Germany leads the global export of needle roller bearings, closely trailed by Japan and China. The US holds a sizable market share. Eastern European countries like Slovakia and the Czech Republic are emerging as significant contributors. France, South Korea, and other Western European nations also hold moderate shares. Noticeable growth in exports is observed from Slovakia, South Korea, and Mexico. Conversely, European countries such as Switzerland and Spain show slight declines. Surprisingly, Malaysia exhibits an extraordinary increase in export value, signifying emerging market dynamics.
Future trends to monitor include potential shifts as Eastern countries elevate production capacity and rising adoption of digitalization and automation technologies, propelling demand for roller bearings.
Top countries in Export of Needle Roller Bearings Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.6 | 2023 | +0.25% | +1.36% | View data |
| 2 | 2 Japan | 20.77 | 2023 | +1.7% | +0.8% | View data |
| 3 | 3 China | 15.11 | 2023 | +2.81% | +2.84% | View data |
| 4 | 4 United States | 10.27 | 2023 | +2.71% | +3.21% | View data |
| 5 | 5 Slovakia | 8.27 | 2023 | +1.07% | +4.37% | View data |
| 6 | 6 France | 4.86 | 2023 | +0.44% | +0.52% | View data |
| 7 | 7 South Korea | 4.71 | 2023 | +4.27% | +4.57% | View data |
| 8 | 8 Netherlands | 3.65 | 2023 | +4.11% | +3.95% | View data |
| 9 | 9 Czech Republic | 2.4 | 2023 | +4.32% | +0.88% | View data |
| 10 | 10 Mexico | 1.86 | 2023 | +3.96% | +4.81% | View data |
