France: Ball Bearing Parts Market 2024

Ball Bearing Parts Market Size in France

The French ball bearing parts market declined significantly to $X in 2022, with a decrease of X% against the previous year. Overall, the total consumption indicated a noticeable expansion 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, consumption decreased by X% against 2020 indices. Ball bearing parts consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Ball Bearing Parts Production in France

In value terms, ball bearing parts production declined markedly to $X in 2022 estimated in export price. In general, production showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Ball bearing parts production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Ball Bearing Parts Exports

Exports from France

In 2022, approx. X tons of parts of ball or roller bearings were exported from France; with a decrease of X% compared with 2021 figures. In general, exports showed a mild descent. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, ball bearing parts exports declined to $X in 2022. Over the period under review, exports showed a noticeable contraction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Sweden (X tons) and Italy (X tons) were the main destinations of ball bearing parts exports from France, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Italy ($X) and Sweden ($X) were the largest markets for ball bearing parts exported from France worldwide, together comprising X% of total exports.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average ball bearing parts export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2018 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced mixed trend patterns.

Ball Bearing Parts Imports

Imports into France

In 2022, supplies from abroad of parts of ball or roller bearings decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then declined significantly in the following year.

In value terms, ball bearing parts imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of ball bearing parts imports to France, with a combined X% share of total imports. Slovakia, China, India, Bulgaria, South Korea, Romania, Austria and Japan lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest ball bearing parts suppliers to France were Germany ($X), Italy ($X) and China ($X), with a combined X% share of total imports. Romania, Slovakia, Spain, India, South Korea, Austria, Bulgaria and Japan lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, South Korea, with a CAGR of X%, saw the highest rates of growth with regard to 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 average ball bearing parts import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, continues to indicate a pronounced setback. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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