The European import market for forestry machinery is led by the United Kingdom, commanding over half of the market share at 55.47%, with Germany trailing at 9.17%. Other significant importers include France, Czechia, and Estonia. Notably, Estonia and Belgium saw substantial growth in 2023, with increases of 57.09% and 33.59% respectively, while Spain's imports contracted by 27.72%. Over the last five years, the compound annual growth rate (CAGR) reveals fluctuating interests differing by country.
Future trends to watch include:
- Potential shifts in supply chains affecting the United Kingdom post-Brexit and its impact on market share.
- The increasing role of sustainable practices influencing machinery requirements.
- Technological advancements potentially boosting demand in countries with low market share.
- Economic recovery trajectories post-pandemic influencing purchasing power across Europe.
Top countries in Import of Forestry Machinery Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 55.47 | 2023 | +4.42% | +10.82% | View data |
| 2 | 2 Germany | 9.17 | 2023 | +15.98% | +30.86% | View data |
| 3 | 3 France | 6.61 | 2023 | +1.88% | +5.04% | View data |
| 4 | 4 Czechia | 5.26 | 2023 | |||
| 5 | 5 Estonia | 4.96 | 2023 | +21.37% | +57.09% | View data |
| 6 | 6 Belgium | 4 | 2023 | -3.27% | +33.59% | View data |
| 7 | 7 Spain | 3.78 | 2023 | +2.64% | -27.72% | View data |
| 8 | 8 Greece | 3.75 | 2023 | +28.67% | +38.32% | View data |
| 9 | 9 Portugal | 2.8 | 2023 | +18.04% | -2.2% | View data |
| 10 | 10 Sweden | 2.64 | 2023 | +2.82% | +17.8% | View data |
