Denmark: Spherical Roller Bearing Market 2024

Spherical Roller Bearing Market Size in Denmark

The Danish spherical roller bearing market declined significantly to $X in 2022, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a perceptible expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then shrank notably in the following year.

Spherical Roller Bearing Exports

Exports from Denmark

Spherical roller bearing exports from Denmark fell markedly to X tons in 2022, which is down by X% compared with the year before. In general, exports faced a abrupt decrease. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, spherical roller bearing exports declined dramatically to $X in 2022. Over the period under review, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The Denmark exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, China (X tons) represented the key exporter of spherical roller bearings, generating X% of total exports. Germany (X tons) held the second position in the ranking, followed by Sweden (X tons), Japan (X tons), Romania (X tons) and Belgium (X tons). All these countries together held approx. X% share of total exports. The following exporters - Malaysia (X tons), France (X tons), the UK (X tons), Singapore (X tons), Italy (X tons), the United States (X tons) and Belarus (X tons) - together made up X% of total exports.

China was also the fastest-growing in terms of the spherical roller bearings exports, with a CAGR of X% from 2012 to 2022. At the same time, Malaysia (X%), Romania (X%) and France (X%) displayed positive paces of growth. Italy, Japan and Germany experienced a relatively flat trend pattern. By contrast, Sweden (X%), Belgium (X%), the UK (X%), Belarus (X%), Singapore (X%) and the United States (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Romania and Malaysia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X), Germany ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Japan, Belgium, the United States, Romania, Malaysia, the UK, France, Singapore, Italy and Belarus lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Malaysia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Denmark stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price showed a abrupt slump. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The Denmark export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other leaders experienced more modest paces of growth.

Spherical Roller Bearing Imports

Imports into Denmark

In 2022, imports of spherical roller bearings into Denmark shrank rapidly to X tons, which is down by X% against the year before. Over the period under review, imports, however, posted a measured expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Denmark imports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, spherical roller bearing imports fell dramatically to $X in 2022. In general, imports, however, saw a modest increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the twelve major importers of spherical roller bearings, namely Belgium, China, the United States, Germany, India, Russia, France, Brazil, South Korea, Thailand, Turkey and Italy, represented more than half of total import. Canada (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. India, Germany, France, Brazil, Italy, South Korea, Russia, Turkey, Canada and Thailand lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, India, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Denmark amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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