The 2023 European sold production of ball or roller bearings showcased Italy as the leader, followed by Germany, France, and Spain. While Italy and Germany saw slight reductions in production, France exhibited growth. Notable increases in production were observed in Poland and Denmark, while Romania and Portugal experienced significant declines. Lithuania displayed remarkable growth, although from a much smaller base. Over the last five years, the compounded annual growth rates reveal varied performances across countries, with Poland and Lithuania seeing significant increases and others, like Romania and Portugal, witnessing declines.
Future trends to watch in the European market include the impact of technological advancements and increasing demand for lightweight and high-precision bearings. Additionally, geopolitical shifts and supply chain adjustments could play crucial roles in shaping production outputs in the coming years, potentially affecting countries differently across Europe.
Top countries in Sold Production of Ball or Roller Bearings by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 90,237,000 | 2023 | +4.12% | -3.82% | View data |
| 2 | 2 Germany | 59,833,000 | 2023 | -1.69% | -2.21% | View data |
| 3 | 3 France | 53,965,000 | 2023 | +10.4% | +2.69% | View data |
| 4 | 4 Spain | 51,313,000 | 2023 | +8.29% | -4.24% | View data |
| 5 | 5 Slovakia | 31,033,000 | 2023 | -7.35% | -3.15% | View data |
| 6 | 6 Romania | 27,798,000 | 2023 | +1.25% | -15.04% | View data |
| 7 | 7 Poland | 25,810,000 | 2023 | +1.13% | +8.95% | View data |
| 8 | 8 Hungary | 22,449,000 | 2023 | +3.96% | -2.05% | View data |
| 9 | 9 Austria | 17,284,000 | 2023 | +4.8% | +0.59% | View data |
| 10 | 10 United Kingdom | 10,148,000 | 2023 | -2.9% | -2.25% | View data |
