In 2023, Germany led the European export of lifting and handling equipment with 13.46% of the market share by kilograms, followed by Hungary and Poland with 12.78% and 12.53% respectively. Noteworthy year-on-year changes include Poland's growth of 4.5% and Sweden's increase of 6.13%. Conversely, Romania experienced a significant decline of 23.58%. Over the last five years, European exports in this sector showed variable CAGR, indicating diverse growth patterns across different countries.
Future trends to watch include the potential expansion of Poland and Slovakia, both demonstrating significant positive trends, while France and Sweden can also expect continued advancement assuming current conditions persist. The impact of supply chain changes and technological advancements may also influence future export dynamics in Europe.
Top countries in Export of Lifting and Handling Equipment Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13.46 | 2023 | +5.33% | +0.44% | View data |
| 2 | 2 Hungary | 12.78 | 2023 | +1.71% | -0.52% | View data |
| 3 | 3 Poland | 12.53 | 2023 | +4.3% | +4.5% | View data |
| 4 | 4 Italy | 11.82 | 2023 | +4.33% | -0.79% | View data |
| 5 | 5 Netherlands | 9.74 | 2023 | +9.33% | +4.74% | View data |
| 6 | 6 United Kingdom | 5.3 | 2023 | +1.93% | +1.55% | View data |
| 7 | 7 Sweden | 5.14 | 2023 | +17.52% | +6.13% | View data |
| 8 | 8 Austria | 3.92 | 2023 | +4.02% | -0.16% | View data |
| 9 | 9 Denmark | 3.88 | 2023 | +6.92% | -0.083% | View data |
| 10 | 10 Spain | 3.66 | 2023 | +4.24% | +3.72% | View data |
