The European sold production share of parts of ball or roller bearings reflects significant geographical concentration, with Germany leading at nearly 50%, followed by Slovakia and Sweden. In 2023, there was a decline across most countries, notably Slovakia, Sweden, and France. Amidst a shrinking market, Estonia remained stable with no change. Over five years, Germany and others witnessed varied, often negative, compound annual growth rates, indicating overall volatility.
Future trends may likely emphasize technological innovations in bearing production, supply chain adaptations post-Brexit, and potential shifts towards renewable energy sectors, impacting demand dynamics across Europe.
Top countries in Sold Production of Parts of Ball or Roller Bearings Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 49.67 | 2023 | +5.33% | -0.077% | View data |
| 2 | 2 Slovakia | 21.41 | 2023 | +0.51% | -2.27% | View data |
| 3 | 3 Sweden | 16.11 | 2023 | -0.6% | -4.32% | View data |
| 4 | 4 France | 4.5 | 2023 | +12.3% | -5.24% | View data |
| 5 | 5 Italy | 2.5 | 2021 | +35.48% | +11.56% | View data |
| 6 | 6 Hungary | 0.84 | 2023 | -3.45% | -1.16% | View data |
| 7 | 7 Spain | 0.4 | 2023 | -19.67% | -10.52% | View data |
| 8 | 8 Denmark | 0.2 | 2023 | +4.83% | -0.61% | View data |
| 9 | 9 Estonia | 0.004 | 2023 | +24.89% | View data |
