Germany leads the European import of ball or roller bearings, holding a significant market share of 32.71%. Italy and France follow with nearly 10% each, while the United Kingdom has a modest share of 2.33%. In 2023, notable year-on-year growth was observed in Denmark and Ireland, whereas Slovakia saw a substantial decline. Over the last five years, Portugal and Malta exhibited high compound annual growth rates (CAGR).
Future trends to watch include continued growth in countries like Portugal, Hungary, and Slovenia. Additionally, the impact of economic conditions and technological advancements on supply chains could reshape market dynamics.
Top countries in Import of Ball or Roller Bearings Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32.71 | 2023 | +5.37% | +0.65% | View data |
| 2 | 2 Italy | 9.97 | 2023 | +6.01% | -0.57% | View data |
| 3 | 3 France | 9.71 | 2023 | +5.36% | +0.64% | View data |
| 4 | 4 Netherlands | 7.94 | 2023 | +5.48% | +1.11% | View data |
| 5 | 5 Spain | 6.14 | 2023 | +2.1% | +0.45% | View data |
| 6 | 6 Belgium | 5.38 | 2023 | +2.23% | -1.34% | View data |
| 7 | 7 Sweden | 3.85 | 2023 | -0.041% | -0.45% | View data |
| 8 | 8 Denmark | 3.79 | 2023 | +3.8% | +8.89% | View data |
| 9 | 9 Poland | 3.57 | 2023 | +1.96% | +0.79% | View data |
| 10 | 10 Czechia | 2.98 | 2023 |