In 2023, Germany held the largest share of European imports of milling tools (excluding for working metal) by kilograms at 25.97%. Spain followed with 19.53%, reflecting the highest growth rate of 36.55%. The United Kingdom experienced minimal growth at 1.34%, while France saw a slight decline of 1.8%. Notable growth was observed in Greece at 37.43%. The compound annual growth rate (CAGR) over the last five years indicates an overall gradual increase across most countries, with significant variations.
Future trends to watch include:
- Increased diversification in import sources driven by technology advancements.
- Potential market disruptions due to geopolitical changes or economic policies affecting trade.
- Adoption of sustainable practices in production could influence import preferences.
Top countries in Import of Milling Tools (Excluding for Working Metal) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.97 | 2023 | +15.49% | +16.44% | View data |
| 2 | 2 Spain | 19.53 | 2023 | +3.73% | +36.55% | View data |
| 3 | 3 Poland | 6.95 | 2023 | +2.85% | +4.02% | View data |
| 4 | 4 Austria | 6.29 | 2023 | +4.5% | +5.04% | View data |
| 5 | 5 Slovenia | 6.23 | 2023 | +4.2% | +7.86% | View data |
| 6 | 6 Netherlands | 5.87 | 2023 | +3.97% | +14.59% | View data |
| 7 | 7 France | 5.22 | 2023 | +3.04% | -1.8% | View data |
| 8 | 8 Belgium | 4.05 | 2023 | +2.29% | +2.11% | View data |
| 9 | 9 United Kingdom | 3.66 | 2023 | +0.093% | +1.34% | View data |
| 10 | 10 Sweden | 2.66 | 2023 | +17.16% | +6.97% | View data |
