Europe: Market for Bearing Housings Incorporating Ball Or Roller Bearings 2024

Market Size for Bearing Housings Incorporating Ball Or Roller Bearings in Europe

In 2022, the Europe market for bearing housings incorporating ball or roller bearings increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, showed a pronounced reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Bearing Housings Incorporating Ball Or Roller Bearings in Europe

In value terms, bearing housing with ball bearing production amounted to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Bearing Housings Incorporating Ball Or Roller Bearings

Exports in Europe

In 2022, shipments abroad of bearing housings incorporating ball or roller bearings increased by X% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, bearing housing with ball bearing exports totaled $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), France (X tons), the UK (X tons), Slovakia (X tons), Belgium (X tons) and the Netherlands (X tons) represented the largest exporters of bearing housings incorporating ball or roller bearings, together making up X% of total exports. Serbia (X tons), Sweden (X tons), Poland (X tons), Denmark (X tons), the Czech Republic (X tons) and Austria (X tons) held a relatively small share of total exports.

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

In value terms, Germany ($X) remains the largest bearing housing with ball bearing supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Germany stood at X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Imports of Bearing Housings Incorporating Ball Or Roller Bearings

Imports in Europe

In 2022, the amount of bearing housings incorporating ball or roller bearings imported in Europe skyrocketed to X tons, increasing by X% compared with the year before. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, bearing housing with ball bearing imports surged to $X in 2022. Total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), the UK (X tons), Belgium (X tons), Russia (X tons), France (X tons), Poland (X tons) and the Netherlands (X tons) were the largest importers of bearing housings incorporating ball or roller bearings, together generating X% of total imports. Spain (X tons), Hungary (X tons), Denmark (X tons), Austria (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Russia (X%), Poland (X%), Belgium (X%), the UK (X%), Spain (X%), Austria (X%), Denmark (X%), Italy (X%), the Netherlands (X%), the Czech Republic (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. While the share of Russia (X p.p.), Poland (X p.p.) and Belgium (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Germany (X p.p.) and France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported bearing housings incorporating ball or roller bearings in Europe, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with an X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at X%. In the other countries, the average annual rates were as follows: the UK (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, declining by X% against the previous year. Overall, the import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, 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 Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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