World - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

World - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Spherical Roller Bearing Market

Spherical roller bearing market: enjoy recently published facts and figures secured by an Ai-driven BI tool. Datasets provide production, market prices, imports, market size, trade, consumption, exports, and companies. Here is a split by country, including Latin America, the Middle East, EU, Russia, China, Africa, the U.K., and the U.S. Market insights and forecast to 2030 are also provided in the reports.


Get FREE access to the latest REPORT on the Spherical Roller Bearing Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Spherical Roller Bearing - World's Largest Markets

RatingCountry
1China
2United States
3India
4France
5Russia

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

In China, the spherical roller bearing market expanded at an average annual rate of +22.1% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+5.8% per year) and India (+5.0% per year).

Spherical Roller Bearing Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Belarus571962285368-3.1%
Romania1149886508175-15.7%
Czech Republic1008392679989-0.5%
Japan1198412372125472.3%
China181671281812683-16.4%
Germany166051544514457-6.7%
Sweden173681788616860-1.5%
Malaysia181671732417267-2.5%
Singapore14742147941826111.3%
Belgium220212045618913-7.3%
France1820119037194443.4%
United States2023120434206391.0%
United Kingdom272022737126977-0.4%
Average164651536015298-3.6%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the UK ($26,977 per ton), while Belarus ($5,368 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
United States1706716080189895.5%
Singapore1630816080172812.9%
Belgium215641889517261-10.5%
Italy1633816247168271.5%
India1625716080164120.5%
France162761501214946-4.2%
South Korea1382714326145482.6%
China162571517114353-6.0%
Brazil164621864013106-10.8%
Germany147101447212879-6.4%
Denmark983311857114718.0%
Turkey159171315411092-16.5%
Russia842484927183-7.7%
Average158321484214746-3.5%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($18,989 per ton), while Russia ($7,183 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Denmark, while the other global leaders experienced more modest paces of growth.

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Spherical Roller Bearing - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.30.20.313.2%
Belgium0.20.10.2-14.0%
United States0.20.20.2-12.8%
Singapore0.10.10.16.5%
Germany0.10.10.1-11.3%

In value terms, the largest spherical roller bearing importing markets worldwide were China ($325M), Belgium ($175M) and the United States ($175M), together accounting for 33% of global imports. These countries were followed by Singapore, Germany, India, France, South Korea, Denmark, Italy, Russia, Brazil and Turkey, which together accounted for a further 35%.

In terms of the main importing countries, Denmark recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Spherical Roller Bearing - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany0.30.30.45.9%
Sweden0.30.30.34.5%
Japan0.20.20.2-5.2%
China0.30.20.2-16.0%
Belgium0.20.20.1-13.1%

In value terms, the largest spherical roller bearing supplying countries worldwide were Germany ($378M), Sweden ($328M) and Japan ($215M), together accounting for 45% of global exports. China, Belgium, Singapore, the United States, the UK, France, Romania, Malaysia, the Czech Republic and Belarus lagged somewhat behind, together comprising a further 43%.

Singapore (+195.7% per year) recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Spherical Roller Bearing - Market Forecast

The spherical roller bearing market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.5% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Spherical Roller Bearing - Top Companies

NTN CORPORATION, The Timken Company, CHENG DU NSK BEARING CO.,LTD, Schaeffler Group USA Inc., SKF GmbH, Forbo International SA, SKF INDUSTRIE SPA, Rbs Global, Inc., Rbc Bearings Incorporated, Kaydon Corporation, Nn, Inc., BELIMO Automation AG, OILES CORPORATION, NIPPON THOMPSON CO., LTD., Schaeffler Skalica, spol. s r.o., Roller Bearing Company of America, Inc., NAKANISHI METAL WORKS CO., LTD., SKF Österreich Aktiengesellschaft, SKF INDIA LIMITED, Tianma Bearing Group Co., Ltd.

Spherical Roller Bearing - Product Coverage

  • HS 848230 - Bearings; spherical roller bearings

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global spherical roller 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 2030.

Product coverage:

  • Prodcom 28151055 - Spherical roller bearings

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

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