Germany - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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Germany - Tapered Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jun 23, 2023

Germany's Tapered Roller Bearing Price Increases 3%, Averaging $16.0 per kg

Germany Tapered Roller Bearing Export Price in March 2023

In March 2023, the tapered roller bearing price stood at $16,028 per ton (FOB, Germany), with an increase of 3.3% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 an increase of 8.3% month-to-month. As a result, the export price reached the peak level of $16,527 per ton. From May 2022 to March 2023, the the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In March 2023, the country with the highest price was Denmark ($20,698 per ton), while Sweden ($11,228 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.8%), while the other leaders experienced more modest paces of growth.

COUNTRYExport Price of Tapered Roller Bearing in Germany (USD per ton)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
Denmark17,82217,67715,90616,16914,92216,06815,38316,43017,18219,03320,60217,33020,698
Belgium15,49715,75915,13214,93413,61113,24613,82614,78114,42715,92915,32116,16317,870
United States15,13617,91015,70616,59616,25514,40814,79416,74317,18615,83015,63216,85417,650
India14,36713,14713,83212,81211,71911,36912,00513,37414,69113,60912,93413,90316,677
France14,83617,16615,76215,15917,80217,46016,18120,09616,17916,42618,76717,92516,496
China18,49819,33215,29315,27414,66214,55916,52015,42416,36615,23714,76714,77915,115
Poland12,97616,73413,70514,48013,02012,42213,11513,04713,01315,50616,25415,56714,934
Italy11,81812,60612,17412,53113,04813,05611,36013,25513,42316,26213,62714,46814,559
Czech Republic12,63815,54212,60614,26912,75813,40811,88113,61313,55310,33414,07514,04913,453
United Kingdom12,34617,77513,69413,12614,31116,65415,13213,67616,26416,81019,88619,62912,113
Hungary12,91711,47112,92211,59713,16911,04310,68910,80912,31414,00112,80612,80711,550
Turkey12,52312,59213,95615,31012,02012,15112,15611,39211,93611,70313,66413,17311,361
Sweden10,0939,4849,5579,87710,3509,4078,9769,1248,9099,73510,76111,28811,228
Average15,26416,52714,73515,30114,49914,40114,50014,83015,13515,67115,94115,52016,028

Germany Tapered Roller Bearing Exports

In March 2023, approximately 4.7K tons of tapered roller bearings were exported from Germany; picking up by 27% on the previous month's figure. In general, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tapered roller bearing exports soared to $75M (IndexBox estimates) in March 2023. Overall, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Germany Tapered Roller Bearing Exports by Country

In March 2023, China (1.1K tons), followed by the United States (440 tons), Belgium (348 tons), Denmark (314 tons), Sweden (293 tons) and Italy (287 tons) were the main exporters of tapered roller bearings, together committing 8% of total exports. The following exporters - Turkey (176 tons), Poland (159 tons), the UK (151 tons), the Czech Republic (141 tons), India (132 tons), France (115 tons) and Hungary (115 tons) - each accounted for a 2.8% share of total exports.

From March 2022 to March 2023, average monthly rates of growth with regard to tapered roller bearing exports from China stood at +2.1%. At the same time, Hungary (+6.5%), the UK (+3.7%), Belgium (+3.5%) and Turkey (+2.9%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in the world, with a CAGR of +6.5% from March 2022-March 2023. the United States, Sweden, Italy, Denmark, India and the Czech Republic experienced a relatively flat trend pattern. By contrast, France (-1.2%) and Poland (-5.1%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($17M) remains the largest tapered roller bearing supplier from Germany, comprising 4.6% of global exports. The second position in the ranking was taken by the United States ($7.8M), with a 2.1% share of global exports. It was followed by Denmark, with a 1.7% share.

In China, tapered roller bearing exports remained relatively stable over the period from March 2022 to March 2023. In the other countries, the average monthly rates were as follows: the United States (+2.2% per month) and Denmark (+1.2% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tapered roller bearing market in Germany. 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 2030.

Product coverage:

  • Prodcom 28151053 - Tapered roller bearings (including cone and tapered roller assemblies)

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

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  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

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    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

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    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

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  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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