Vietnam Ball Bearings Import Research Report 2024-2033

Description

Vietnam Ball Bearings Import

Ball bearings are a type of rolling bearing that use balls as rolling elements. By reducing friction between the inner and outer rings of the bearing, ball bearings enable smoother rotary or linear motion. Compared to other types of rolling bearings, such as roller bearings or needle bearings, ball bearings offer lower friction resistance and higher operational precision. They are widely used across various industries, including automotive, electric motors and household appliances, industrial machinery, and aerospace.

According to CRI, with the rapid development of industries such as global automotive, power generation, aerospace, and manufacturing, the demand for high-performance ball bearings continues to grow. The production of ball bearings is highly concentrated in industrialized countries, with Japan, Germany, Sweden, the United States, and China commanding significant market shares. These countries not only have advanced production equipment and rich manufacturing experience but also play a crucial role in the global supply chain.

In terms of market demand, North America, Europe, and the Asia-Pacific region are the major consumers of ball bearings globally. Among these regions, Asia-Pacific is the largest bearing consumption market, with countries like Japan and China playing key roles. Europe, particularly Germany and France, has high demand for high-end bearings, while North America’s demand is largely driven by the automotive and aerospace sectors, which require precision bearings.

In recent years, Vietnam’s ball bearing market has grown steadily, driven by industrialization and expansion in manufacturing sectors, especially in automotive production, industrial machinery, and electronics. Due to Vietnam’s limited manufacturing capacity for ball bearings, the market primarily depends on imports. CRI data shows that Vietnam’s total imports of ball bearings reached USD 258 million in 2023, with imports in the first seven months of 2024 nearing USD 188 million, indicating continued growth.

CRI’s analysis indicates that the main sources of ball bearings imports to Vietnam include China, Taiwan, Singapore, Hong Kong, Thailand, the United States, South Korea, and Japan. China, due to its proximity, complete industrial chain, and cost-effective products, is one of the key suppliers of ball bearings to Vietnam. According to CRI, from 2021 to 2024, China, Singapore, and South Korea were the primary import sources for Vietnam. Key exporters of ball bearings to Vietnam include companies like HANMEGA CO LTD, NTN BEARING-SINGAPORE (PTE) LTD, and NACHI TECHNOLOGY (THAILAND) CO LTD. Major importers of ball bearings in Vietnam between 2021 and 2024 include HANMEGA VINA CO LTD, NSK VIETNAM CO LTD, and NTN BEARING VIETNAM CO LTD.

Vietnam’s ball bearing market is continuing to expand, driven by the growth of its domestic manufacturing industry, especially in the industrial machinery sector. As the production capacity of ball bearings in Vietnam remains limited, the country will continue to rely on imports to meet its domestic demand. CRI forecasts that imports of ball bearings to Vietnam will continue to grow in the coming years. CRI suggests that overseas ball bearing manufacturers conduct market research on Vietnam, understand the current state of the bearing industry, and explore investment opportunities, especially if considering the establishment of manufacturing plants in Vietnam.

 

Topics covered:

• The Import and Export of Ball Bearings in Vietnam (2021-2024)
• Total Import Volume and Percentage Change of Ball Bearings in Vietnam (2021-2024)
• Total Import Value and Percentage Change of Ball Bearings in Vietnam (2021-2024)
• Total Import Volume and Percentage Change of Ball Bearings in Vietnam (2024)
• Total Import Value and Percentage Change of Ball Bearings in Vietnam (2024)
• Average Import Price of Ball Bearings in Vietnam (2021-2024)
• Top 10 Sources of Ball Bearings Imports in Vietnam and Their Supply Volume
• Top 10 Suppliers in the Import Market of Ball Bearings in Vietnam and Their Supply Volume
• Top 10 Importers of Ball Bearings in Vietnam and Their Import Volume
• How to Find Distributors and End Users of Ball Bearings in Vietnam
• How Foreign Enterprises Enter the Ball Bearings Market of Vietnam
• Forecast for the Import of Ball Bearings in Vietnam (2024-2033)

 

Table of Contents

1 Overview of Vietnam

1.1 Geography of Vietnam

1.2 Economic Condition of Vietnam

1.3 Demographics of Vietnam

1.4 Domestic Market of Vietnam

1.5 Recommendations for Foreign Enterprises Entering Vietnam Ball Bearings Imports Market

 

2 Analysis of Ball Bearings Imports in Vietnam (2021-2024)

2.1 Import Scale of Ball Bearings in Vietnam

2.1.1 Import Value and Volume of Ball Bearings in Vietnam

2.1.2 Import Prices of Ball Bearings in Vietnam

2.1.3 Apparent Consumption of Ball Bearings in Vietnam

2.1.4 Import Dependency of Ball Bearings in Vietnam

2.2 Major Sources of Ball Bearings Imports in Vietnam

 

3 Analysis of Major Sources of Ball Bearings Imports in Vietnam (2021-2024)

3.1 China

3.1.1 Analysis of Vietnam’s Ball Bearings Import Volume and Value from China

3.1.2 Analysis of Average Import Price

3.2 Singapore

3.2.1 Analysis of Vietnam’s Ball Bearings Import Volume and Value from Singapore

3.2.2 Analysis of Average Import Price

3.3 South Korea

3.3.1 Analysis of Vietnam’s Ball Bearings Import Volume and Value from South Korea

3.3.2 Analysis of Average Import Price

3.4 Japan

3.5 Thailand

3.6 Hong Kong

 

