In 2023, China dominated the global export market for balls, needles, and rollers for bearings, accounting for a significant share of 41.35% by weight. Germany and Italy followed with shares of 10.74% and 9.4%, respectively. Notable growth was observed in countries like Indonesia and Malaysia, with increases of 5.55% and 6.12%. While Japan and the United States saw a decline in their exports by -1.19% and -0.19%, several smaller markets like Morocco and Ecuador experienced sharp growth spikes, indicating emerging opportunities.
Looking ahead, trends suggest potential growth in lesser-exploited markets such as South Korea and the Philippines. The rapid expansion in smaller markets such as Mauritius and Ecuador reflects an increasing diversification of manufacturing hubs globally. As these markets stabilize, they will likely contribute more significantly to global totals, potentially reshaping the export landscape by redistributing some market shares away from traditionally dominant countries.
Top countries in Export of Balls, Needles and Rollers for Bearings Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 41.35 | 2023 | +2.73% | +2.53% | View data |
| 2 | 2 Germany | 10.74 | 2023 | +2.25% | +2.34% | View data |
| 3 | 3 Italy | 9.4 | 2023 | +1.62% | +1.76% | View data |
| 4 | 4 Japan | 5.38 | 2023 | +0.5% | -1.19% | View data |
| 5 | 5 Poland | 4.88 | 2023 | +2.51% | +2.78% | View data |
| 6 | 6 Slovakia | 3.74 | 2023 | +2.04% | +2.36% | View data |
| 7 | 7 Spain | 3.34 | 2023 | +1.46% | +1.93% | View data |
| 8 | 8 United States | 2.73 | 2023 | -0.014% | -0.19% | View data |
| 9 | 9 Netherlands | 2.64 | 2023 | +0.42% | +0.51% | View data |
| 10 | 10 United Kingdom | 2.25 | 2023 | +2.1% | +2.77% | View data |
