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EU - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

EU - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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May 18, 2022

Bearing Exports in EU Rebound to $12.2B

IndexBox has just published a new report: 'EU - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The size of the bearing market in the European Union totaled $6.5B in 2021, surging by 28% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs and intermediaries' margins, which will be included in the final consumer price). 

EU Ball and Roller Bearing Consumption

Consumption of ball and roller bearings was estimated at 502K tons in 2021. The countries with the highest volumes of bearing consumption in 2021 were Germany, Italy and Spain, together comprising 46% of total consumption. These countries were followed by Belgium, Romania, France, Denmark, Hungary, Sweden, Poland, Austria, the Czech Republic and Slovakia, which together accounted for a further 45%. 

EU Ball and Roller Bearing Production 

Production of ball and roller bearings was estimated at approx. 432K tons in 2021. In general, production, however, continues to indicate a pronounced contraction from 2007 to 2021. 

The countries with the highest volumes of bearing production in 2021 were Italy, Romania and Germany, with a combined 48% share of total production. France, Spain, Slovakia, Austria and Poland lagged somewhat behind, together comprising a further 38%.

EU Ball and Roller Bearing Exports 

In 2021, bearing exports in the European Union expanded rapidly to 674K tons, surging by 10% against the year before. Overall, exports, however, showed a relatively flat trend pattern from 2007-2021. 

In value terms, bearing exports surged to $12.2B in 2021. This figure includes trade between EU member countries. The growth pace was the most rapid in 2010. The level of export peaked at $13.3B in 2011; however, from 2012 to 2021, the exports failed to regain momentum.

Exports by Country

Germany was the major exporter of ball and roller bearings in the European Union, with the volume of supplies amounting to 200K tons, which was near 30% of total exports in 2021. France (76K tons) occupied the second position in the ranking, followed by Italy (74K tons), the Netherlands (48K tons), Poland (43K tons), Romania (43K tons), Austria (35K tons) and Slovakia (34K tons). All these countries together held near 52% share of total supplies.

In value terms, Germany ($4.7B) remains the largest bearing supplier in the European Union, comprising 38% of total exports. The second position in the ranking was occupied by France ($1.5B), with a 13% share of total supplies. It was followed by Italy, with a 9.9% share.

In Germany, bearing exports increased at an average annual rate of +1.5% over the period from 2007-2021. The remaining exporting countries recorded the following average annual rates of exports growth: France (-1.6% per year) and Italy (+0.1% per year).

Export Prices by Country

In 2021, the bearing export price in the European Union amounted to $18,157 per ton, surging by 6.6% against the previous year. Prices varied noticeably by the country of origin: the country with the highest price was Germany ($23,441 per ton), while Poland ($9,805 per ton) was amongst the lowest. From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+2.6%), while the other leaders experienced more modest paces of growth.

EU Ball and Roller Bearing Imports 

In 2021, overseas purchases of ball and roller bearings increased by 22% to 744K tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports showed a relatively flat trend pattern from 2007 to 2021.

In value terms, bearing imports surged to $10.3B in 2021. This figure includes trade between EU member countries.  In general, imports recorded a relatively flat trend pattern from 2007 to 2021.

Imports by Country

Germany was the main importer of ball and roller bearings in the European Union, with the volume of purchuses amounting to 225K tons, which was near 30% of total imports in 2021. Italy (73K tons) was the second in the ranking with a 9.7% share, followed by France (9.3%), Belgium (7.8%), the Netherlands (7.6%) and Spain (6.9%). The following importers - Sweden (33K tons), Poland (31K tons), Denmark (27K tons), the Czech Republic (19K tons), Austria (18K tons), Romania (14K tons) and Hungary (13K tons) - together made up 21% of total purchases.

In value terms, Germany ($3.4B) accounted for a 33% of total bearing imports. The second position in the ranking was taken by Italy ($1B), with a 10% share of total purchases. It was followed by France, with a 10% share.

In Germany, bearing imports increased at an average annual rate of +1.1% over the period from 2007-2021. In the other countries, the average annual rates were as follows: Italy (-1.1% per year) and France (-0.1% per year).

Import Prices by Country

The bearing import price in the European Union stood at $13,781 per ton in 2021, flattening at the previous year. Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($17,588 per ton), while Spain ($9,934 per ton) was amongst the lowest. From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bearing market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28151030 - Ball bearings
  • Prodcom 28151053 - Tapered roller bearings (including cone and tapered roller assemblies)
  • Prodcom 28151055 - Spherical roller bearings
  • Prodcom 28151057 - Cylindrical roller bearings (excluding roller bearings, needle roller bearings)
  • Prodcom 28151070 - Needle roller bearings
  • Prodcom 28151090 - Roller bearings (including combined ball/roller bearings) (excluding tapered roller bearings, spherical roller bearings, n eedle roller bearings)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in the EU, split by region and country
  • Trade (exports and imports) in the EU
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Austria
    • Belgium
    • Bulgaria
    • Croatia
    • Cyprus
    • Czech Republic
    • Denmark
    • Estonia
    • Finland
    • France
    • Germany
    • Greece
    • Hungary
    • Ireland
    • Italy
    • Latvia
    • Lithuania
    • Luxembourg
    • Malta
    • Netherlands
    • Poland
    • Portugal
    • Romania
    • Slovakia
    • Slovenia
    • Spain
    • Sweden

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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