France: Ball Bearing Market 2024

Ball Bearing Market Size in France

The French ball bearing market contracted to $X in 2022, with a decrease of X% against the previous year. Overall, consumption recorded a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Ball Bearing Production in France

In value terms, ball bearing production expanded rapidly to $X in 2022 estimated in export price. Overall, production showed a pronounced setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. France production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Ball Bearing Exports

Exports from France

In 2022, approx. X tons of ball bearings were exported from France; rising by X% compared with 2021 figures. Over the period under review, exports, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, ball bearing exports dropped to $X in 2022. Overall, exports, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China was the key exporter of ball bearings in the world, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. Japan (X tons) held the second position in the ranking, followed by Germany (X tons) and Italy (X tons). All these countries together took near X% share of total exports. South Korea (X tons), the Netherlands (X tons), Poland (X tons), Thailand (X tons), Singapore (X tons), the United States (X tons) and Slovakia (X tons) took a relatively small share of total exports.

China was also the fastest-growing in terms of the ball bearings exports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%), the Netherlands (X%), Poland (X%), South Korea (X%) and Italy (X%) displayed positive paces of growth. Japan and Germany experienced a relatively flat trend pattern. By contrast, Slovakia (X%), Singapore (X%) and the United States (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Slovakia (X p.p.), Italy (X p.p.), Germany (X p.p.), Singapore (X p.p.), the United States (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and Japan ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Italy, the United States, the Netherlands, Thailand, South Korea, Singapore, Poland and Slovakia lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the export price in France amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price showed a slight reduction. The growth pace was the most rapid in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: 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.

Ball Bearing Imports

Imports into France

In 2022, purchases abroad of ball bearings increased by X% to X tons, rising for the second consecutive year after three years of decline. The total import volume 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 most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. France imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, ball bearing imports stood at $X in 2022. In general, imports, however, continue to indicate a mild shrinkage. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. France imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), the United States (X tons) and China (X tons) represented roughly X% of total imports in 2022. Italy (X tons), Mexico (X tons), the Netherlands (X tons), Brazil (X tons), Indonesia (X tons), Russia (X tons), Belgium (X tons), South Korea (X tons), India (X tons) and Japan (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 main importing countries, was attained by Russia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ball bearing importing markets into France were Germany ($X), China ($X) and the United States ($X), together accounting for X% of total imports. Italy, Mexico, the Netherlands, India, Japan, South Korea, Brazil, Russia, Belgium and Indonesia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Russia, 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

The import price in France stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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