Eastern Europe: Cylindrical Roller Bearing Market 2024

Cylindrical Roller Bearing Market Size in Eastern Europe

The East European cylindrical roller bearing market shrank to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Cylindrical Roller Bearing Production in Eastern Europe

In value terms, cylindrical roller bearing production fell to $X in 2022 estimated in export price. The total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Cylindrical Roller Bearing Exports

Exports in Eastern Europe

For the third consecutive year, Eastern Europe recorded decline in shipments abroad of cylindrical roller bearings, which decreased by X% to X tons in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, cylindrical roller bearing exports rose remarkably to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Romania (X tons) and Slovakia (X tons) represented roughly X% of total exports in 2022. Poland (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Russia (X%) and the Czech Republic (X%). Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Czech Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Slovakia ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. The Czech Republic, Russia and Belarus lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 the Czech Republic ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced mixed trends in the export price figures.

Cylindrical Roller Bearing Imports

Imports in Eastern Europe

Cylindrical roller bearing imports declined slightly to X tons in 2022, remaining constant against the previous year's figure. In general, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, cylindrical roller bearing imports contracted modestly to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

Russia dominates imports structure, amounting to X tons, which was near X% of total imports in 2022. The Czech Republic (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Slovakia (X%), Romania (X%) and Poland (X%). The following importers - Ukraine (X tons) and Belarus (X tons) - each amounted to a X% share of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Slovakia (X%), Romania (X%), Poland (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) and Ukraine (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Slovakia, Romania, Poland and the Czech Republic increased by X, X, X and X percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported cylindrical roller bearings in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

In Russia, cylindrical roller bearing imports declined by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :