Germany - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGermany's September 2023 Export of Spherical Roller Bearings Surges by 10% to Reach $29M
Germany Spherical Roller Bearing Exports
After two months of decline, overseas shipments of spherical roller bearings increased by 16% to 1.5K tons in September 2023. In general, exports, however, continue to indicate a slight slump.
In value terms, spherical roller bearing exports rose significantly to $29M (IndexBox estimates) in September 2023. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when exports increased by 13% month-to-month.
| COUNTRY | Export Value of Spherical Roller Bearing in Germany (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | |
| United States | 3.9 | 3.9 | 3.3 | 5.5 | 3.3 | 3.2 | 6.0 | 3.1 | 4.2 | 5.9 | 5.0 | 4.9 | 6.2 |
| Italy | 2.0 | 1.4 | 1.7 | 1.0 | 1.8 | 1.5 | 1.7 | 1.4 | 1.7 | 2.4 | 1.8 | 1.1 | 1.9 |
| China | 2.6 | 3.9 | 2.4 | 2.3 | 3.1 | 2.6 | 1.7 | 1.5 | 2.8 | 2.6 | 2.6 | 1.8 | 1.9 |
| India | 2.0 | 1.5 | 1.7 | 1.7 | 1.8 | 1.5 | 2.0 | 1.4 | 1.3 | 1.3 | 2.1 | 1.5 | 1.6 |
| Spain | 1.0 | 1.0 | 1.2 | 1.2 | 0.9 | 1.0 | 1.6 | 1.1 | 1.7 | 1.3 | 1.4 | 1.0 | 1.4 |
| South Korea | 1.3 | 1.1 | 2.4 | 2.1 | 1.8 | 2.4 | 1.6 | 1.0 | 1.1 | 0.9 | 1.0 | 0.8 | 0.7 |
| Singapore | 1.3 | 1.0 | 1.1 | 1.5 | 1.0 | 1.3 | 1.3 | 1.0 | 1.0 | 1.5 | 1.0 | 0.6 | 0.4 |
| Others | 15.1 | 12.4 | 14.9 | 11.6 | 12.8 | 13.9 | 15.3 | 13.8 | 13.8 | 14.9 | 16.4 | 15.0 | 15.3 |
| Total | 29.3 | 26.2 | 28.6 | 26.8 | 26.3 | 27.5 | 31.1 | 24.5 | 27.6 | 30.9 | 31.2 | 26.7 | 29.5 |
Exports by Country
The United States (328 tons), India (131 tons) and China (107 tons) represented roughly 4.6% of total exports in September 2023. Singapore (33,513 kg) took a 0.3% share (based on physical terms) of total exports, which put it in second place, followed by Italy (0.6%), South Korea (0.4%) and Spain (0.5%).
From September 2022 to September 2023, the United States (+3.9%) constituted the fastest-growing spherical roller bearing suppliers amongst the major spherical roller bearing exporters. At the same time, exports of spherical roller bearing from India (-3.1%) and China (-3.9%) experienced a contraction from September 2022 to September 2023. Spain experienced a relatively flat trend pattern. Italy (-2.4%), South Korea (-6.3%) and Singapore (-10.4%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, the United States ($6.2M) remains the largest spherical roller bearing supplier from Germany, comprising 3.5% of global exports. The second position in the ranking was held by Italy ($1.9M), with a 1.1% share of global exports. It was followed by China, with a 1.1% share.
From September 2022 to September 2023, the average monthly growth rate of value in the United States stood at +3.9%. In the other countries, the average monthly rates were as follows: Italy (-0.5% per month) and China (-2.7% per month).
Export Prices by Country
In September 2023, the spherical roller bearing price stood at $19,843 per ton (FOB, Germany), with a decrease of -4.7% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in January 2023 an increase of 12% month-to-month. the Germany export price peaked at $20,823 per ton in August 2023, and then reduced slightly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($26,255 per ton), while Australia ($11,296 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Finland (+3.2%), while the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the spherical roller bearing market in Germany. 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 28151055 - Spherical roller bearings
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
