In 2023, Germany dominated the European export of ball, needle, and roller bearings with 43.821 million kilograms, followed by Italy and Poland. A notable increase was seen in Lithuania with a 10.62% rise, while Spain experienced a significant decline of 32.18%. Austria and Denmark also showed positive growth, whereas a downward trend was observed in Romania and Bulgaria. The UK, France, and Malta remained stable with no year-on-year percentage change.
Future trends to monitor include the potential for growth in emerging markets like Lithuania and Portugal, and the impact of economic stability and trade relations on traditional powerhouses such as Germany and Italy. Additionally, environmental concerns and technological advancements could shape the industry's evolution across Europe.
Top countries in Export of Balls, Needles and Rollers for Ball or Roller Bearings by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 43,821,000 | 2023 | +7.85% | -3.05% | View data |
| 2 | 2 Italy | 27,900,000 | 2023 | +10.72% | -4.96% | View data |
| 3 | 3 Poland | 15,832,000 | 2023 | +2.26% | +2.53% | View data |
| 4 | 4 Slovakia | 10,846,000 | 2023 | +1.67% | -0.15% | View data |
| 5 | 5 Netherlands | 9,668,700 | 2023 | +7.94% | +1.54% | View data |
| 6 | 6 Hungary | 7,196,300 | 2023 | +2.49% | +2.43% | View data |
| 7 | 7 France | 6,830,500 | 2023 | -26.62% | View data | |
| 8 | 8 Sweden | 3,515,700 | 2023 | +0.16% | +6.92% | View data |
| 9 | 9 Belgium | 2,664,400 | 2023 | +7.68% | +6.08% | View data |
| 10 | 10 United Kingdom | 2,092,100 | 2023 | -28.97% | View data |