In 2023, Germany led European sold production of ball or roller bearings, followed by France and Italy. Germany's production grew by 0.47%, while France rose by 0.38%. Italy faced a slight downturn at -1.35%. Slovakia and Spain showed positive trends with increases of 0.63% and 0.68%, respectively. Romania declined by 1.32%, while Hungary saw a substantial increase of 3.17%. The UK experienced a significant decline of 5.58%. Noteworthy fluctuations included Finland's massive 86.17% rise and a 39.13% spike in Lithuania.
Future trends to watch include potential shifts in the electric vehicle industry affecting demand, supply chain dynamics altering production costs, and geopolitical factors impacting trade regulations. Innovation in manufacturing processes could play a key role in reshaping market landscapes.
Top countries in Sold Production of Ball or Roller Bearings by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,404,600,000 | 2023 | +2.57% | +0.47% | View data |
| 2 | 2 France | 1,010,200,000 | 2023 | +5.49% | +0.38% | View data |
| 3 | 3 Italy | 909,230,000 | 2023 | +1.9% | -1.35% | View data |
| 4 | 4 Slovakia | 371,480,000 | 2023 | -0.39% | +0.63% | View data |
| 5 | 5 Romania | 364,660,000 | 2023 | +3.5% | -1.32% | View data |
| 6 | 6 Spain | 300,920,000 | 2023 | +3.61% | +0.68% | View data |
| 7 | 7 Austria | 185,960,000 | 2023 | +5.63% | +0.07% | View data |
| 8 | 8 Poland | 144,880,000 | 2023 | +0.9% | +0.25% | View data |
| 9 | 9 Hungary | 139,140,000 | 2023 | +5.13% | +3.17% | View data |
| 10 | 10 United Kingdom | 122,740,000 | 2023 | -6.62% | -5.58% | View data |
