The European market for millstones, grindstones, and grinding wheels shows Germany as the dominant exporter, contributing 40.92% of total exports, despite a minor decline of 3.39% in 2023. Italy and Poland follow at 21.15% and 10.95%, with Italy experiencing a significant drop of 12.72%, while Poland increased by 9.01%. Notably, Lithuania experienced a remarkable growth of 35.24%, indicating a shift in production or demand dynamics.
Future trends to watch include:
- The stabilization of Germany's exports amidst European demand fluctuations.
- Monitoring Italy's export recovery following its decline.
- Opportunities for Eastern European countries like Poland and Lithuania to expand their market share.
- Evolving manufacturing technologies and trade agreements impacting export dynamics.
Top countries in Export of Millstones, Grindstones, Grinding Wheels and the Like, without Frameworks, of Non-Reinforced Synthetic or Artificial Resin Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.92 | 2023 | +20.32% | -3.39% | View data |
| 2 | 2 Italy | 21.15 | 2023 | -13.67% | -12.72% | View data |
| 3 | 3 Poland | 10.95 | 2023 | +4.2% | +9.01% | View data |
| 4 | 4 Austria | 9.64 | 2023 | +6.33% | -0.047% | View data |
| 5 | 5 Slovenia | 6.01 | 2023 | +1.61% | +1.36% | View data |
| 6 | 6 Spain | 4.4 | 2023 | +1.65% | +8.56% | View data |
| 7 | 7 Netherlands | 3.13 | 2023 | -1.01% | +0.54% | View data |
| 8 | 8 Czechia | 2.56 | 2023 | |||
| 9 | 9 Sweden | 1.83 | 2023 | +5.2% | +3.27% | View data |
| 10 | 10 France | 0.97 | 2023 | +15.1% | -0.82% | View data |
