Germany leads European exports of bearings, gears, gearing, and driving elements in 2024, accounting for a substantial share. Italy, Slovakia, and France follow, with varying contributions. Notably, Slovakia shows significant growth, with a 12.64% increase in the previous year, while France and the United Kingdom experienced declines. Emerging markets like Greece and Malta display remarkable growth, indicating potential future increases in export volume. Overall, most countries present steady moderate growth with minor fluctuations over recent years.
Future trends to watch for include:
- Continued growth in Eastern Europe, particularly Slovakia, Romania, and Lithuania, driven by increased production capabilities and investment in technology.
- Potential shifts in export patterns due to changing European Union policies and global market demands.
- Innovation in manufacturing and technology contributing to export performance enhancements across the region.
Top countries in Export of Bearings, Gears, Gearing and Driving Elements by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,008,300,000 | 2023 | +5.56% | +0.95% | View data |
| 2 | 2 Italy | 419,350,000 | 2023 | +5.84% | +0.36% | View data |
| 3 | 3 Slovakia | 225,840,000 | 2023 | +3.92% | +12.64% | View data |
| 4 | 4 France | 181,740,000 | 2023 | +2.7% | -0.87% | View data |
| 5 | 5 Spain | 179,850,000 | 2023 | +5.91% | +0.91% | View data |
| 6 | 6 Poland | 121,280,000 | 2023 | +2.08% | +1.48% | View data |
| 7 | 7 Belgium | 118,050,000 | 2023 | +5.42% | +1.49% | View data |
| 8 | 8 Netherlands | 115,540,000 | 2023 | +6.27% | +2.64% | View data |
| 9 | 9 Denmark | 88,836,000 | 2023 | +5.36% | +3.52% | View data |
| 10 | 10 Austria | 82,010,000 | 2023 | +8.72% | +1.6% | View data |
