Brazil - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTapered Roller Bearing Price in Brazil - 2023
Contents:
- Tapered Roller Bearing Price in Brazil (CIF) - 2023
- Tapered Roller Bearing Price in Brazil (FOB) - 2023
- Tapered Roller Bearing Imports in Brazil
- Tapered Roller Bearing Exports in Brazil
Tapered Roller Bearing Price in Brazil (CIF) - 2023
In September 2023, the import price in Brazil amounted to $6,538 per ton, which is down by -6.6% against the previous month. Overall, the import price continues to indicate a mild curtailment. The pace of growth was the most pronounced in February 2023 when the import price increased by 39% month-to-month. As a result, import price attained the peak level of $8,678 per ton. From March 2023 to September 2023, the import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In September 2023, the country with the highest price was the United States ($19,986 per ton), while China ($3,053 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+3.9%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Price in Brazil (FOB) - 2023
The export price in Brazil stood at $16,754 per ton in September 2023, surging by 23% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in March 2023 an increase of 28% month-to-month. Over the period under review, the export prices hit record highs in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was South Africa ($85,708 per ton), while Sweden ($10,946 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Africa (+19.0%), while the other leaders experienced more modest paces of growth.
Tapered Roller Bearing Imports in Brazil
In 2022, the amount of tapered roller bearings imported into Brazil rose notably to 30K tons, with an increase of 5.6% compared with the previous year. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +78.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 69% against the previous year. Brazil imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, tapered roller bearing imports stood at $207M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +90.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 66%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
Import of Tapered Roller Bearing in Brazil (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 632 | 546 | 641 | 667 | 1.8% |
United States | 511 | 378 | 523 | 621 | 6.7% |
China | 487 | 699 | 808 | 487 | 0.0% |
France | 277 | 239 | 282 | 283 | 0.7% |
Mexico | 226 | 155 | 211 | 272 | 6.4% |
Italy | 154 | 129 | 174 | 186 | 6.5% |
Australia | 80.3 | 92.5 | 104 | 148 | 22.6% |
India | 122 | 78.0 | 146 | 147 | 6.4% |
Singapore | 109 | 89.5 | 121 | 136 | 7.7% |
Canada | 120 | 102 | 109 | 133 | 3.5% |
Sweden | 119 | 101 | 127 | 127 | 2.2% |
Turkey | 56.9 | 57.9 | 77.1 | 106 | 23.0% |
Russia | 95.1 | 89.1 | 110 | 99.8 | 1.6% |
Others | -2,846.2 | -2,646.8 | -3,251.5 | -3,207.1 | 4.1% |
Total | 142 | 109 | 182 | 207 | 13.4% |
Top Suppliers of Tapered Roller Bearing to Brazil in 2022:
- Germany (71.0K tons)
- United States (55.2K tons)
- China (30.4K tons)
- France (26.3K tons)
- Mexico (24.7K tons)
- Italy (19.9K tons)
- Russia (12.9K tons)
- Turkey (12.5K tons)
- Sweden (12.5K tons)
- Australia (12.1K tons)
- India (12.1K tons)
- Canada (10.9K tons)
- Singapore (9.4K tons)
Tapered Roller Bearing Exports in Brazil
In 2022, approx. 1.7K tons of tapered roller bearings were exported from Brazil; increasing by 41% compared with the previous year. Over the period under review, exports, however, showed a abrupt downturn.
In value terms, tapered roller bearing exports skyrocketed to $24M in 2022. In general, exports, however, recorded a deep setback.
Export of Tapered Roller Bearing in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 716 | 814 | 890 | 683 | -1.6% |
China | 480 | 430 | 650 | 681 | 12.4% |
United States | 543 | 428 | 492 | 647 | 6.0% |
Japan | 687 | 555 | 673 | 626 | -3.1% |
France | 388 | 316 | 383 | 369 | -1.7% |
Romania | 255 | 203 | 254 | 353 | 11.4% |
India | 163 | 140 | 230 | 260 | 16.8% |
Austria | 208 | 150 | 174 | 183 | -4.2% |
South Korea | 180 | 143 | 165 | 180 | 0.0% |
Hungary | 95.0 | 73.1 | 87.7 | 143 | 14.6% |
Poland | 105 | 100 | 136 | 140 | 10.1% |
Italy | 112 | 100 | 110 | 107 | -1.5% |
Thailand | 31.2 | 24.4 | 44.2 | 40.8 | 9.4% |
Others | -3,932.8 | -3,462.0 | -4,274.2 | -4,387.4 | 3.7% |
Total | 31.1 | 15.2 | 15.7 | 23.7 | -8.7% |
Top Export Markets for Tapered Roller Bearing from Brazil in 2022:
- China (130.1K tons)
- Japan (53.8K tons)
- Germany (45.2K tons)
- Romania (24.2K tons)
- France (23.8K tons)
- Austria (22.0K tons)
- South Korea (19.7K tons)
- India (19.6K tons)
- Poland (15.5K tons)
- Hungary (12.4K tons)
- United States (11.8K tons)
- Italy (8.2K tons)
- Thailand (8.1K tons)
This report provides an in-depth analysis of the tapered roller 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 28151053 - Tapered roller bearings (including cone and tapered roller assemblies)
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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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.
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.
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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.
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.