In 2023, Romania led the European sold production of tapered roller bearings with a share of 22.54%, followed by Hungary at 19.1% and Austria at 15.09%. Poland and Spain closely contended with shares of 13.71% and 13.59%, respectively. France held 7.43%, Italy 3.35%, while Denmark was at 0.014%.
Year-on-year changes from 2022 to 2023 showed Romania's growth at 2.31%, Spain's at 4.17%, and France's at 3.07%, indicating resilience and upward movement. Conversely, Hungary, Poland, Austria, and Italy experienced declines, with Hungary observing the largest drop at 3.74%. Denmark, although small in volume, surged by 19.47%.
Looking forward, expect the influence of technological advancements in manufacturing and potential shifts in demand due to changing market dynamics. Emerging markets and sustainability considerations may reshape production strategies, likely impacting distribution across European countries.
Top countries in Sold Production of Tapered Roller Bearings Share by Country (Kilograms)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 22.54 | 2023 | +3.93% | +2.31% | View data |
| 2 | 2 Hungary | 19.1 | 2023 | +0.47% | -3.74% | View data |
| 3 | 3 Austria | 15.09 | 2023 | +6.35% | -0.64% | View data |
| 4 | 4 Poland | 13.71 | 2023 | +0.36% | -1.87% | View data |
| 5 | 5 Spain | 13.59 | 2023 | +5.5% | +4.17% | View data |
| 6 | 6 France | 7.43 | 2023 | +1.33% | +3.07% | View data |
| 7 | 7 Italy | 3.35 | 2023 | +13.68% | -3.3% | View data |
| 8 | 8 Denmark | 0.014 | 2023 | +0.02% | +19.47% | View data |
