Forecast: Import of Bearings Including Combined Ball or Roller Bearings to the US

In 2023, the import of bearings including combined ball or roller bearings to the US stood at approximately 1.336 million kilograms. For 2024, the forecast is 1.3255 million kilograms, representing a slight decline of 0.79% year-over-year. This decreasing trend continues through 2028, with a projected 0.85% decrease from 2025 to 2026, a decline of 0.79% from 2026 to 2027, and a further decline of 0.79% from 2027 to 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates an average annual decline of approximately 0.79%.

Future trends to watch for include:

  • Technological advancements in manufacturing which may influence the demand and supply dynamics of bearings.
  • Changes in trade policies impacting import tariffs, which could affect import volumes.
  • Global economic conditions that might alter industrial activities and, consequently, the need for bearings.

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