World - Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
Bearing Market - The Global Ball or Roller Bearings Trade Dominated by Germany
Germany continued to dominate in the global ball or roller bearing trade. In 2014, Germany exported 177 thousand tonnes of ball or roller bearings totaling 4,286 million USD, 1% over the previous year. Its primary trading partner was China, where it supplied 12% of its total exports on the bearing market in value terms, accounting for 25% of China's total imports.
From 2007 to 2014, Germany was a net exporter of ball or roller bearings. Over the period under review, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced due to high export prices.
China and Japan were among the other main global suppliers of ball or roller bearings in 2014. China was the fastest growing exporter from 2007 to 2014 (+13% per year), followed by the Netherlands (+5% per year).
In 2014, Germany's top 5 trading partners were China, the U.S., Italy, France and Belgium, with a combined 38% share of German global ball or roller bearings trade exports. The share of China increased significantly (+6 percentage points), while the share of Belgium illustrated negative dynamics (-3 percentage points).
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- bearing market share
- bearing prices
- bearing industry
- bearing sales
- bearing market forecast
- bearing price forecast
- key bearing producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global bearing market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
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