4 Analysis of Major Suppliers in the Import Market of Ball Bearings in Vietnam (2021-2024)

4.1 HANMEGA CO LTD

4.1.1 Company Introduction

4.1.2 Analysis of Ball Bearings Exports to Vietnam

4.2 NTN BEARING-SINGAPORE (PTE)LTD

4.2.1 Company Introduction

4.2.2 Analysis of Ball Bearings Exports to Vietnam

4.3 NACHI TECHNOLOGY (THAILAND) CO LTD

4.3.1 Company Introduction

4.3.2 Analysis of Ball Bearings Exports to Vietnam

4.4 Exporter 4

4.4.1 Company Introduction

4.4.2 Analysis of Ball Bearings Exports to Vietnam

4.5 Exporter 5

4.5.1 Company Introduction

4.5.2 Analysis of Ball Bearings Exports to Vietnam

4.6 Exporter 6

4.6.1 Company Introduction

4.6.2 Analysis of Ball Bearings Exports to Vietnam

4.7 Exporter 7

4.7.1 Company Introduction

4.7.2 Analysis of Ball Bearings Exports to Vietnam

4.8 Exporter 8

4.8.1 Company Introduction

4.8.2 Analysis of Ball Bearings Exports to Vietnam

4.9 Exporter 9

4.9.1 Company Introduction

4.9.2 Analysis of Ball Bearings Exports to Vietnam

4.10 Exporter 10

4.10.1 Company Introduction

4.10.2 Analysis of Ball Bearings Exports to Vietnam

 

5 Analysis of Major Importers in the Import Market of Ball Bearings in Vietnam (2021-2024)

5.1 HANMEGA VINA CO LTD

5.1.1 Company Introduction

5.1.2 Analysis of Ball Bearings Imports

5.2 NSK VIETNAM CO LTD

5.2.1 Company Introduction

5.2.2 Analysis of Ball Bearings Imports

5.3 NTN BEARING VIETNAM CO LTD

5.3.1 Company Introduction

5.3.2 Analysis of Ball Bearings Imports

5.4 Importer 4

5.4.1 Company Introduction

5.4.2 Analysis of Ball Bearings Imports

5.5 Importer 5

5.5.1 Company Introduction

5.5.2 Analysis of Ball Bearings Imports

5.6 Importer 6

5.6.1 Company Introduction

5.6.2 Analysis of Ball Bearings Imports

5.7 Importer 7

5.7.1 Company Introduction

5.7.2 Analysis of Ball Bearings Imports

5.8 Importer 8

5.8.1 Company Introduction

5.8.2 Analysis of Ball Bearings Imports

5.9 Importer 9

5.9.1 Company Introduction

5.9.2 Analysis of Ball Bearings Imports

5.10 Importer 10

5.10.1 Company Introduction

5.10.2 Analysis of Ball Bearings Imports

 

6. Monthly Analysis of Ball Bearings Imports in Vietnam from 2021 to 2024

6.1 Analysis of Monthly Import Value and Volume

6.2 Forecast of Monthly Average Import Prices

 

7. Key Factors Affecting Ball Bearings Imports in Vietnam

7.1 Policy

7.1.1 Current Import Policies

7.1.2 Trend Predictions for Import Policies

7.2 Economic

7.2.1 Market Prices

7.2.2 Growth Trends of Ball Bearings Production Capacity in Vietnam

7.3 Technology

 

8. Forecast for the Import of Ball Bearings in Vietnam, 2024-2033

 

 

LIST OF CHARTS

Chart 2021-2024 Import Value and Volume of Ball Bearings in Vietnam

Chart 2021-2024 Average Import Price of Ball Bearings in Vietnam

Chart 2021-2024 Import Dependency of Ball Bearings in Vietnam

Chart Top 10 Import Sources of Ball Bearings in Vietnam (2021-2024)

Chart Top 10 Import Sources of Ball Bearings in Vietnam (2022)

Chart Top 10 Import Sources of Ball Bearings in Vietnam (2023)

Chart Top 10 Import Sources of Ball Bearings in Vietnam (2024)

Chart Top 10 Suppliers of Ball Bearings Imports in Vietnam (2021-2024)

Chart Top 10 Suppliers of Ball Bearings Imports in Vietnam (2022)

Chart Top 10 Suppliers of Ball Bearings Imports in Vietnam (2023)

Chart Top 10 Suppliers of Ball Bearings Imports in Vietnam (2024)

Chart Value and Volume of Ball Bearings Imported from China to Vietnam (2021-2024)

Chart Value and Volume of Ball Bearings Imported from Singapore to Vietnam (2021-2024)

Chart Value and Volume of Ball Bearings Imported from South Korea to Vietnam (2021-2024)

Chart Value and Volume of Ball Bearings Imported from Japan to Vietnam (2021-2024)

Chart Top 10 Importers of Ball Bearings in Vietnam (2021-2024)

Chart Top 10 Importers of Ball Bearings in Vietnam (2022)

Chart Top 10 Importers of Ball Bearings in Vietnam (2023)

Chart Top 10 Importers of Ball Bearings in Vietnam (2024)

Chart Forecast for the Import of Ball Bearings in Vietnam (2024-2033)