In 2023, Germany led the European import market of bearing housings incorporating ball or roller bearings, commanding 28.08% of the share by weight, followed by Italy and France. While Germany showed a slight increase (1.26%), notable trends include France's significant rise (7.12%) and sharp gains in smaller markets like Slovakia (11.87%), Romania (6.63%), and emerging players such as Latvia and Malta. Countries like the United Kingdom and the Netherlands saw declines of 2.38% and 3.32% respectively, indicating shifts in the market.
Future trends to watch are:
- An ongoing rise in high-tech manufacturing could favor countries investing in automation and innovation.
- Shifts in trade regulations or economic policies may influence the positioning of countries with larger shares.
- Emerging markets may continue to grow, potentially reshaping share distribution across Europe.
Top countries in Import of Bearing Housings Incorporating Ball or Roller Bearings Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28.08 | 2023 | +8.48% | +1.26% | View data |
| 2 | 2 Italy | 12.08 | 2023 | +7.52% | -1.68% | View data |
| 3 | 3 France | 10.89 | 2023 | +11.04% | +7.12% | View data |
| 4 | 4 Belgium | 7.22 | 2023 | +6.28% | +4.07% | View data |
| 5 | 5 United Kingdom | 6.79 | 2023 | +2.22% | -2.38% | View data |
| 6 | 6 Netherlands | 5.2 | 2023 | +1.28% | -3.32% | View data |
| 7 | 7 Hungary | 5.04 | 2023 | +2.86% | -0.68% | View data |
| 8 | 8 Poland | 4.77 | 2023 | +3.33% | +3.3% | View data |
| 9 | 9 Spain | 3.12 | 2023 | -0.87% | -1.14% | View data |
| 10 | 10 Austria | 3 | 2023 | +2.43% | +3.33% | View data |
