The European export share of ball bearings in kilograms in 2024 is led by Italy at 24.28%, with Germany and the Netherlands following at 15.01% and 14.58% respectively. Year-on-year changes from 2023 reveal a decline in Italy's (-4.34%) and Germany's (-5.83%) exports, while the Netherlands saw slight growth (0.96%). Notable double-digit increases were seen in exports from Greece (31.15%) and Denmark (16.86%). France and Portugal had a sharp decline of -100%. The last five-year CAGR highlights fluctuations with emerging upward trends in smaller markets like Latvia and Estonia.
Future trends to watch include potential recovery in major markets and continuing growth in smaller markets driven by economic initiatives and industry diversification. Monitoring trade agreements and technology advancements will be essential for understanding shifts in export dynamics. Additionally, the expansion of Eastern European countries could play a significant role in reshaping the competitive landscape of ball bearing exports in the region.
Top countries in Export of Ball Bearings Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 24.28 | 2023 | -0.71% | -4.34% | View data |
| 2 | 2 Germany | 15.01 | 2023 | +22.65% | -5.83% | View data |
| 3 | 3 Netherlands | 14.58 | 2023 | +6.57% | +0.96% | View data |
| 4 | 4 Poland | 8.85 | 2023 | +2.1% | +0.71% | View data |
| 5 | 5 Spain | 7.81 | 2023 | +0.37% | -0.8% | View data |
| 6 | 6 Slovakia | 5.92 | 2023 | +0.23% | -3.71% | View data |
| 7 | 7 Austria | 4.57 | 2023 | +8.01% | +1.31% | View data |
| 8 | 8 Romania | 4.19 | 2023 | +1.55% | -3.62% | View data |
| 9 | 9 Belgium | 3.8 | 2023 | +4.23% | +0.91% | View data |
| 10 | 10 France | 2.8 | 2023 | -26.13% | View data |
