Germany leads European exports of balls, needles, and rollers for bearings, contributing over 35% of total volume, with Italy and Poland following. Germany and Italy have seen recent declines, while Poland and Netherlands show modest growth. Notably, the UK and France maintained stable export levels. Lithuania experienced the most significant growth, driven by a small base, while Spain saw a steep decline. Over five years, the Compound Annual Growth Rate (CAGR) illustrates a mixed trend, with stable or negative growth in larger markets and more volatile variations in smaller ones.
Future trends to watch include potential growth in regions capitalizing on production efficiencies, technological advancements in bearing manufacturing, and emerging Eastern European markets potentially increasing their share against traditional Western leaders. Sustainability practices and shifts in global supply chains could also impact European export patterns significantly.
Top countries in Export of Balls, Needles and Rollers for Ball or Roller Bearings Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 35.39 | 2023 | +7.85% | -3.05% | View data |
| 2 | 2 Italy | 22.54 | 2023 | +10.72% | -4.96% | View data |
| 3 | 3 Poland | 12.79 | 2023 | +2.26% | +2.53% | View data |
| 4 | 4 Slovakia | 8.76 | 2023 | +1.67% | -0.15% | View data |
| 5 | 5 Netherlands | 7.81 | 2023 | +7.94% | +1.54% | View data |
| 6 | 6 Hungary | 5.81 | 2023 | +2.49% | +2.43% | View data |
| 7 | 7 France | 5.52 | 2023 | -26.62% | View data | |
| 8 | 8 Sweden | 2.84 | 2023 | +0.16% | +6.92% | View data |
| 9 | 9 Belgium | 2.15 | 2023 | +7.68% | +6.08% | View data |
| 10 | 10 United Kingdom | 1.69 | 2023 | -28.97% | View data |
