In 2023, Germany led Europe's import of bearing housings with 48.496 million kilograms, reflecting a modest 0.5% year-on-year increase. Italy and the United Kingdom followed, with Italy's imports rising by 1.27% and the UK's by 0.47%. Notable growth was seen in Spain (6.25%) and Poland (8.0%), while France experienced a decline of 4.66%. Smaller markets like Greece showed significant increases (26.72%), although from a lower base. On average, the compound growth rate over the past five years suggests varying import behaviors across European nations.
Future trends to watch include advancements in manufacturing technologies and shifts towards greener supply chains, potentially impacting import volumes. Economic uncertainties and geopolitical tensions may also influence regional demand dynamics across the continent.
Top countries in Import of Bearing Housings Not Incorporating Ball or Roller Bearings, Plain Shaft Bearings by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48,496,000 | 2023 | +1.83% | +0.5% | View data |
| 2 | 2 Italy | 15,301,000 | 2023 | +9.46% | +1.27% | View data |
| 3 | 3 United Kingdom | 12,499,000 | 2023 | +1.97% | +0.47% | View data |
| 4 | 4 Hungary | 11,942,000 | 2023 | +1.32% | -0.98% | View data |
| 5 | 5 Austria | 11,021,000 | 2023 | +10.81% | +2.76% | View data |
| 6 | 6 France | 10,732,000 | 2023 | +0.51% | -4.66% | View data |
| 7 | 7 Spain | 10,275,000 | 2023 | +13.27% | +6.25% | View data |
| 8 | 8 Poland | 9,860,900 | 2023 | +3.91% | +8% | View data |
| 9 | 9 Sweden | 9,456,200 | 2023 | +12.48% | +4.64% | View data |
| 10 | 10 Belgium | 8,908,400 | 2023 | +4.19% | -1.5% | View data |
