The European export of needle roller bearings is led by Germany, commanding a significant 40.45% share. Slovakia follows with 24.23%, and Czechia contributes 9.51%. Other notable exporters include Romania at 7.71%, the Netherlands at 5.61%, and France at 5.32%. Smaller shares are held by Italy, Belgium, and Poland, among others. Year-on-year data shows major growth in Romania (27.05%) and Estonia (41.13%), while declines are seen in Germany (-1.09%) and Spain (-31.09%). Over five years, the compound annual growth rate indicates steady growth trends, particularly in smaller markets like Luxembourg and Latvia.
Future trends to watch include the potential for market share shifts due to increasing competition and evolving manufacturing capabilities across Europe. Monitoring technological advancements and shifts in supply chain dynamics will be essential to understanding this market's trajectory. Strategic partnerships or mergers within the sector may also influence future distribution of export shares.
Top countries in Export of Needle Roller Bearings Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.45 | 2023 | -5.83% | -1.09% | View data |
| 2 | 2 Slovakia | 24.23 | 2023 | +0.34% | +0.38% | View data |
| 3 | 3 Czechia | 9.51 | 2023 | |||
| 4 | 4 Romania | 7.71 | 2023 | +2.68% | +27.05% | View data |
| 5 | 5 Netherlands | 5.61 | 2023 | +9.99% | -0.6% | View data |
| 6 | 6 France | 5.32 | 2023 | +18.77% | +2.92% | View data |
| 7 | 7 Italy | 2.29 | 2023 | +11.91% | -1.74% | View data |
| 8 | 8 Belgium | 1.07 | 2023 | +2.22% | +4.96% | View data |
| 9 | 9 Poland | 1.06 | 2023 | +2.71% | +0.29% | View data |
| 10 | 10 United Kingdom | 0.71 | 2023 | -0.68% | +0.066% | View data |