Netherlands: Market for Bearing Housings Incorporating Ball Or Roller Bearings 2024

Market Size for Bearing Housings Incorporating Ball Or Roller Bearings in the Netherlands

In 2022, the Dutch market for bearing housings incorporating ball or roller bearings increased by 2.9% to $X, rising for the second year in a row after two years of decline. In general, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +20.9% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Bearing Housings Incorporating Ball Or Roller Bearings in the Netherlands

In value terms, bearing housing with ball bearing production reduced to $X in 2022 estimated in export price. In general, production, however, showed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 344% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Bearing Housings Incorporating Ball Or Roller Bearings

Exports from the Netherlands

For the third consecutive year, the Netherlands recorded growth in shipments abroad of bearing housings incorporating ball or roller bearings, which increased by 3.1% to X tons in 2022. The total export volume increased at an average annual rate of +4.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when exports increased by 23% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, bearing housing with ball bearing exports totaled $X in 2022. Overall, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.9% against 2016 indices. The growth pace was the most rapid in 2013 when exports increased by 29%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Italy (X tons), Germany (X tons) and France (X tons) were the main destinations of bearing housing with ball bearing exports from the Netherlands, with a combined 52% share of total exports. Belgium, Spain, Poland, the United States, Finland, China, Hungary and the UK lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +32.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bearing housing with ball bearing exported from the Netherlands were Germany ($X), Italy ($X) and France ($X), together comprising 42% of total exports. Belgium, Spain, the United States, Poland, China, the UK, Finland and Hungary lagged somewhat behind, together comprising a further 31%.

Poland, with a CAGR of +16.8%, 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 incorporating ball or roller bearings stood at $X per ton in 2022, with an increase of 3.2% against the previous year. In general, the export price, however, showed a slight slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 16%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bearing Housings Incorporating Ball Or Roller Bearings

Imports into the Netherlands

In 2022, purchases abroad of bearing housings incorporating ball or roller bearings increased by 25% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, bearing housing with ball bearing imports amounted to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 36% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of bearing housing with ball bearing to the Netherlands, with a 42% share of total imports. Moreover, bearing housing with ball bearing imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. The third position in this ranking was taken by China (X tons), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+11.0% per year) and China (+16.0% per year).

In value terms, Germany ($X) constituted the largest supplier of bearing housings incorporating ball or roller bearings to the Netherlands, comprising 46% of total imports. The second position in the ranking was taken by the UK ($X), with an 18% share of total imports. It was followed by Japan, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+12.2% per year) and Japan (-6.4% per year).

Import Prices by Country

The average import price for bearing housings incorporating ball or roller bearings stood at $X per ton in 2022, shrinking by -20% against the previous year. In general, the import price saw a pronounced reduction. The pace of growth appeared the most rapid in 2019 an increase of 16% against the previous year. Over the period under review, average import prices attained the peak figure 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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