In 2023, Greece led European imports of vertical machining centres for working metal with significant growth of 192.73%. Luxembourg and Ireland also saw notable increases, at 121.83% and 100.98%, respectively. Conversely, the UK and Germany faced declines, at -22.33% and -1.55%. Spain, Hungary, and Slovakia displayed strong growth, exhibiting increments of 61.28%, 83.91%, and 26.59%, respectively. Other notable growth occurred in the Netherlands, and Belgium, while Poland and Austria experienced slight declines. Sweden, Romania, and Denmark also saw reductions in their import values.
Looking forward, emerging manufacturing hubs like Hungary and Slovakia may enhance imports due to favorable investment climates. Continuous technological advancements are likely to boost demand, especially in economies focusing on industrial modernization. Watch for potential fluctuations driven by geopolitical influences and economic policies influencing trade dynamics across Europe.
Top countries in Import of Vertical Machining Centres for Working Metal by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 50,090 | 2023 | +0.41% | +192.73% | View data |
| 2 | 2 Luxembourg | 26,100 | 2023 | +4.87% | +121.83% | View data |
| 3 | 3 United Kingdom | 18,210 | 2023 | +1.41% | -22.33% | View data |
| 4 | 4 Spain | 16,840 | 2023 | +21.92% | +61.28% | View data |
| 5 | 5 Hungary | 6,880 | 2023 | +6.92% | +83.91% | View data |
| 6 | 6 Netherlands | 5,310 | 2023 | +12.63% | +19.68% | View data |
| 7 | 7 Belgium | 4,810 | 2023 | +18.1% | +5.28% | View data |
| 8 | 8 Italy | 3,830 | 2023 | +30.99% | +12.99% | View data |
| 9 | 9 Slovakia | 3,710 | 2023 | -0.054% | +26.59% | View data |
| 10 | 10 Germany | 3,060 | 2023 | +12.73% | -1.55% | View data |
