The European export landscape for bearing housings not incorporating ball or roller bearings showed significant variations in 2023. Slovakia emerged as a dominant force with a dramatic 76.18% increase, commanding a substantial share by weight. Germany, despite a slight decrease of 1.46%, maintained its second position. Notable growth was seen in Spain (7.71%), the Netherlands (7.0%), and Romania (8.19%). Conversely, Denmark experienced the most significant decline at 27.6%. Belgium, Italy, and Cyprus also showed moderate growth, while countries like Austria and Slovenia saw reductions in their export shares.
Future trends to watch include potential shifts in manufacturing hubs towards Central and Eastern Europe, given Slovakia's burgeoning growth. Innovations in manufacturing processes and materials could also alter competitive dynamics, favoring countries that adopt such advancements. Monitoring global trade policies and supply chain developments, especially in post-pandemic recovery, will be essential for assessing future export performance.
Top countries in Export of Bearing Housings Not Incorporating Ball or Roller Bearings, Plain Shaft Bearings Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 50.74 | 2023 | +7.2% | +76.18% | View data |
| 2 | 2 Germany | 18.77 | 2023 | +8.49% | -1.46% | View data |
| 3 | 3 Sweden | 4.87 | 2021 | +13.15% | +1.59% | View data |
| 4 | 4 Spain | 3.21 | 2023 | -1.19% | +7.71% | View data |
| 5 | 5 Poland | 3.13 | 2023 | +2.33% | +1.57% | View data |
| 6 | 6 Czechia | 3.1 | 2021 | |||
| 7 | 7 Netherlands | 3.06 | 2023 | +7.56% | +7% | View data |
| 8 | 8 Belgium | 2.47 | 2023 | +12.24% | +3% | View data |
| 9 | 9 Austria | 2.38 | 2023 | -4.33% | -5.08% | View data |
| 10 | 10 Croatia | 1.56 | 2023 | +3.06% | +2.8% | View data |
