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Report World - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

World - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights

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Global Bearing Market 2025

Bearing Market Size

The global bearing market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 6.5%. Over the period under review, the global market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Bearing Production

In value terms, bearing production totaled $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 6.2% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Bearing Exports

Exports

In 2021, approx. X tons of ball and roller bearings were exported worldwide; jumping by 22% compared with 2020 figures. The total export volume increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when exports increased by 37%. As a result, the exports reached the peak of X tons; afterwards, it flattened through to 2021.

In value terms, bearing exports skyrocketed to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X tons) was the main exporter of ball and roller bearings, creating 39% of total exports. Japan (X tons) took the second position in the ranking, followed by Germany (X tons). All these countries together held near 20% share of total exports. The following exporters - France (X tons), Italy (X tons), South Korea (X tons), the Netherlands (X tons), Singapore (X tons), Poland (X tons), Romania (X tons), Austria (X tons) and Slovakia (X tons) - together made up 23% of total exports.

China was also the fastest-growing in terms of the ball and roller bearings exports, with a CAGR of +20.2% from 2012 to 2021. At the same time, the Netherlands (+4.4%), Poland (+4.0%), South Korea (+3.5%) and Germany (+1.9%) displayed positive paces of growth. Romania, Italy, Japan and France experienced a relatively flat trend pattern. By contrast, Slovakia (-1.4%), Singapore (-3.5%) and Austria (-3.5%) illustrated a downward trend over the same period. While the share of China (+29 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Austria (-1.7 p.p.), Germany (-2 p.p.), France (-2.1 p.p.), Singapore (-2.2 p.p.) and Japan (-4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bearing supplying countries worldwide were China ($X), Germany ($X) and Japan ($X), together accounting for 47% of global exports.

Among the main exporting countries, China, with a CAGR of +5.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average bearing export price stood at $X per ton in 2021, approximately equating the previous year. In general, the export price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2020 an increase of 12%. The global export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+4.0%), while the other global leaders experienced more modest paces of growth.

Bearing Imports

Imports

In 2021, overseas purchases of ball and roller bearings were finally on the rise to reach 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 +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor 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 imports skyrocketed to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), China (X tons) and the United States (X tons) was the largest importer of ball and roller bearings in the world, creating 28% of total import. The following importers - Mexico (X tons), Brazil (X tons), Italy (X tons), Russia (X tons), France (X tons), Nigeria (X tons), the Netherlands (X tons), India (X tons), South Korea (X tons) and Indonesia (X tons) - together made up 32% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Nigeria (with a CAGR of +9.4%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest bearing importing markets worldwide were China ($X), Germany ($X) and the United States ($X), with a combined 35% share of global imports.

Among the main importing countries, China, with a CAGR of +5.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average bearing import price amounted to $X per ton, increasing by 3.2% against the previous year. Overall, the import price, however, showed a mild decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by 4.9% against the previous year. Global import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Nigeria ($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 United States (+0.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest bearing consuming country worldwide, comprising approx. 26% of total volume. Moreover, bearing consumption in China exceeded the figures recorded by the second-largest consumer, Japan, twofold. The United States ranked third in terms of total consumption with a 10% share.
The countries with the highest volumes of bearing production in 2021 were China, Japan and the United States, together accounting for 60% of global production. These countries were followed by Indonesia, Russia, South Korea, Turkey, Thailand, Italy, Canada, Mexico, Romania and Germany, which together accounted for a further 26%.
In value terms, the largest bearing supplying countries worldwide were Germany, Japan and China, together comprising 46% of global exports. These countries were followed by the United States, France, Italy, the Netherlands, Austria, Thailand, Romania, South Korea, Slovakia and Poland, which together accounted for a further 34%.
In value terms, the largest bearing importing markets worldwide were Germany, China and the United States, together accounting for 33% of global imports. These countries were followed by Mexico, Italy, France, India, the Netherlands, Belgium, Russia, Spain, Brazil and Iran, which together accounted for a further 28%.
In 2021, the average bearing export price amounted to $15,986 per ton, increasing by 7.4% against the previous year.
The average bearing import price stood at $14,529 per ton in 2021, picking up by 3.7% against the previous year.

This report provides an in-depth analysis of the global bearing market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28151030 - Ball bearings
  • Prodcom 28151053 - Tapered roller bearings (including cone and tapered roller assemblies)
  • Prodcom 28151055 - Spherical roller bearings
  • Prodcom 28151057 - Cylindrical roller bearings (excluding roller bearings, needle roller bearings)
  • Prodcom 28151070 - Needle roller bearings
  • Prodcom 28151090 - Roller bearings (including combined ball/roller bearings) (excluding tapered roller bearings, spherical roller bearings, n eedle roller bearings)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

THB Bearings, SKF, ISB Industries, Luoyang Huigong Bearing Technology Co., CSC Bearing, JTEKT Europe Bearings B.V., Fersa, Timken, Schaeffler, Franke, Norelem, Hiwin, Findling Walzlager, Nadella Group, TPI Bearings, Hangzhou Chinabase Machinery Co., SPM S.p.A., Origin Co., Evolmec, Ningbo Shilong Bearing Co., LYC Bearing Corporation

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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