In 2023, the import of bearing housings not incorporating ball or roller bearings, plain shaft bearings to France stood at 10.8 million kilograms. Forecasts for 2024 to 2028 predict a consistent annual decrease, with volumes expected to reach approximately 9.81 million kilograms by 2028. The predicted compound annual growth rate (CAGR) over the forecast period is a declining trend, averaging a decrease of about 1.5% annually.
Future trends to watch for include:
- Impact of technological advancements on traditional bearing housings and shaft bearings.
- Potential shifts in global trade policies affecting import volumes.
- Emerging markets possibly substituting or reducing dependency on mature markets like France.