Germany leads the European import of interchangeable tools for turning used for working metal, with a share of 19.43% by weight. Portugal follows with a significant share of 16.97%, witnessing one of the highest year-on-year growth rates at 5.23%. Ireland experienced a notable increase of 12.15%, while the UK saw a remarkable 41.38% rise. Conversely, Spain decreased by 7.25%, with Estonia experiencing the steepest decline of 16.5%. Over the past five years, growth trends have been erratic, with certain countries like Ireland and Portugal strengthening their market positions, while others have faced fluctuations.
Future trends to watch include potential shifts in market dynamics driven by technological advancements and eco-friendly regulations. Watch for the possible recovery of countries like Spain and Romania, as well as the continued rise of Ireland and Finland, owing to recent positive growth trends.
Top countries in Import of Interchangeable Tools for Turning Used for Working Metal Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19.43 | 2023 | +4.1% | +0.89% | View data |
| 2 | 2 Portugal | 16.97 | 2023 | +1.8% | +5.23% | View data |
| 3 | 3 Italy | 6.78 | 2023 | +4.19% | -2.33% | View data |
| 4 | 4 Poland | 6.53 | 2023 | +0.56% | -0.2% | View data |
| 5 | 5 Ireland | 6.38 | 2023 | +27.18% | +12.15% | View data |
| 6 | 6 United Kingdom | 6.16 | 2023 | -1.4% | +41.38% | View data |
| 7 | 7 Spain | 5.99 | 2023 | -4.39% | -7.25% | View data |
| 8 | 8 France | 4.89 | 2023 | +10.76% | +1.06% | View data |
| 9 | 9 Romania | 4.36 | 2023 | -1.27% | -4.95% | View data |
| 10 | 10 Austria | 3.35 | 2023 | +9.26% | -0.91% | View data |
