In 2023, Slovakia and Germany dominated the European export of bearing housings and plain shaft bearings by weight, with Slovakia showing an impressive year-on-year growth of 75.14%. Germany remained stable, while Italy, Sweden, and Belgium showed modest improvements. Declines were noted in the United Kingdom and France, with France experiencing a decrease of 3.89%. Noteworthy positive changes were seen in Finland (18.23%), Latvia (11.46%), and Greece (48.71%). While smaller exporters like Malta and Cyprus saw significant percentage increases, their overall impact remains minimal.
Future trends to watch include the technological advancements in manufacturing processes contributing to efficiency gains in Slovakia and increasing competitive pressures from emerging markets. Additionally, environmental regulations across Europe may impact production processes and export capabilities, influencing future trends in this sector.
Top countries in Export of Bearing Housings and Plain Shaft Bearings Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 39.43 | 2023 | +7.13% | +75.14% | View data |
| 2 | 2 Germany | 20.91 | 2023 | +7.09% | -0.34% | View data |
| 3 | 3 Italy | 5.22 | 2023 | +6.13% | +0.24% | View data |
| 4 | 4 France | 4.62 | 2023 | +5.97% | -3.89% | View data |
| 5 | 5 Sweden | 4.05 | 2023 | +5.31% | +3.16% | View data |
| 6 | 6 Belgium | 4 | 2023 | +16.52% | +7.18% | View data |
| 7 | 7 Czechia | 3.03 | 2023 | |||
| 8 | 8 United Kingdom | 2.88 | 2023 | -1.68% | -5.34% | View data |
| 9 | 9 Netherlands | 2.64 | 2023 | +6.03% | +5.45% | View data |
| 10 | 10 Spain | 2.55 | 2023 | +5.35% | +7.89% | View data |
