Eastern Europe: Market for Bearing Housings Incorporating Ball Or Roller Bearings 2025

Market Size for Bearing Housings Incorporating Ball Or Roller Bearings in Eastern Europe

In 2022, the East European market for bearing housings incorporating ball or roller bearings increased by 2.7% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, continues to indicate a noticeable reduction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Bearing Housings Incorporating Ball Or Roller Bearings in Eastern Europe

In value terms, bearing housing with ball bearing production contracted to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 1.6%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Bearing Housings Incorporating Ball Or Roller Bearings

Exports in Eastern Europe

In 2022, bearing housing with ball bearing exports in Eastern Europe reached X tons, with an increase of 8.1% on the year before. Overall, exports enjoyed temperate growth. The growth pace was the most rapid in 2019 with an increase of 49% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, bearing housing with ball bearing exports expanded markedly to $X in 2022. Over the period under review, exports enjoyed pronounced growth. The pace of growth appeared the most rapid in 2019 when exports increased by 50%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

Slovakia was the major exporter of bearing housings incorporating ball or roller bearings in Eastern Europe, with the volume of exports finishing at X tons, which was approx. 39% of total exports in 2022. It was distantly followed by Poland (X tons), the Czech Republic (X tons), Latvia (X tons), Lithuania (X tons) and Hungary (X tons), together constituting a 52% share of total exports. Russia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to bearing housing with ball bearing exports from Slovakia stood at +9.8%. At the same time, Latvia (+43.3%), Hungary (+24.1%), Lithuania (+22.1%), Russia (+17.7%) and Poland (+14.4%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +43.3% from 2012-2022. By contrast, the Czech Republic (-9.5%) illustrated a downward trend over the same period. While the share of Slovakia (+19 p.p.), Poland (+12 p.p.), Latvia (+6.1 p.p.), Lithuania (+4.5 p.p.), Hungary (+4 p.p.) and Russia (+3.2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Czech Republic (-44.5 p.p.) displayed negative dynamics.

In value terms, Slovakia ($X), Poland ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 78% of total exports. Hungary, Russia, Latvia and Lithuania lagged somewhat behind, together accounting for a further 17%.

In terms of the main exporting countries, Latvia, with a CAGR of +32.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, almost unchanged from the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 18%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.3%), while the other leaders experienced mixed trends in the export price figures.

Imports of Bearing Housings Incorporating Ball Or Roller Bearings

Imports in Eastern Europe

In 2022, after three years of growth, there was decline in supplies from abroad of bearing housings incorporating ball or roller bearings, when their volume decreased by -0.3% to X tons. In general, imports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2016 with an increase of 45%. The volume of import peaked at X tons in 2021, and then contracted slightly in the following year.

In value terms, bearing housing with ball bearing imports fell to $X in 2022. Overall, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

Russia (X tons) and Poland (X tons) represented roughly 51% of total imports in 2022. Hungary (X tons) ranks next in terms of the total imports with a 12% share, followed by the Czech Republic (9.2%), Ukraine (6.3%), Slovakia (6%) and Belarus (4.8%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Slovakia (with a CAGR of +26.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Hungary ($X) were the countries with the highest levels of imports in 2022, together comprising 61% of total imports. The Czech Republic, Slovakia, Ukraine and Belarus lagged somewhat behind, together comprising a further 30%.

In terms of the main importing countries, Slovakia, with a CAGR of +22.0%, recorded the highest growth rate of 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 import price in Eastern Europe stood at $X per ton in 2022, falling by -5.1% against the previous year. Over the period under review, the import price showed a mild reduction. The most prominent rate of growth was recorded in 2018 when the import price increased by 22% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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