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World - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Feb 1, 2025

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

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Nov 4, 2024

Best Import Markets for Bearings: Global Trends and Statistics

When it comes to the global bearing market, certain countries stand out as key players in terms of import value. These countries not only have a high demand for bearings but also have significant import volumes, making them crucial markets for bearing manufacturers around the world. According to data from IndexBox, the world's top 10 countries by import value of bearings in 2023 are as follows:

1. Germany - $3.6 Billion USD

Germany takes the top spot as the world's largest import market for bearings, with an import value of $3.6 billion USD in 2023. The country's strong manufacturing sector and high demand for machinery and equipment contribute to its significant import volumes of bearings.

2. China - $3.1 Billion USD

China, known for its massive industrial base and rapid economic growth, ranks second on the list with an import value of $3.1 billion USD in 2023. The country's booming automotive and machinery industries drive its demand for bearings, making it a key market for bearing manufacturers worldwide.

3. United States - $2.5 Billion USD

The United States is the third-largest import market for bearings, with an import value of $2.5 billion USD in 2023. The country's diverse industrial base and strong demand for bearings in sectors such as aerospace, automotive, and machinery contribute to its significant import volumes.

4. Mexico - $1.2 Billion USD

Mexico ranks fourth on the list of top import markets for bearings, with an import value of $1.2 billion USD in 2023. The country's proximity to the United States and its growing manufacturing sector make it an attractive market for bearing manufacturers looking to expand their presence in North America.

5. France - $1.1 Billion USD

France is a key import market for bearings, with an import value of $1.1 billion USD in 2023. The country's strong industrial base and demand for bearings in sectors such as aerospace, automotive, and machinery drive its import volumes and make it a significant market for bearing manufacturers.

6. India - $1.1 Billion USD

India ranks sixth on the list of top import markets for bearings, with an import value of $1.1 billion USD in 2023. The country's growing automotive and machinery industries contribute to its significant import volumes of bearings, making it a key market for bearing manufacturers looking to tap into the Indian market.

7. Italy - $1.1 Billion USD

Italy is another important import market for bearings, with an import value of $1.1 billion USD in 2023. The country's strong manufacturing sector and demand for bearings in industries such as automotive and machinery drive its import volumes and make it a key market for bearing manufacturers.

8. Netherlands - $760.2 Million USD

The Netherlands ranks eighth on the list of top import markets for bearings, with an import value of $760.2 million USD in 2023. The country's strategic location in Europe and its strong logistics infrastructure make it an attractive market for bearing manufacturers looking to access the European market.

9. Belgium - $733.2 Million USD

Belgium is a significant import market for bearings, with an import value of $733.2 million USD in 2023. The country's diverse industrial base and demand for bearings in sectors such as automotive, aerospace, and machinery drive its import volumes and make it a key market for bearing manufacturers.

10. Brazil - $698.4 Million USD

Brazil rounds out the list of top import markets for bearings, with an import value of $698.4 million USD in 2023. The country's strong automotive and machinery industries contribute to its significant import volumes of bearings, making it an important market for bearing manufacturers looking to expand their presence in South America.

Overall, these top 10 countries by import value of bearings play a crucial role in the global bearing market, driving demand and import volumes for manufacturers around the world. With their diverse industrial bases and strong domestic demand for bearings, these markets represent key opportunities for bearing companies looking to expand their reach and grow their businesses on a global scale.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global bearing market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

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

Company coverage:

THB Bearings, SKF, ISB Industries, Luoyang Huigong Bearing Technology Co., CSC Bearing, JTEKT Europe Bearings B.V., Fersa, Timken, Schaeffler, Franke, Norelem, Hiwin, Findling Walzlager, Nadella Group, TPI Bearings, Hangzhou Chinabase Machinery Co., SPM S.p.A., Origin Co., Evolmec, Ningbo Shilong Bearing Co., LYC Bearing Corporation

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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    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
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    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, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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