Europe: Cylindrical Roller Bearing Market 2024

Cylindrical Roller Bearing Market Size in Europe

The Europe cylindrical roller bearing market reduced to $X in 2022, declining by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Cylindrical Roller Bearing Production in Europe

In value terms, cylindrical roller bearing production contracted slightly to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Cylindrical Roller Bearing Exports

Exports in Europe

In 2022, shipments abroad of cylindrical roller bearings decreased by X% to X tons, falling for the third consecutive year after three years of growth. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, cylindrical roller bearing exports reduced modestly to $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 remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Germany (X tons) represented the key exporter of cylindrical roller bearings, mixing up X% of total exports. Romania (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Slovakia (X%). Poland (X tons), France (X tons), Italy (X tons), the Netherlands (X tons), Spain (X tons), Austria (X tons), Sweden (X tons), Belgium (X tons), Russia (X tons) and the Czech Republic (X tons) took a little share of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of cylindrical roller bearings. At the same time, Spain (X%), the Czech Republic (X%), Italy (X%), the Netherlands (X%), Poland (X%), Romania (X%), Slovakia (X%), France (X%) and Austria (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, Sweden (X%), Belgium (X%) and Russia (X%) illustrated a downward trend over the same period. While the share of Romania (X p.p.), Spain (X p.p.) and Slovakia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest cylindrical roller bearing supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with an X% share of total exports. It was followed by France, with an X% share.

In Germany, cylindrical roller bearing exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Sweden ($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.

Cylindrical Roller Bearing Imports

Imports in Europe

In 2022, cylindrical roller bearing imports in Europe was estimated at X tons, stabilizing at 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, cylindrical roller bearing imports reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then declined modestly in the following year.

Imports by Country

In 2022, Russia (X tons) and Germany (X tons) represented the main importers of cylindrical roller bearings in Europe, together committing X% of total imports. Spain (X tons) ranks next in terms of the total imports with a X% share, followed by Italy (X%) and Belgium (X%). The Czech Republic (X tons), France (X tons), the Netherlands (X tons), Slovakia (X tons), Sweden (X tons), Romania (X tons), Poland (X tons) and Austria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

In Germany, cylindrical roller bearing imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Russia (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 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 France ($X per ton), while Russia ($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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