In 2023, the ball or roller bearings market in Finland reached a volume of 6.3494 million kilograms, marking a year-on-year increase of 5.20% from 2022. Over the past decade, the market experienced significant fluctuations, with a Compound Annual Growth Rate (CAGR) of 0.34% from 2018 to 2023. Notable year-on-year variations include the dip in 2020 by 20.04% and recovery trends post-2020, consistent with global economic patterns.
Future trends suggest a continued recovery and potential growth, driven by advancements in industrial automation and increased demand from various sectors such as automotive and machinery. Monitoring technological advancements and economic stability will be vital.
How does Finland rank in Ball or Roller Bearings Market Size Volume?
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 110,000,000 | 2023 | +2.13% | -2.94% | View data |
| 2 | 2 Italy | 78,256,000 | 2023 | +0.29% | -0.19% | View data |
| 3 | 3 Denmark | 32,368,000 | 2023 | +3.93% | +4.53% | View data |
| 4 | 4 United Kingdom | 14,024,000 | 2023 | +0.064% | -0.71% | View data |
| 5 | 5 Czech Republic | 12,762,000 | 2023 | +2.15% | -2.46% | View data |
| 6 | 6 Finland | 6,349,400 | 2023 | +5.2% | -0.67% | |
| 7 | 7 France | 4,953,400 | 2023 | -51.19% | -29.04% | View data |
| 8 | 8 Lithuania | 622,080 | 2023 | -5.21% | -5.61% | View data |
