The European import of bearings, gears, gearing, and driving elements reveals Germany as the leading importer with an impressive value of 812.45 million kg as of 2023, followed by France and Italy with values of 315.06 and 290.05 million kg, respectively. Notable year-on-year increases include Cyprus with an 8.15% rise, Lithuania at 4.21%, and Denmark at 3.2%, signaling positive growth trends. Conversely, reductions in import volumes were observed in Slovakia with a significant decline of 4.51%, Portugal down by 3.91%, and Romania by 1.63%.
Future trends to watch for European imports of these elements include:
- Technological advancements such as smart bearing technologies could drive demand.
- An increasing focus on sustainability may influence new supplier selections.
- Shifts in manufacturing hubs may alter import patterns towards Eastern and Central Europe.
Top countries in Import of Bearings, Gears, Gearing and Driving Elements by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 812,450,000 | 2023 | +6.34% | +0.62% | View data |
| 2 | 2 France | 315,060,000 | 2023 | +3.35% | +3.02% | View data |
| 3 | 3 Italy | 290,050,000 | 2023 | +6.53% | +1.11% | View data |
| 4 | 4 United Kingdom | 217,430,000 | 2023 | +1.04% | +0.046% | View data |
| 5 | 5 Spain | 172,610,000 | 2023 | +7.21% | +0.18% | View data |
| 6 | 6 Poland | 155,760,000 | 2023 | +2.25% | +2.36% | View data |
| 7 | 7 Austria | 147,270,000 | 2023 | +7.76% | +1.29% | View data |
| 8 | 8 Sweden | 135,120,000 | 2023 | +7.37% | +0.67% | View data |
| 9 | 9 Netherlands | 131,280,000 | 2023 | +4.78% | +0.56% | View data |
| 10 | 10 Denmark | 117,310,000 | 2023 | +2.06% | +3.2% | View data |
