Portugal - Balls, Needles And Rollers For Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTools for Bearing Price in Portugal - 2023
Contents:
- Tools for Bearing Price in Portugal (CIF) - 2022
- Tools for Bearing Price in Portugal (FOB) - 2022
- Tools for Bearing Imports in Portugal
- Tools for Bearing Exports in Portugal
Tools for Bearing Price in Portugal (CIF) - 2022
The average tools for bearing import price stood at $5,896 per ton in 2022, reducing by -8.2% against the previous year. Overall, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in 2013 an increase of 36%. Over the period under review, average import prices attained the maximum at $15,152 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($23,270 per ton), while the price for Italy ($4,382 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Tools for Bearing Price in Portugal (FOB) - 2022
The average tools for bearing export price stood at $8,989 per ton in 2022, jumping by 22% against the previous year. In general, the export price showed a slight increase. The growth pace was the most rapid in 2018 when the average export price increased by 84%. As a result, the export price reached the peak level of $30,225 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($25,800 per ton), while the average price for exports to Slovakia ($5,927 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Tools for Bearing Imports in Portugal
In 2022, tools for bearing imports into Portugal expanded sharply to 946 tons, with an increase of 14% against the previous year. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.9% 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 +66.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 46%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, tools for bearing imports stood at $5.6M in 2022. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
Import of Tools for Bearing in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 2,488 | 1,654 | 2,679 | 2,028 | -6.6% |
Italy | 808 | 630 | 906 | 1,067 | 9.7% |
India | N/A | 8.5 | 48.9 | 828 | 887.0% |
United Kingdom | 362 | 355 | 518 | 685 | 23.7% |
Spain | 468 | 221 | 271 | 332 | -10.8% |
Germany | 598 | 403 | 583 | 287 | -21.7% |
Others | 183 | 339 | 314 | 349 | 24.0% |
Total | 4,906 | 3,611 | 5,320 | 5,576 | 4.4% |
Top Suppliers of Tools for Bearing to Portugal in 2022:
- Poland (325.7 tons)
- Italy (243.6 tons)
- India (186.8 tons)
- United Kingdom (129.8 tons)
- Spain (26.5 tons)
- Germany (12.3 tons)
Tools for Bearing Exports in Portugal
Tools for bearing exports from Portugal surged to 9.4 tons in 2022, with an increase of 87% against the previous year's figure. Overall, exports saw a relatively flat trend pattern.
In value terms, tools for bearing exports soared to $85K in 2022. Over the period under review, exports recorded a prominent increase.
Export of Tools for Bearing in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Angola | 30.3 | 66.3 | 18.1 | 38.4 | 8.2% |
United States | N/A | N/A | N/A | 20.3 | 0% |
Slovakia | N/A | 14.9 | 8.3 | 8.6 | -24.0% |
Czech Republic | N/A | N/A | N/A | 5.7 | 0% |
Cabo Verde | 2.7 | 5.5 | N/A | 3.8 | 12.1% |
Spain | 3.3 | 3.4 | 3.2 | 2.5 | -8.8% |
Germany | 1.6 | 8.3 | 2.3 | 1.2 | -9.1% |
Mozambique | 6.5 | 0.3 | N/A | 0.3 | -64.1% |
Algeria | 1.2 | 0.6 | N/A | N/A | -50.0% |
Others | 8.4 | 13.2 | 5.0 | 4.0 | -21.9% |
Total | 54.0 | 113 | 37.0 | 84.7 | 16.2% |
Top Export Markets for Tools for Bearing from Portugal in 2022:
- Mozambique (undefined tons)
- Angola (4.8 tons)
- Slovakia (1.4 tons)
- United States (1.3 tons)
- Czech Republic (0.8 tons)
- Cabo Verde (0.2 tons)
- Germany (0.2 tons)
- Spain (0.2 tons)
This report provides an in-depth analysis of the tools for bearing market in Portugal. 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 28153130 - Balls, needles and rollers for ball or roller bearings
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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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