In 2023, Slovakia led European exports in bearing housings not incorporating ball or roller bearings, plain shaft bearings, with a notable 76.18% increase, maintaining its top position. Germany, a significant player, saw a slight decrease of 1.46%, while countries like Spain and Portugal experienced strong growth at 7.71% and 7.13% respectively. Notably, Romania grew by 8.19%, and Finland improved by 10.21%. In contrast, Denmark faced a substantial decline at 27.6%. Over five years, the European market has shown diverse growth patterns, with Slovakia's remarkable growth contrasting with more moderate or declining trends elsewhere.
Future trends to watch include:
- Growth potential in Eastern European markets like Romania and Slovenia.
- Germany's potential recovery or continued stagnation in export volumes.
- Sustainability initiatives possibly affecting production and export strategies.
- Impacts of technological advancements on production efficiencies.
Top countries in Export of Bearing Housings Not Incorporating Ball or Roller Bearings, Plain Shaft Bearings by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 89,754,000 | 2023 | +7.2% | +76.18% | View data |
| 2 | 2 Germany | 33,200,000 | 2023 | +8.49% | -1.46% | View data |
| 3 | 3 Sweden | 8,609,300 | 2021 | +13.15% | +1.59% | View data |
| 4 | 4 Spain | 5,673,200 | 2023 | -1.19% | +7.71% | View data |
| 5 | 5 Poland | 5,528,600 | 2023 | +2.33% | +1.57% | View data |
| 6 | 6 Czechia | 5,480,800 | 2021 | |||
| 7 | 7 Netherlands | 5,413,100 | 2023 | +7.56% | +7% | View data |
| 8 | 8 Belgium | 4,369,900 | 2023 | +12.24% | +3% | View data |
| 9 | 9 Austria | 4,210,600 | 2023 | -4.33% | -5.08% | View data |
| 10 | 10 Croatia | 2,761,600 | 2023 | +3.06% | +2.8% | View data |
