China dominates the global export market of bearing housings without ball or roller bearings, accounting for 95.97% of exports. India and Thailand follow distantly, with shares of 1.27% and 1.23% respectively. In 2023, trends indicate a positive year-on-year growth for India (5.32%) and Thailand (4.15%), while Brazil showed a significant decline (-7.11%). Smaller players like Botswana and Mauritius exhibit remarkable growth at 45.34% and 20.27%, though from minuscule bases. Conversely, drastic reductions were observed in Armenia (-18.31%) and Chile (-43.51%).
Future trends to monitor include:
- Continued Chinese market dominance, driven by technological advancements and manufacturing capacity enhancements.
- Potential growth for emerging markets like India and Thailand, capitalizing on strategic manufacturing initiatives and trade agreements.
- Possible further decline in Chile unless market conditions are rectified.
- Watch for innovations impacting material and cost efficiencies influencing trade dynamics.
Top countries in Export of Bearing Housings without Ball or Roller Bearings, Plain Shaft Bearings Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 95.97 | 2023 | +3.11% | +3.5% | View data |
| 2 | 2 India | 1.27 | 2023 | +5.31% | +5.32% | View data |
| 3 | 3 Thailand | 1.23 | 2023 | +4.15% | +4.15% | View data |
| 4 | 4 Brazil | 0.74 | 2023 | -7.57% | -7.11% | View data |
| 5 | 5 Russia | 0.19 | 2023 | +1.56% | +1.19% | View data |
| 6 | 6 Belarus | 0.033 | 2023 | +5.34% | +4.59% | View data |
| 7 | 7 Peru | 0.017 | 2023 | +1.59% | +5.12% | View data |
| 8 | 8 Norway | 0.005 | 2023 | +3.25% | +2.88% | View data |
| 9 | 9 Colombia | 0.003 | 2023 | -6.91% | -4.47% | View data |
| 10 | 10 Armenia | 0 | 2023 | +5.5% | -18.31% | View data |
