Thailand - Balls, Needles And Rollers For Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingTools for Bearing Price in Thailand - 2023
Contents:
- Tools for Bearing Price in Thailand (CIF) - 2023
- Tools for Bearing Price in Thailand (FOB) - 2022
- Tools for Bearing Imports in Thailand
- Tools for Bearing Exports in Thailand
Tools for Bearing Price in Thailand (CIF) - 2023
The average tools for bearing import price stood at $6,200 per ton in July 2023, approximately equating the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 7.6% month-to-month. Over the period under review, average import prices attained the maximum at $6,718 per ton in November 2022; however, from December 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Taiwan (Chinese) ($8,240 per ton), while the price for China ($4,008 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 China (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Tools for Bearing Price in Thailand (FOB) - 2022
The average tools for bearing export price stood at $30,258 per ton in 2022, rising by 18% against the previous year. Overall, the export price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2020 an increase of 61% against the previous year. Over the period under review, the average export prices hit record highs at $36,728 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($425,271 per ton), while the average price for exports to Indonesia ($5,336 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 Italy (+39.9%), while the prices for the other major destinations experienced more modest paces of growth.
Tools for Bearing Imports in Thailand
In 2022, the amount of balls, needles and rollers for ball or roller bearings imported into Thailand shrank to 8.8K tons, which is down by -12.6% on the year before. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.5% 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 +42.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports reached the peak of 10K tons, and then fell in the following year.
In value terms, tools for bearing imports fell to $55M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports reached the peak of $63M, and then declined in the following year.
Import of Tools for Bearing in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 33.5 | 26.5 | 41.4 | 34.2 | 0.7% |
China | 5.9 | 6.0 | 9.1 | 9.8 | 18.4% |
Indonesia | 4.0 | 3.8 | 4.7 | 4.7 | 5.5% |
Taiwan (Chinese) | 3.5 | 2.7 | 3.9 | 3.1 | -4.0% |
United States | 1.5 | 1.6 | 2.0 | 0.6 | -26.3% |
Others | 1.9 | 2.3 | 1.9 | 2.3 | 6.6% |
Total | 50.3 | 42.8 | 63.0 | 54.7 | 2.8% |
Top Suppliers of Tools for Bearing to Thailand in 2022:
- United States (undefinedK tons)
- Japan (4.7K tons)
- China (2.7K tons)
- Indonesia (1.0K tons)
- Taiwan (Chinese) (0.3K tons)
Tools for Bearing Exports in Thailand
In 2022, the amount of balls, needles and rollers for ball or roller bearings exported from Thailand reduced to 1.4K tons, which is down by -13.4% on 2021. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 52%.
In value terms, tools for bearing exports rose slightly to $43M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
Export of Tools for Bearing in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 3.5 | 4.4 | 10.1 | 14.4 | 60.2% |
China | 8.6 | 7.9 | 12.2 | 11.2 | 9.2% |
Singapore | 6.4 | 8.3 | 9.3 | 8.8 | 11.2% |
Taiwan (Chinese) | 1.5 | 0.6 | 2.2 | 2.0 | 10.1% |
Cambodia | 1.4 | 1.5 | 2.0 | 1.9 | 10.7% |
Lao People's Democratic Republic | 0.8 | 1.2 | 1.5 | 1.2 | 14.5% |
Vietnam | 0.5 | 0.5 | 0.4 | 0.4 | -7.2% |
Indonesia | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
South Korea | 0.6 | 0.2 | 0.2 | 0.2 | -30.7% |
Others | 4.6 | 2.9 | 3.9 | 2.5 | -18.4% |
Total | 28.1 | 27.5 | 42.1 | 43.0 | 15.2% |
Top Export Markets for Tools for Bearing from Thailand in 2022:
- Singapore (467.0 tons)
- China (386.4 tons)
- Taiwan (Chinese) (282.3 tons)
- Lao People's Democratic Republic (81.7 tons)
- Indonesia (58.7 tons)
- Vietnam (34.4 tons)
- Italy (33.9 tons)
- Cambodia (22.1 tons)
- South Korea (14.9 tons)
This report provides an in-depth analysis of the tools for bearing market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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 tools for bearing market in Thailand.
This report provides an in-depth analysis of the bearing market in Thailand.
This report provides an in-depth analysis of the ball bearing market in Thailand.
This report provides an in-depth analysis of the cylindrical roller bearing market in Thailand.
This report provides an in-depth analysis of the needle roller bearing market in Thailand.
This report provides an in-depth analysis of the ball bearing parts market in Thailand.
This report provides an in-depth analysis of the roller bearing market in Thailand.
This report provides an in-depth analysis of the spherical roller bearing market in Thailand.
This report provides an in-depth analysis of the tapered roller bearing market in Thailand.
This report provides an in-depth analysis of the bearing market in Thailand.
In November 2023, Ball Bearing exports saw a significant growth rate of 19% month-on-month. However, the value of Ball Bearing exports dropped to $37M in January 2024.
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.
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 bearings, including China, Germany, and the United States. Discover key statistics and figures that highlight the growth and demand in this thriving industry.
In November 2023, Ball Bearing exports saw a significant growth rate of 19% month-on-month. However, the value of Ball Bearing exports dropped to $37M in January 2024.
In value terms, candles and tapers imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consistent,...
In value terms, candles and tapers exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained consistent, with so...
In 2016, approx. X tons of bearing were imported worldwide- standing approx. at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
In 2016, approx. X tons of bearing were imported worldwide- standing approx. at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
Germany continued to dominate in the global ball or roller bearing trade. In 2014, Germany exported X thousand tons of ball or roller bearings totaling X million USD, X% over the previous year. Its primary trading partner was China, where it su