Germany remains the largest importer of fasteners and screw machine products in Europe, although its imports slightly declined by 0.27% in 2023. Spain showed a significant increase of 18.88% in the same period, highlighting a growing demand. Positive growth was observed in countries like France, Poland, and the Netherlands, whereas the UK and Italy registered minor declines. Emerging markets such as Latvia and Malta experienced notable import growth, suggesting potential future import hotspots.
Future trends to watch include Spain's rising demand and potential shifts in the UK market due to economic factors. Monitoring effects of trade policies and manufacturing shifts will be crucial for understanding the European import landscape in fasteners and screw machine products.
Top countries in Import of Fasterners and Screw Machine Products by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,037,600,000 | 2023 | +5.52% | -0.27% | View data |
| 2 | 2 Spain | 547,980,000 | 2023 | +0.25% | +18.88% | View data |
| 3 | 3 France | 386,020,000 | 2023 | +5.48% | +0.52% | View data |
| 4 | 4 Poland | 338,100,000 | 2023 | +3.17% | +4.03% | View data |
| 5 | 5 Netherlands | 329,700,000 | 2023 | +2.58% | +1.72% | View data |
| 6 | 6 United Kingdom | 302,730,000 | 2023 | +0.29% | -0.08% | View data |
| 7 | 7 Italy | 268,270,000 | 2023 | +4.73% | -0.18% | View data |
| 8 | 8 Czechia | 253,420,000 | 2023 | |||
| 9 | 9 Belgium | 240,640,000 | 2023 | +8.03% | +0.87% | View data |
| 10 | 10 Slovakia | 238,300,000 | 2023 | +2.35% | -0.79% | View data |
