Germany: Market for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings 2024

Market Size for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Germany

The German market for bearing housings not incorporating ball or roller bearings, plain shaft bearings totaled $X in 2021, with an increase of 11% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Germany

In value terms, bearing housing without ball bearing production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Exports from Germany

In 2021, after two years of decline, there was significant growth in overseas shipments of bearing housings not incorporating ball or roller bearings, plain shaft bearings, when their volume increased by 11% to X tons. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, bearing housing without ball bearing exports surged to $X in 2021. The total export value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), the United States (X tons) and the Czech Republic (X tons) were the main destinations of bearing housing without ball bearing exports from Germany, together accounting for 26% of total exports. France, Italy, Poland, Austria, Spain, the UK, India, the Netherlands, Hungary and Brazil lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +6.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bearing housing without ball bearing exported from Germany were China ($X), the United States ($X) and Italy ($X), with a combined 26% share of total exports. These countries were followed by France, Austria, the Czech Republic, the Netherlands, Poland, the UK, Spain, Hungary, India and Brazil, which together accounted for a further 37%.

The Czech Republic, with a CAGR of +8.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $X per ton in 2021, growing by 5.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2013 an increase of 14% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Spain ($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 Italy (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Imports into Germany

In 2021, purchases abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 19% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by 20%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, bearing housing without ball bearing imports soared to $X in 2021. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest bearing housing without ball bearing supplier to Germany, with a 27% share of total imports. Moreover, bearing housing without ball bearing imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. India (X tons) ranked third in terms of total imports with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+10.8% per year) and India (+5.4% per year).

In value terms, the largest bearing housing without ball bearing suppliers to Germany were China ($X), Austria ($X) and Poland ($X), together comprising 32% of total imports. India, the Czech Republic, Japan, France, Italy, the UK, Slovakia, Turkey, Spain and the Netherlands lagged somewhat behind, together comprising a further 44%.

In terms of the main suppliers, the Netherlands, with a CAGR of +14.5%, 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

In 2021, the average import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 9%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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