Earlier Report Observations
From 2020 to 2022, the Swedish cylindrical roller bearing market volume increased from 1 183 t to 1 418 t, while its value rose from USD 21.4 million to USD 27.2 million. This growth aligned with a global surge in demand for such bearings, driven by technological advances and increased automation in industrial sectors, which influenced Sweden through international trade flows.
After reaching a peak in 2022, market volume contracted to 1 203 t by 2024. In value terms, the market continued to grow, reaching USD 29.6 million in 2023 before declining to USD 25.6 million in 2024. The divergence between volume and value indicates a shift toward higher-value products within the market.
In 2024, major global players like SKF launched new high-performance cylindrical roller bearings with improved dynamic load capacity and longer service life. These product innovations, alongside sustained global demand for bearings in automated and high-performance applications, represented a key development in the market's technological landscape.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2020-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2020-2024
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4.1.2. In value
- 4.1.2.1. Production, 2020-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2020-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Sweden
- 5.1.1. In kind, 2020-2024, t
- 5.1.2. In value, 2020-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Sweden
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production cylindrical roller bearings in Sweden
In value, 2017-2020, K $ US
Annual dynamics of production in Sweden in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
In kind, 2017-2020, t
Annual dynamics of production in Sweden in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports cylindrical roller bearings from Sweden
Exports in kind, t
Sweden's export volume of cylindrical roller bearings declined after two years of growth. In 2020, exports stood at 1 613 tonnes, representing a 29.4% decrease compared to the previous year. Over the period from 2017 to 2020, exports increased by 3%, with a compound annual growth rate of 1.0%. The highest export volume was recorded in 2019 at 2 287 tonnes, which also saw the largest annual increase of 45.4%.
Annual dynamics of product's exports from Sweden in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.5% | 45.4% | (29.4%) | 1.0% |
From 2017 to 2020, Sweden's exports of cylindrical roller bearings in kind were distributed across a diverse range of partner countries. The top three destinations—Bulgaria (16.1% of exports), France (14.8%), and Germany (14.5%)—collectively accounted for 45.4% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Sweden in kind, 2017-2020
Exports in value, K $ US
After two years of growth, Sweden's exports of cylindrical roller bearings in value terms declined. In 2020, exports amounted to 12 538 thousand US dollars, down 33.6% from the previous year. Over the 2017-2020 period, exports decreased by 18.6%, with a compound annual growth rate of -6.6%. The peak value was reached in 2019 at 18 885 thousand US dollars, which also experienced the largest annual increase of 13.5%.
Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.1% | 13.5% | (33.6%) | (6.6%) |
Between 2017 and 2020, Sweden's cylindrical roller bearings were exported to numerous markets. Even the largest destinations—Finland, France, and Germany—together represented only 39.4% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Sweden in value, 2017-2020
Imports cylindrical roller bearings to Sweden
Imports in kind, t
The import volume of cylindrical roller bearings into Sweden showed an unstable trend from 2017 to 2020. The lowest point was in 2017, while the peak occurred in 2019, with a 1.9-fold difference between these years. In 2020, imports totaled 2 199 tonnes, marking a sharp decline of 35.3% compared to 2019. The maximum import volume was recorded in 2019 at 3 399 tonnes, and the largest annual increase was in 2018 at 79.3%.
Annual dynamics of product's imports to Sweden in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 79.3% | 6.9% | (35.3%) | 7.4% |
From 2017 to 2020, Sweden's imports of cylindrical roller bearings in kind were highly concentrated. Poland and Germany together accounted for 83.0% of total import flows, with the remaining share distributed among other partners.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Sweden in kind, 2017-2020
Imports in value, K $ US
Sweden's imports of cylindrical roller bearings in value terms declined for the second consecutive year. In 2020, imports were approximately 27 645 thousand US dollars, a sharp decrease of 31.9% from the previous year. Over the 2017-2020 period, imports fell by 9.5%, with a compound annual growth rate of -3.3%. The highest import value was recorded in 2018 at 42 119 thousand US dollars, which also saw the largest annual increase of 37.8%.
Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 37.8% | (3.6%) | (31.9%) | (3.3%) |
Between 2017 and 2020, Germany and Poland dominated Sweden's imports of cylindrical roller bearings in value terms, capturing 81.3% of the total. The remaining imports were thinly spread across other markets.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Sweden in value, 2017-2020
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