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

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

In 2022, the Europe market for bearing housings incorporating ball or roller bearings increased by 5.4% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, continues to indicate a noticeable downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Bearing Housings Incorporating Ball Or Roller Bearings in Europe

In value terms, bearing housing with ball bearing production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 18%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Bearing Housings Incorporating Ball Or Roller Bearings

Exports in Europe

In 2022, overseas shipments of bearing housings incorporating ball or roller bearings increased by 3.8% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013 when exports increased by 13% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, bearing housing with ball bearing exports contracted slightly to $X in 2022. The total export value increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 20%. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), France (X tons), the UK (X tons), Slovakia (X tons) and the Netherlands (X tons) were the main exporters of bearing housings incorporating ball or roller bearings, together committing 75% of total exports. Serbia (X tons), Sweden (X tons), Denmark (X tons), Poland (X tons), the Czech Republic (X tons) and Austria (X tons) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +16.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest bearing housing with ball bearing supplier in Europe, comprising 40% of total exports. The second position in the ranking was held by Italy ($X), with a 14% share of total exports. It was followed by the UK, with a 7.9% share.

In Germany, bearing housing with ball bearing exports expanded at an average annual rate of +3.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (+5.7% per year) and the UK (-2.3% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, reducing by -5.3% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by 11% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

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 Austria ($X per ton), while the Czech Republic ($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 more modest paces of growth.

Imports of Bearing Housings Incorporating Ball Or Roller Bearings

Imports in Europe

In 2022, imports of bearing housings incorporating ball or roller bearings in Europe rose notably to X tons, growing by 11% compared with the previous year. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, bearing housing with ball bearing imports rose sharply to $X in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), the UK (X tons), Russia (X tons), France (X tons), Poland (X tons) and the Netherlands (X tons) were the main importers of bearing housings incorporating ball or roller bearings, together comprising 70% of total imports. Belgium (X tons), Spain (X tons), Hungary (X tons), Denmark (X tons), Austria (X tons) and the Czech Republic (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to bearing housing with ball bearing imports into Germany stood at +5.0%. At the same time, Russia (+16.0%), Poland (+11.7%), the UK (+8.3%), Spain (+7.7%), Austria (+6.9%), Denmark (+6.2%), Italy (+5.6%), the Czech Republic (+5.2%), Hungary (+4.2%) and the Netherlands (+3.9%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in Europe, with a CAGR of +16.0% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Belgium (-2.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, Poland and the UK increased by +4.4, +2.2 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported bearing housings incorporating ball or roller bearings in Europe, comprising 25% of total imports. The second position in the ranking was held by the UK ($X), with an 11% share of total imports. It was followed by Italy, with an 8.9% share.

In Germany, bearing housing with ball bearing imports expanded at an average annual rate of +5.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the UK (+6.0% per year) and Italy (+1.9% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, falling by -2.2% against the previous year. Over the period under review, the import price showed a slight slump. The most prominent rate of growth was recorded in 2018 when the import price increased by 7.6% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 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 ($X per ton), while Italy ($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