Italy leads in the European sold production of ball or roller bearings, despite a recent decline of 3.82% in 2023. Germany and France follow, with Germany experiencing a slight decline of 2.21%, while France saw a 2.69% increase. Spain and Slovakia experienced declines at 4.24% and 3.15% respectively. Meanwhile, Poland and Denmark showcased positive growth with Poland at 8.95% and Denmark at 9.26%. Romania, despite once being a significant contributor, reported a significant decrease of 15.04%.
Future trends to watch include Poland's continued growth and Denmark's upward trajectory, indicating potential emerging leaders. Romania's steep decline needs addressing for recovery. As production shifts due to technological advancements and economic changes, increased competition and innovation could reshape this market landscape. Monitoring these dynamics will be key for strategic advantage.
Top countries in Sold Production of Ball or Roller Bearings Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22.59 | 2023 | +4.12% | -3.82% | View data |
| 2 | 2 Germany | 14.98 | 2023 | -1.69% | -2.21% | View data |
| 3 | 3 France | 13.51 | 2023 | +10.4% | +2.69% | View data |
| 4 | 4 Spain | 12.84 | 2023 | +8.29% | -4.24% | View data |
| 5 | 5 Slovakia | 7.77 | 2023 | -7.35% | -3.15% | View data |
| 6 | 6 Romania | 6.96 | 2023 | +1.25% | -15.04% | View data |
| 7 | 7 Poland | 6.46 | 2023 | +1.13% | +8.95% | View data |
| 8 | 8 Hungary | 5.62 | 2023 | +3.96% | -2.05% | View data |
| 9 | 9 Austria | 4.33 | 2023 | +4.8% | +0.59% | View data |
| 10 | 10 United Kingdom | 2.54 | 2023 | -2.9% | -2.25% | View data |
