Austria: Bearing Market 2025

Bearing Market Size in Austria

In 2021, the Austrian bearing market decreased by -8.7% to $X, falling for the fourth year in a row after three years of growth. Overall, consumption showed a relatively flat trend pattern. Bearing consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Bearing Production in Austria

In value terms, bearing production soared to $X in 2021 estimated in export price. Overall, production, however, saw a mild decline. The most prominent rate of growth was recorded in 2013 with an increase of 20%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Bearing Exports

Exports from Austria

After two years of decline, shipments abroad of ball and roller bearings increased by 14% to X tons in 2021. Over the period under review, exports, however, continue to indicate a pronounced contraction. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, bearing exports skyrocketed to $X in 2021. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for bearing exports from Austria, accounting for a 68% share of total exports. Moreover, bearing exports to Germany exceeded the volume sent to the second major destination, Sweden (X tons), fivefold. The third position in this ranking was taken by Belgium (X tons), with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+2.5% per year) and Belgium (-14.2% per year).

In value terms, Germany ($X) remains the key foreign market for ball and roller bearings exports from Austria, comprising 75% of total exports. The second position in the ranking was held by Sweden ($X), with a 6.6% share of total exports. It was followed by Belgium, with a 3.3% share.

From 2012 to 2021, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+2.3% per year) and Belgium (-6.5% per year).

Export Prices by Country

The average bearing export price stood at $X per ton in 2021, growing by 3.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2016 an increase of 23% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Bearing Imports

Imports into Austria

In 2021, after two years of decline, there was significant growth in purchases abroad of ball and roller bearings, when their volume increased by 5.6% to X tons. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 20%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, bearing imports stood at $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), China (X tons) and Italy (X tons) were the main suppliers of bearing imports to Austria, with a combined 69% share of total imports. These countries were followed by France, Poland, Slovenia, Croatia, Slovakia, Turkey and Sweden, which together accounted for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +35.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of ball and roller bearings to Austria, comprising 50% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by France, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.4% per year) and France (+0.9% per year).

Import Prices by Country

In 2021, the average bearing import price amounted to $X per ton, surging by 5.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 8.1%. Over the period under review, average import prices hit record highs at $X per ton in 2013; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :