Ball or roller bearings market in Spain

Earlier Report Observations

The Spanish market for ball or roller bearings saw its size decrease from $654.4 million in 2018 to $600.5 million in 2019 before a partial recovery to $633.1 million in 2020. A significant expansion occurred in 2021, with the market reaching $761.9 million. This surge coincided with NSK Ltd.'s launch of a new generation of spherical roller bearings, featuring a patented cage design that improved productivity, reliability, and load capacity for industrial users, stimulating broader sector demand.

Following the peak, the market contracted to $654.2 million in 2022 and further to $621.8 million in 2024. During this period, the industry began adapting to new regulatory frameworks. The Royal Decree 1055/2022, establishing future labeling rules for packaging and waste, introduced new obligations for manufacturers and distributors, affecting logistics and packaging costs for industrial components like bearings ahead of its 2025 implementation. Simultaneously, changes in European regulations on machinery and vertical agreements altered distribution channels and compliance requirements for the supply chain.

Production ball or roller bearings in Spain

In value, 2017-2020, M $ US

Spain's production of ball or roller bearings declined for the second year in a row. In 2020, output was valued at 363.6 million US dollars, marking a 10.2% decrease from the previous year. Over the period from 2017 to 2020, production fell by 14.8%, with an average annual decline of 5.2%. The peak was reached in 2018 at 428.2 million US dollars, which saw a modest increase of 0.3% that year.

Annual dynamics of production in Spain in value, 2017-2020, M $ US

Exports ball or roller bearings from Spain

Exports in kind, t

After two years of growth, Spain's exports of ball or roller bearings declined. In 2020, the country exported 28,233 tonnes, a significant drop of 15.5% compared to the previous year. The highest volume was recorded in 2019 at 33,392 tonnes, while the largest increase occurred in 2018 with an 11.8% rise.

Annual dynamics of product's exports from Spain in kind, 2017-2020, t

From 2017 to 2020, Germany, France, and Denmark were the key destinations for Spain's exports of ball or roller bearings in volume terms. Germany accounted for 34.5% of exports, France for 13.3%, and Denmark for 11.2%, together making up 59.1% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, M $ US

Spain's exports of ball or roller bearings in value terms declined for the second consecutive year. In 2020, exports totaled 269.5 million US dollars, reflecting an 11.7% contraction from the previous year. Between 2017 and 2020, exports grew by 3.3%, equivalent to an annualized rate of 1.1%. The peak value was in 2018 at 307.6 million US dollars, which saw the largest increase of 17.9% that year.

Annual dynamics of product's exports from Spain in value, 2017-2020, M $ US

From 2017 to 2020, the leading destinations for Spain's exports of ball or roller bearings in value terms were Germany, France, and Denmark. Germany represented 29.6% of exports, France 16.6%, and Denmark 7.0%, collectively accounting for 53.2% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports ball or roller bearings to Spain

Imports in kind, t

In 2020, Spain's imports of ball or roller bearings in volume terms amounted to 51,622 tonnes, showing a 9.4% increase year-over-year. The lowest volume was in 2019 at 47,179 tonnes, while the peak was in 2018 at 59,569 tonnes. The largest decline occurred in 2019 with a 20.8% drop, and the largest increase was in 2018 with a 14.2% rise.

Annual dynamics of product's imports to Spain in kind, 2017-2020, t

From 2017 to 2020, France, Germany, and China were the main sources for Spain's imports of ball or roller bearings in volume terms. France accounted for 21.7% of imports, Germany for 16.6%, and China for 15.6%, together representing 54.0% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, M $ US

In 2020, Spain's imports of ball or roller bearings in value terms totaled 539.0 million US dollars, up by 7.6% compared to 2019. Between 2017 and 2020, imports increased by 19.3%, equating to an annualized growth rate of 6.1%. The largest decline was in 2019 with a 6.1% drop, while the largest increase occurred in 2018 with an 18.2% rise.

Annual dynamics of product's imports to Spain in value, 2017-2020, M $ US

From 2017 to 2020, Germany, France, and China formed the key group of partners for Spain's imports of ball or roller bearings in value terms. Germany accounted for 28.5% of imports, France for 17.0%, and China for 9.6%, jointly representing 55.1% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020