Hong Kong SAR, China - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpherical Roller Bearing Price in Hong Kong SAR - 2023
Contents:
- Spherical Roller Bearing Price in Hong Kong SAR (CIF) - 2022
- Spherical Roller Bearing Price in Hong Kong SAR (FOB) - 2022
- Spherical Roller Bearing Imports in Hong Kong SAR
- Spherical Roller Bearing Exports in Hong Kong SAR
Spherical Roller Bearing Price in Hong Kong SAR (CIF) - 2022
In 2022, the import price in Hong Kong SAR amounted to $17,530 per ton, shrinking by -2% against the previous year. In general, the import price showed a mild decrease. The most prominent rate of growth was recorded in 2021 when the import price increased by 13% against the previous year. Hong Kong SAR import price peaked at $21,115 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($19,597 per ton), while Thailand ($6,369 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.6%), while the other leaders experienced a decline in the import price figures.
Spherical Roller Bearing Price in Hong Kong SAR (FOB) - 2022
The export price in Hong Kong SAR stood at $18,206 per ton in 2022, waning by -2% against the previous year. Overall, the export price showed a slight decline. The pace of growth was the most pronounced in 2014 an increase of 12%. As a result, the export price reached the peak level of $22,536 per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($74,184 per ton), while China ($6,223 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 (+13.9%), while the other leaders experienced more modest paces of growth.
Spherical Roller Bearing Imports in Hong Kong SAR
In 2022, overseas purchases of spherical roller bearings decreased by -28% to 1K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2020 when imports increased by 35%. As a result, imports attained the peak of 2.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, spherical roller bearing imports shrank significantly to $18M in 2022. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, imports attained the peak of $44M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Spherical Roller Bearing in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 244 | 325 | 306 | 247 | 0.4% |
| United States | 224 | 170 | 182 | 231 | 1.0% |
| India | 120 | 85.1 | 141 | 155 | 8.9% |
| Germany | 123 | 112 | 134 | 144 | 5.4% |
| France | 90.6 | 78.5 | 93.9 | 103 | 4.4% |
| Brazil | 48.5 | 44.0 | 72.4 | 81.6 | 18.9% |
| Italy | 74.3 | 54.6 | 72.4 | 70.8 | -1.6% |
| South Korea | 75.6 | 68.7 | 75.4 | 69.8 | -2.6% |
| Turkey | 35.4 | 41.6 | 50.6 | 68.6 | 24.7% |
| Singapore | 122 | 116 | 97.0 | 68.2 | -17.6% |
| Russia | 56.3 | 51.8 | 55.2 | 53.5 | -1.7% |
| Denmark | 72.2 | 64.2 | 81.2 | 50.9 | -11.0% |
| Thailand | 33.5 | 31.4 | 30.8 | 33.4 | -0.1% |
| Others | -1,286.5 | -1,198.5 | -1,368.2 | -1,359.1 | 1.8% |
| Total | 33.1 | 44.0 | 25.0 | 17.6 | -19.0% |
Top Suppliers of Spherical Roller Bearing to Hong Kong SAR in 2022:
- China (17.0K tons)
- United States (11.8K tons)
- Germany (10.1K tons)
- India (9.3K tons)
- Russia (7.2K tons)
- France (6.8K tons)
- Brazil (6.6K tons)
- Denmark (6.3K tons)
- South Korea (5.7K tons)
- Thailand (5.2K tons)
- Turkey (5.0K tons)
- Italy (4.3K tons)
- Singapore (4.2K tons)
Spherical Roller Bearing Exports in Hong Kong SAR
In 2022, approx. 423 tons of spherical roller bearings were exported from Hong Kong SAR; reducing by -22.9% on 2021. Over the period under review, exports recorded a precipitous decrease. The smallest decline of -7.8% was in 2020.
In value terms, spherical roller bearing exports fell markedly to $7.7M in 2022. In general, exports continue to indicate a precipitous slump. The smallest decline of -8.1% was in 2020.
| Export of Spherical Roller Bearing in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 316 | 328 | 377 | 358 | 4.2% |
| Germany | 318 | 379 | 418 | 339 | 2.2% |
| China | 210 | 177 | 248 | 280 | 10.1% |
| Japan | 244 | 215 | 219 | 223 | -3.0% |
| United States | 141 | 117 | 103 | 123 | -4.5% |
| Romania | 109 | 56.8 | 54.9 | 111 | 0.6% |
| United Kingdom | 128 | 84.8 | 38.5 | 95.7 | -9.2% |
| France | 81.4 | 75.4 | 92.1 | 93.1 | 4.6% |
| Malaysia | 55.6 | 54.5 | 87.5 | 71.0 | 8.5% |
| Singapore | 149 | 128 | 118 | 63.9 | -24.6% |
| Italy | 53.7 | 36.1 | 43.4 | 50.1 | -2.3% |
| Czech Republic | 24.4 | 28.9 | 30.8 | 22.6 | -2.5% |
| Belarus | 16.4 | 14.6 | 15.4 | 16.5 | 0.2% |
| Others | -1,826.8 | -1,676.3 | -1,835.7 | -1,839.7 | 0.2% |
| Total | 19.3 | 17.8 | 10.2 | 7.7 | -26.4% |
Top Export Markets for Spherical Roller Bearing from Hong Kong SAR in 2022:
- China (45.0K tons)
- Germany (19.6K tons)
- Sweden (19.4K tons)
- Japan (18.4K tons)
- Romania (11.5K tons)
- France (4.7K tons)
- Malaysia (3.8K tons)
- United Kingdom (3.6K tons)
- Singapore (3.5K tons)
- Italy (2.7K tons)
- Belarus (2.3K tons)
- Czech Republic (1.9K tons)
- United States (1.7K tons)
This report provides an in-depth analysis of the spherical roller bearing market in Hong Kong SAR, China. 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 28151055 - Spherical roller bearings
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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
-
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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