In 2023, Italy led the European export of bearing housings incorporating ball or roller bearings, contributing 18.46% of the total share by volume. Germany trailed closely with 17.76%, while the United Kingdom and France held 15.28% and 14.11%, respectively. Countries like Slovakia and Ireland showed significant positive growth, with year-on-year variations highlighting their strong performance at 43.6% and 43.57%, respectively. Conversely, Spain saw a dramatic decline, with a complete drop of its export share in this category from the previous year.
Future trends to watch in the European export market for bearing housings could include:
- The continued rise of Slovakia and Ireland as vital players due to aggressive growth trends.
- A potential rebound for countries like Spain based on strategic market adjustments.
- Technology advancements and innovation in the bearing housings sector, influencing export capabilities.
- Impact of geopolitical factors and intraregional trade agreements on the distribution of export shares.
Top countries in Export of Bearing Housings Incorporating Ball or Roller Bearings Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 18.46 | 2023 | +19.9% | +2.9% | View data |
| 2 | 2 Germany | 17.76 | 2023 | -0.14% | -0.58% | View data |
| 3 | 3 United Kingdom | 15.28 | 2023 | -0.18% | -1.53% | View data |
| 4 | 4 France | 14.11 | 2023 | +8.18% | -1.96% | View data |
| 5 | 5 Belgium | 6.26 | 2023 | +0.9% | +1.78% | View data |
| 6 | 6 Czechia | 6.05 | 2023 | |||
| 7 | 7 Slovakia | 5.36 | 2023 | +2.77% | +43.6% | View data |
| 8 | 8 Netherlands | 4.76 | 2023 | +1.66% | +0.42% | View data |
| 9 | 9 Sweden | 3.56 | 2023 | +0.54% | +8.59% | View data |
| 10 | 10 Poland | 1.74 | 2023 | +3.6% | -4.17% | View data |
