Brazil - Ball Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Price in Brazil - 2023
Contents:
- Ball Bearing Price in Brazil (CIF) - 2023
- Ball Bearing Price in Brazil (FOB) - 2022
- Ball Bearing Imports in Brazil
- Ball Bearing Exports in Brazil
Ball Bearing Price in Brazil (CIF) - 2023
In July 2023, the import price in Brazil amounted to $9,019 per ton, almost unchanged from the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 7.2% against the previous month. Brazil import price peaked at $10,240 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($20,511 per ton), while China ($5,824 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 Japan (+2.0%), while the other leaders experienced more modest paces of growth.
Ball Bearing Price in Brazil (FOB) - 2022
In 2022, the export price in Brazil amounted to $18,720 per ton, almost unchanged from the previous year. Over the period under review, the export price, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2019 an increase of 16% against the previous year. The Brazil export price peaked at $25,255 per ton in 2012; however, from 2013 to 2022, the export prices stood 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 ($201,523 per ton), while China ($6,818 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 (+23.6%), while the other leaders experienced more modest paces of growth.
Ball Bearing Imports in Brazil
In 2022, the amount of ball bearings imported into Brazil expanded sharply to 42K tons, surging by 6% compared with 2021. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.9% 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 +64.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 41%. Brazil imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, ball bearing imports skyrocketed to $393M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.1% 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 +73.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
Import of Ball Bearing in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,837 | 1,453 | 1,903 | 1,966 | 2.3% |
China | 1,410 | 1,531 | 2,096 | 1,929 | 11.0% |
United States | 1,254 | 1,000 | 1,289 | 1,375 | 3.1% |
India | 435 | 343 | 533 | 619 | 12.5% |
Mexico | 518 | 433 | 583 | 595 | 4.7% |
Italy | 527 | 418 | 563 | 588 | 3.7% |
Netherlands | 445 | 432 | 519 | 518 | 5.2% |
France | 514 | 380 | 460 | 467 | -3.1% |
Japan | 421 | 348 | 416 | 441 | 1.6% |
South Korea | 348 | 302 | 401 | 351 | 0.3% |
Indonesia | 246 | 178 | 237 | 256 | 1.3% |
Spain | 174 | 141 | 188 | 200 | 4.8% |
Russia | 246 | 175 | 212 | 194 | -7.6% |
Others | -8,130.9 | -6,907.8 | -9,067.3 | -9,105.0 | 3.8% |
Total | 244 | 226 | 333 | 393 | 17.2% |
Top Suppliers of Ball Bearing to Brazil in 2022:
- Germany (128.3K tons)
- United States (99.4K tons)
- India (85.5K tons)
- China (73.1K tons)
- Italy (45.0K tons)
- Mexico (44.6K tons)
- Netherlands (44.4K tons)
- Indonesia (35.6K tons)
- France (32.4K tons)
- Russia (24.9K tons)
- South Korea (23.1K tons)
- Japan (21.7K tons)
- Spain (21.4K tons)
Ball Bearing Exports in Brazil
In 2022, the amount of ball bearings exported from Brazil soared to 2.8K tons, growing by 26% against 2021. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ball bearing exports soared to $53M in 2022. Overall, exports, however, saw a pronounced decrease.
Export of Ball Bearing in Brazil (Billion USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.6 | 2.5 | 3.5 | 3.6 | 11.5% |
Japan | 1.8 | 1.5 | 2.0 | 1.9 | 1.8% |
Germany | 1.7 | 1.6 | 2.0 | 1.9 | 3.8% |
Italy | 0.9 | 0.7 | 0.9 | 0.9 | 0.0% |
France | 0.8 | 0.6 | 0.8 | 0.7 | -4.4% |
Netherlands | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
Thailand | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
South Korea | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
Poland | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Others | -9.3 | -8.2 | -10.8 | -10.7 | 4.8% |
Total | 0.1 | N/A | N/A | 0.1 | 0.0% |
Top Export Markets for Ball Bearing from Brazil in 2022:
- China (534.7K tons)
- Japan (106.6K tons)
- Germany (70.7K tons)
- Italy (61.0K tons)
- South Korea (38.3K tons)
- France (35.5K tons)
- Netherlands (35.2K tons)
- Poland (24.6K tons)
- Thailand (19.3K tons)
This report provides an in-depth analysis of the ball bearing market in Brazil. 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 28151030 - Ball bearings
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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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The import growth of Bearing reached its peak in March 2023, with a significant 21% month-on-month increase. In terms of value, the imports of Bearing decreased to $58M in September 2023.
In July 2023, the Bearing price reached $10,598 per ton (CIF, Brazil), showing a 2.3% increase compared to the previous month.
The price of Needle Roller Bearing in July 2023 was $20,934 per ton (CIF, Brazil), experiencing a decrease of 2.8% compared to the previous month.
The growth of imports for Spherical Roller Bearings from January 2023 to October 2023 did not gain momentum. The import value of Spherical Roller Bearings contracted to $5.2M in October 2023.
From April 2023 to October 2023, there was a slight increase in the imports of Tapered Roller Bearings, reaching a value of $12M in October 2023.
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.
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.
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.
The import growth of Bearing reached its peak in March 2023, with a significant 21% month-on-month increase. In terms of value, the imports of Bearing decreased to $58M in September 2023.
In July 2023, the Bearing price reached $10,598 per ton (CIF, Brazil), showing a 2.3% increase compared to the previous month.