Combined ball and roller bearings market in Italy

Earlier Report Observations

In 2018, the Italian market for combined ball and roller bearings reached 12 628 t, supported by growing demand for more efficient and durable bearings from the automotive, aerospace, wind energy, and mechatronics sectors, alongside the expansion of electric mobility. The market volume then declined to 10 206 t in 2019 and further to 9 549 t in 2020.

A recovery began in 2021, with market volume rising to 13 481 t, driven by the rebound of the Italian machine tool, robotics, and automation industry, where production increased by 22.1%. Growth accelerated sharply in 2022 to 18 393 t, fueled by the full recovery of the machine tool market with a 15% production increase and strong domestic consumption, coupled with rising demand for bearings used in electric vehicles and wind power installations.

In 2023, the market volume decreased to 15 184 t, reflecting weakness in the domestic Italian market for machinery, even as the machine tool sector's exports grew by 21.8%. A slight recovery followed in 2024, with volume reaching 15 500 t.

Production combined ball and roller bearings in Italy

In value, 2017-2020, M $ US

Italy's production of combined ball and roller bearings in monetary terms rebounded after two years of decline. In 2019, output reached its lowest point at 162.7 million US dollars, but then increased by 3.9% in 2020 to 169.1 million US dollars. Over the 2017-2020 period, production fell by 19.7%, with an average annual decline of 7.1%. The sharpest drop occurred in 2019, when production decreased by 22.2%.

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

In kind, 2017-2020, t

Italy's production volume of combined ball and roller bearings declined for the third consecutive year. In 2020, output was 10,497 tonnes, down 5.0% from the previous year. Over the 2017-2020 period, production decreased by 31.7%, with an average annual decline of 11.9%.

Annual dynamics of production in Italy in kind, 2017-2020, t

Exports combined ball and roller bearings from Italy

Exports in kind, t

Italy's exports of combined ball and roller bearings in volume terms fell for the third year in a row. In 2020, exports totaled 3,070 tonnes, a 14.0% decrease compared to 2019. Over the 2017-2020 period, exports dropped by 18.6%, with an average annual decline of 6.6%.

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

From 2017 to 2020, Germany, France, and Turkey were the main destinations for Italy's exports of combined ball and roller bearings in volume terms. Germany accounted for 43.4% of exports, France for 13.4%, and Turkey for 5.5%. Together, these three countries represented 62.3% of total export flows.

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

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

Exports in value, M $ US

Italy's exports of combined ball and roller bearings in value terms declined after two years of growth. In 2019, exports peaked at 101.4 million US dollars, but then fell by 13.7% in 2020 to 87.5 million US dollars. Over the 2017-2020 period, exports decreased by 5.9%, with an average annual decline of 2.0%. The largest increase occurred in 2018, when exports rose by 7.5%.

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

From 2017 to 2020, Germany, France, and China were the key markets for Italy's exports of combined ball and roller bearings in value terms. Germany accounted for 40.9% of exports, France for 11.7%, and China for 4.9%. Combined, these three countries made up 57.5% of total export flows.

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

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

Imports combined ball and roller bearings to Italy

Imports in kind, t

Italy's imports of combined ball and roller bearings in volume terms saw a significant drop in 2020, totaling 2,122 tonnes, which was 22.2% lower than in 2019. Over the 2017-2020 period, imports decreased by 27.8%, with an average annual decline of 10.3%. The only increase during this period was in 2019, when imports rose by 1.9%.

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

From 2017 to 2020, China, Germany, and Slovakia were the leading sources for Italy's imports of combined ball and roller bearings in volume terms. China accounted for 38.7% of imports, Germany for 17.3%, and Slovakia for 15.9%. Together, these three countries represented 71.9% of total import flows.

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

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

Imports in value, M $ US

Italy's imports of combined ball and roller bearings in value terms declined sharply in 2020, totaling 31.2 million US dollars, down 22.0% from 2019. Over the 2017-2020 period, imports fell by 23.9%, with an average annual decline of 8.7%. The only increase during this period was in 2019, when imports rose by 1.7%.

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

From 2017 to 2020, Germany, China, and Slovakia were the main sources for Italy's imports of combined ball and roller bearings in value terms. Germany accounted for 26.1% of imports, China for 24.4%, and Slovakia for 11.9%. Combined, these three countries absorbed 62.3% of total import flows.

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

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