In 2023, France imported tapered roller bearings amounting to 26.65 million kilograms. The forecast for 2024 anticipates an import volume of 27.281 million kilograms, marking a year-on-year increase of 2.37%. This upward trajectory is expected to continue with year-on-year growth rates of 2.39% in 2025, 2.31% in 2026, 2.23% in 2027, and 2.16% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected at approximately 2.29%.
Future trends to watch for:
- The impact of global supply chain disruptions and geopolitical tensions on the availability and pricing of tapered roller bearings.
- The demand driven by technological advancements in automotive and industrial machinery sectors, prompting higher imports.
- Potential shifts towards regional suppliers to decrease dependency on distant markets amid sustainability practices.