The Bearing Housings and Plain Shaft Bearings market in Finland reached a volume of 1.7358 Million Kilograms in 2023. Over the last decade, the market has experienced fluctuations, with notable declines from 2018 to 2019 but a return to growth aligns with incremental increases from 2020 onward. The year-on-year growth between 2022 and 2023 was 2.69%, while the five-year CAGR is virtually flat at 0.052%, indicating stability in recent years.
Looking forward, key trends to watch include technological advancements in bearing materials, increasing demand from the wind energy sector, and shifts toward environmentally sustainable solutions, which may influence market dynamics significantly. Monitoring global supply chain challenges and their impact on production will also be critical.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48,448,000 | 2023 | +3.24% | +0.49% | View data |
| 2 | 2 France | 10,402,000 | 2023 | +1.68% | -0.98% | View data |
| 3 | 3 Netherlands | 2,642,600 | 2023 | +1.64% | +0.34% | View data |
| 4 | 4 Finland | 1,735,800 | 2023 | +2.69% | +0.052% | |
| 5 | 5 Lithuania | 147,070 | 2023 | +3.25% | +3.16% | View data |
