The import of bearing housings and plain shaft bearings to Germany is forecasted to grow from 49.358 million kilograms in 2024 to 52.718 million kilograms by 2028. In 2023, the actual import volume was slightly lower but is expected to increase steadily over the forecast period. The year-on-year growth from 2024 to 2028 shows a modest increase of approximately 1.8% on average. The five-year compound annual growth rate (CAGR), from 2023 to 2028, also reflects this upward trend.
Future trends to watch for:
- The impact of evolving manufacturing technologies and automation on demand for bearing components.
- Potential changes in trade policies or tariffs which could affect import volumes.
- Developments in industries that are major users of bearings, such as automotive and machinery, influencing demand.
