Bolivia - Ball Bearings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBolivia: Ball Bearing Market 2024
Ball Bearing Market Size in Bolivia
After two years of growth, the Bolivian ball bearing market decreased by X% to $X in 2023. Over the period under review, consumption, however, posted prominent growth. Over the period under review, the market reached the peak level at $X in 2022, and then reduced in the following year.
Ball Bearing Exports
Exports from Bolivia
In 2023, overseas shipments of ball bearings decreased by X% to X kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2023, the growth of the exports remained at a lower figure.
In value terms, ball bearing exports dropped remarkably to $X in 2023. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2023, the growth of the exports failed to regain momentum.
Exports by Country
China was the main exporter of ball bearings in the world, with the volume of exports recording X tons, which was approx. X% of total exports in 2023. It was distantly followed by Japan (X tons), Germany (X tons) and Italy (X tons), together comprising a X% share of total exports. The following exporters - South Korea (X tons), the Netherlands (X tons), France (X tons), Poland (X tons), Thailand (X tons), the United States (X tons), Singapore (X tons) and Slovakia (X tons) - together made up X% of total exports.
China was also the fastest-growing in terms of the ball bearings exports, with a CAGR of X% from 2013 to 2023. At the same time, Thailand (X%), the Netherlands (X%) and Poland (X%) displayed positive paces of growth. South Korea, Italy, Japan and Germany experienced a relatively flat trend pattern. By contrast, France (X%), Slovakia (X%), Singapore (X%) and the United States (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the global exports, while South Korea, Slovakia, Italy, France, Singapore, the United States, Germany and Japan saw its share reduced by X%, X%, X%, X%, X%, X%, X% and X% from 2013 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest ball bearing supplying countries from Bolivia were China ($X), Germany ($X) and Japan ($X), with a combined X% share of total exports. Italy, the United States, France, the Netherlands, Thailand, South Korea, Poland, Singapore and Slovakia lagged somewhat behind, together accounting for a further X%.
In terms of the main exporting countries, Thailand, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the export price in Bolivia amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while China ($X per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other leaders experienced more modest paces of growth.
Ball Bearing Imports
Imports into Bolivia
In 2023, supplies from abroad of ball bearings decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports, however, saw a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2022, and then fell dramatically in the following year.
In value terms, ball bearing imports contracted to $X in 2023. Overall, total imports indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then contracted modestly in the following year.
Imports by Country
In 2023, Germany (X tons), followed by the United States (X tons), China (X tons) and Mexico (X tons) represented the largest importers of ball bearings, together making up X% of total imports. Italy (X tons), the Netherlands (X tons), Brazil (X tons), France (X tons), Indonesia (X tons), South Korea (X tons), Japan (X tons), Turkey (X tons) and Spain (X tons) followed a long way behind the leaders.
From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), China ($X) and the United States ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports. Mexico, Italy, France, the Netherlands, Japan, South Korea, Brazil, Turkey, Indonesia and Spain lagged somewhat behind, together comprising a further X%.
In terms of the main importing countries, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the import price in Bolivia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, recorded a deep setback. Bolivia import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was China ($X per ton), while Indonesia ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the ball bearing market in Bolivia. 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:
- Bolivia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bolivia
- 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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