In 2023, the actual imports of ball or roller bearings to Germany stood at 257.50 million kilograms. The forecast from 2024 to 2028 indicates a steady increase in imports, from 262.46 to 284.89 million kilograms. The year-on-year growth from 2024 through 2028 averages approximately 2.08%. This trend reflects a compound annual growth rate (CAGR) of about 2.03% over the five-year period.
Future trends to watch for include:
- Technological advancements in manufacturing that could enhance supply chain efficiencies.
- Changes in global trade policies possibly affecting import volumes.
- Rising demand in sectors like automotive and wind energy driving import increases.