The United Kingdom leads European exports of numerically controlled tool-milling machines for working metal, commanding 59.36% market share, while Germany, previously a strong competitor, now shows no activity. Poland and Italy follow, holding shares of 8.37% and 8.16%, respectively. Belgium's exports have grown notably by 35.37% from 2023, whereas France and Austria witnessed significant declines. Latvia's share increased by 10.93%, while Sweden saw the steepest drop of 58.68%. Notably, the United Kingdom, Poland, and Slovenia show positive growth momentum from 2023 data, and overall, the past five years have seen fluctuating dynamics influenced by shifts in Germany and other markets.
Future trends to watch in European export include diversification strategies by key players like the UK and adaptive technologies to enhance competitive edge in emerging markets. It will be crucial to monitor how Germany plans to regain its footing and the potential increase in intra-European collaboration to counter global competition. Additionally, innovation in machine technologies and sustainable practices will likely drive export trends, possibly altering existing market dynamics in the years ahead.
Top countries in Export of Numerically Controlled Tool-Milling Machines for Working Metal Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 59.36 | 2023 | +4.94% | +3.62% | View data |
| 2 | 2 Germany | 13.6 | 2023 | -25.39% | View data | |
| 3 | 3 Poland | 8.37 | 2023 | +3.24% | +3.98% | View data |
| 4 | 4 Italy | 8.16 | 2023 | -17.63% | -4.93% | View data |
| 5 | 5 Croatia | 1.34 | 2023 | -3.33% | -2.75% | View data |
| 6 | 6 Belgium | 0.77 | 2023 | +2.04% | +35.37% | View data |
| 7 | 7 Latvia | 0.65 | 2023 | +5% | +10.93% | View data |
| 8 | 8 France | 0.53 | 2023 | -15% | -16.94% | View data |
| 9 | 9 Austria | 0.45 | 2023 | -25.64% | -22.24% | View data |
| 10 | 10 Slovenia | 0.45 | 2023 | +3.57% | +3.86% | View data |
