Italy led the European sold production of ball bearings in 2024 with 75.493 million kilograms, despite a 2.43% decline in 2023. Germany followed with a 2.05% increase from the previous year, totaling 63.16 million kilograms. Both France and Spain experienced significant drops, with decreases of 6.35% and 6.92%, respectively. Romania showed resilience with a 1.57% rise. The United Kingdom saw a slight upturn of 0.6%. Smaller producers like Finland showed remarkable growth at 466.37%, although from a low base, while Slovakia plummeted by 46.43%. Lithuania experienced no change.
Future trends to watch include technological advancements aimed at enhancing production efficiency and sustainability. Market demand is likely to be influenced by the automotive and industrial machinery sectors' recovery, alongside policy shifts towards greener economies.
Top countries in Sold Production of Ball Bearings by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 75,493,000 | 2023 | +5.6% | -2.43% | View data |
| 2 | 2 Germany | 63,160,000 | 2023 | +4.63% | +2.05% | View data |
| 3 | 3 France | 25,793,000 | 2023 | -5.36% | -6.35% | View data |
| 4 | 4 Romania | 25,791,000 | 2023 | +3.53% | +1.57% | View data |
| 5 | 5 Spain | 14,954,000 | 2023 | +1.67% | -6.92% | View data |
| 6 | 6 United Kingdom | 11,455,000 | 2023 | +0.35% | +0.6% | View data |
| 7 | 7 Portugal | 2,219,600 | 2021 | -11.66% | View data | |
| 8 | 8 Montenegro | 845,360 | 2023 | -0.74% | -4.96% | View data |
| 9 | 9 Slovakia | 502,720 | 2023 | -88.03% | -46.43% | View data |
| 10 | 10 Denmark | 152,920 | 2023 | +13.59% | +17.24% | View data |
