4 | -4.1% |
Others | -1,098.7 | -953.4 | -1,194.8 | -1,186.9 | 2.6% |
Total | 1.8 | 1.1 | 1.9 | 1.4 | -8.0% |
Top Export Markets for Needle Roller Bearing from Spain in 2022:
- China (14.1K tons)
- Japan (8.8K tons)
- Germany (8.1K tons)
- Slovakia (7.3K tons)
- France (3.4K tons)
- South Korea (2.4K tons)
- United States (1.9K tons)
- Mexico (1.8K tons)
- Czech Republic (1.6K tons)
- Romania (1.5K tons)
- Netherlands (1.0K tons)
This report provides an in-depth analysis of the needle roller bearing market in Spain. 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 28151070 - Needle roller bearings
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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As of April 2023, the cost of Cylindrical Roller Bearings in Spain was $19,839 per ton (CIF), marking a 6% increase from the previous month.
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Between April and October 2023, the import growth of Cylindrical Roller Bearings failed to pick up pace. In October 2023, the value of these imports notably increased to $4M.
As of April 2023, the cost of Cylindrical Roller Bearings in Spain was $19,839 per ton (CIF), marking a 6% increase from the previous month.
From December 2022 to October 2023, imports of Ball Bearing Parts saw a modest growth trend, with imports reaching $6.4M in value in October 2023.