Germany - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Bearing Price in Germany - 2023

Contents:

  1. Bearing Price in Germany (FOB) - 2023
  2. Bearing Price in Germany (CIF) - 2023
  3. Bearing Exports in Germany
  4. Bearing Imports in Germany

Bearing Price in Germany (FOB) - 2023

In February 2023, the average bearing export price amounted to $24.9 per kg, leveling off at the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 5.9% month-to-month. The export price peaked at $25.3 per kg in January 2023, and then dropped in the following month.

There were significant differences in the average prices for the major foreign markets. In February 2023, the country with the highest price was the United States ($34.1 per kg), while the average price for exports to the Czech Republic ($15.5 per kg) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

Bearing Price in Germany (CIF) - 2023

In February 2023, the average bearing import price amounted to $15.4 per kg, almost unchanged from the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 when the average import price increased by 18% against the previous month. As a result, import price attained the peak level of $15,654 per ton. From June 2022 to February 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Austria ($24.4 per kg), while the price for China ($8,766 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Bearing Exports in Germany

After three years of growth, overseas shipments of ball and roller bearings decreased by -10.7% to 179K tons in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of 201K tons, and then declined in the following year.

In value terms, bearing exports fell modestly to $4.6B in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 15%. As a result, the exports reached the peak of $4.7B, and then shrank slightly in the following year.

Export of Ball and Roller Bearings in Germany (Million USD)
COUNTRY20192020CAGR,
2019-2020
China8531,15335.2%
United States463424-8.4%
Italy386278-28.0%
France212200-5.7%
Belgium219185-15.5%
Poland1681786.0%
Austria202174-13.9%
Romania1601685.0%
Czech Republic171150-12.3%
Spain1281344.7%
India159131-17.6%
Netherlands151130-13.9%
Slovakia158124-21.5%
Others730653-10.5%
Total4,1594,082-1.9%

Top Export Markets for Ball and Roller Bearings from Germany in 2022:

  1. China (4.9K tons)
  2. United States (1.8K tons)
  3. Italy (1.2K tons)
  4. Poland (0.8K tons)
  5. France (0.8K tons)
  6. Belgium (0.8K tons)
  7. Romania (0.7K tons)
  8. Austria (0.7K tons)
  9. Czech Republic (0.6K tons)
  10. India (0.6K tons)
  11. Spain (0.6K tons)
  12. Netherlands (0.5K tons)
  13. Slovakia (0.5K tons)

Bearing Imports in Germany

In 2022, the amount of ball and roller bearings imported into Germany expanded sharply to 247K tons, with an increase of 8.9% on 2021. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, bearing imports expanded sharply to $3.8B in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Ball and Roller Bearings in Germany (Million USD)
COUNTRY20192020CAGR,
2019-2020
Slovakia509450-11.6%
Austria490403-17.8%
China424364-14.2%
Romania395338-14.4%
Italy381308-19.2%
France314260-17.2%
Netherlands62.6192206.7%
Japan319156-51.1%
Hungary10593.6-10.9%
United States14382.6-42.2%
South Korea11776.6-34.5%
Belgium22.771.4214.5%
Czech Republic94.569.4-26.6%
Others-60.1-173.6188.9%
Total3,3182,691-18.9%

Top Suppliers of Ball and Roller Bearings to Germany in 2022:

  1. Slovakia (0.7K tons)
  2. Austria (0.6K tons)
  3. Romania (0.5K tons)
  4. Italy (0.5K tons)
  5. China (0.5K tons)
  6. France (0.4K tons)
  7. Netherlands (0.3K tons)
  8. Japan (0.2K tons)
  9. Czech Republic (0.1K tons)
  10. United States (0.1K tons)
  11. Belgium (0.1K tons)
  12. Hungary (0.1K tons)
  13. South Korea (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the 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 28151030 - Ball bearings
  • Prodcom 28151053 - Tapered roller bearings (including cone and tapered roller assemblies)
  • Prodcom 28151055 - Spherical roller bearings
  • Prodcom 28151057 - Cylindrical roller bearings (excluding roller bearings, needle roller bearings)
  • Prodcom 28151070 - Needle roller bearings
  • Prodcom 28151090 - Roller bearings (including combined ball/roller bearings) (excluding tapered roller bearings, spherical roller bearings, n eedle roller bearings)

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:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • 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

    This Chapter is Available Only for the Professional Edition PRO
    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

    This Chapter is Available Only for the Professional Edition PRO
    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

    This Chapter is Available Only for the Professional Edition PRO
  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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