Germany leads the European export of cylindrical roller bearings with a substantial share, but Romania is rapidly growing with a 26.26% increase year-on-year for 2023. Other notable growth includes Slovakia and Sweden, while Italy experienced a significant drop of 20.98%. Smaller markets like Portugal and Croatia showed notable growth rates, indicating potential emerging contributions to the market. France and some other countries remained stable, with no variations. Over the past five years, the sector's Compound Annual Growth Rate (CAGR) indicates a mix of stability and dynamic shifts among smaller countries.
Future trends to watch include the potential continued growth in Eastern European countries like Romania and Poland. Additionally, with technological advancements and increased demand for precision engineering, countries with smaller shares might seek increased competitiveness through quality improvements and technological innovation. Watching how these factors influence both the larger and smaller markets will be crucial for understanding future dynamics in the European cylindrical roller bearings export sector.
Top countries in Export of Cylindrical Roller Bearings Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 41.05 | 2023 | +3.99% | View data | |
| 2 | 2 Romania | 18.61 | 2023 | +3.04% | +26.26% | View data |
| 3 | 3 Slovakia | 12.84 | 2023 | +2.63% | +4.45% | View data |
| 4 | 4 Poland | 3.93 | 2023 | +2.98% | +7.54% | View data |
| 5 | 5 Netherlands | 3.56 | 2023 | -7.17% | +3.95% | View data |
| 6 | 6 Sweden | 3.15 | 2023 | +8.11% | +7.58% | View data |
| 7 | 7 Italy | 2.84 | 2023 | +0.34% | -20.98% | View data |
| 8 | 8 Austria | 2.59 | 2023 | +6.93% | +0.21% | View data |
| 9 | 9 Belgium | 2.53 | 2023 | +0.37% | -1.26% | View data |
| 10 | 10 Latvia | 2.35 | 2023 | +0.081% | -6.74% | View data |
