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Germany - Ball and Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBearing Price in Germany - 2023
Contents:
- Bearing Price in Germany (FOB) - 2023
- Bearing Price in Germany (CIF) - 2023
- Bearing Exports in Germany
- Bearing Imports in Germany
Bearing Price in Germany (FOB) - 2023
In February 2023, the average bearing export price amounted to $24.9 per kg, leveling off at the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 5.9% month-to-month. The export price peaked at $25.3 per kg in January 2023, and then dropped in the following month.
There were significant differences in the average prices for the major foreign markets. In February 2023, the country with the highest price was the United States ($34.1 per kg), while the average price for exports to the Czech Republic ($15.5 per kg) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Bearing Price in Germany (CIF) - 2023
In February 2023, the average bearing import price amounted to $15.4 per kg, almost unchanged from the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 when the average import price increased by 18% against the previous month. As a result, import price attained the peak level of $15,654 per ton. From June 2022 to February 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Austria ($24.4 per kg), while the price for China ($8,766 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Bearing Exports in Germany
After three years of growth, overseas shipments of ball and roller bearings decreased by -10.7% to 179K tons in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of 201K tons, and then declined in the following year.
In value terms, bearing exports fell modestly to $4.6B in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 15%. As a result, the exports reached the peak of $4.7B, and then shrank slightly in the following year.
Export of Ball and Roller Bearings in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
China | 853 | 1,153 | 35.2% | ||
United States | 463 | 424 | -8.4% | ||
Italy | 386 | 278 | -28.0% | ||
France | 212 | 200 | -5.7% | ||
Belgium | 219 | 185 | -15.5% | ||
Poland | 168 | 178 | 6.0% | ||
Austria | 202 | 174 | -13.9% | ||
Romania | 160 | 168 | 5.0% | ||
Czech Republic | 171 | 150 | -12.3% | ||
Spain | 128 | 134 | 4.7% | ||
India | 159 | 131 | -17.6% | ||
Netherlands | 151 | 130 | -13.9% | ||
Slovakia | 158 | 124 | -21.5% | ||
Others | 730 | 653 | -10.5% | ||
Total | 4,159 | 4,082 | -1.9% |
Top Export Markets for Ball and Roller Bearings from Germany in 2022:
- China (4.9K tons)
- United States (1.8K tons)
- Italy (1.2K tons)
- Poland (0.8K tons)
- France (0.8K tons)
- Belgium (0.8K tons)
- Romania (0.7K tons)
- Austria (0.7K tons)
- Czech Republic (0.6K tons)
- India (0.6K tons)
- Spain (0.6K tons)
- Netherlands (0.5K tons)
- Slovakia (0.5K tons)
Bearing Imports in Germany
In 2022, the amount of ball and roller bearings imported into Germany expanded sharply to 247K tons, with an increase of 8.9% on 2021. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, bearing imports expanded sharply to $3.8B in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Ball and Roller Bearings in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Slovakia | 509 | 450 | -11.6% | ||
Austria | 490 | 403 | -17.8% | ||
China | 424 | 364 | -14.2% | ||
Romania | 395 | 338 | -14.4% | ||
Italy | 381 | 308 | -19.2% | ||
France | 314 | 260 | -17.2% | ||
Netherlands | 62.6 | 192 | 206.7% | ||
Japan | 319 | 156 | -51.1% | ||
Hungary | 105 | 93.6 | -10.9% | ||
United States | 143 | 82.6 | -42.2% | ||
South Korea | 117 | 76.6 | -34.5% | ||
Belgium | 22.7 | 71.4 | 214.5% | ||
Czech Republic | 94.5 | 69.4 | -26.6% | ||
Others | -60.1 | -173.6 | 188.9% | ||
Total | 3,318 | 2,691 | -18.9% |
Top Suppliers of Ball and Roller Bearings to Germany in 2022:
- Slovakia (0.7K tons)
- Austria (0.6K tons)
- Romania (0.5K tons)
- Italy (0.5K tons)
- China (0.5K tons)
- France (0.4K tons)
- Netherlands (0.3K tons)
- Japan (0.2K tons)
- Czech Republic (0.1K tons)
- United States (0.1K tons)
- Belgium (0.1K tons)
- Hungary (0.1K tons)
- South Korea (0.1K tons)
This report provides an in-depth analysis of the bearing market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the bearing market in Germany.
This report provides an in-depth analysis of the ball bearing market in Germany.
This report provides an in-depth analysis of the tools for bearing market in Germany.
This report provides an in-depth analysis of the cylindrical roller bearing market in Germany.
This report provides an in-depth analysis of the needle roller bearing market in Germany.
This report provides an in-depth analysis of the ball bearing parts market in Germany.
This report provides an in-depth analysis of the roller bearing market in Germany.
This report provides an in-depth analysis of the spherical roller bearing market in Germany.
This report provides an in-depth analysis of the tapered roller bearing market in Germany.
This report provides an in-depth analysis of the global bearing market.
Cylindrical Roller Bearing price in June 2023 was $33,018 per ton (FOB, Germany), marking a decrease of -2.3% compared to the previous month.
In April 2023, the price of Needle Roller Bearing was $37,689 per ton (FOB, Germany), experiencing a 5.7% increase compared to the previous month.
The exports of Roller Bearing reached their highest point at 945 tons but significantly decreased in the subsequent month. In terms of value, the exports of Roller Bearing reduced considerably to $16M in September 2023.
The exports of Spherical Roller Bearings reached a record high of 27K tons in 2021. However, from 2022 to 2023, the exports remained relatively stable at a lower figure. In terms of value, the exports of spherical roller bearings were valued at $339M in 2023.
The Germany Spherical Roller Bearing exports peaked at 27K tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum. In value terms, Spherical Roller Bearing exports reached $339M in 2023.
In general, there is a slight slump in exports. The value of Spherical Roller Bearing exports increased significantly to $29M in September 2023.
In August 2022, the growth of the Spherical Roller Bearing industry was at its highest, with a 15% increase in exports compared to the previous month. The value of these exports reached $31M by July 2023.
In March 2023, the tapered roller bearing price stood at $16,028 per ton (FOB, Germany), with an increase of 3.3% against the previous month.
Explore the top import markets for ball bearings, including Germany, China, the United States, and more. Find key statistics and data on the global demand for ball bearings.
Discover the leading import markets for cylindrical roller bearings and their impact on the global industry. From China to South Korea, learn about the key players driving the demand for these essential components.