In 2023, the largest European importers of work holders for machine and hand tools were Germany and Italy, with Italy experiencing a 6.46% increase and Germany seeing a 2.15% decrease in volume. Notably, Belgium and Portugal saw substantial growth, with imports rising by 19.6% and 20.87%, respectively. Slovakia's import surged by 17.01%, and Ireland, Denmark, Croatia, Lithuania, and Estonia also showed strong growth. The United Kingdom experienced the largest decline at 8.93%, while France, Sweden, Slovenia, and Romania showed moderate declines.
In terms of future trends, the emphasis on automation and precision manufacturing in Europe is expected to drive demand, possibly increasing imports in countries investing in these technologies. Observing economic policies and manufacturing investments will offer insights into potential shifts in import patterns.
Top countries in Import of Work Holders for Machine-Tools and Hand Tools (Excluding Jigs and Fixtures for Specific Applications, and Sets of Standard Jig and Fixture Components, Those for Lathes) by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,935,200 | 2023 | +6.32% | -2.15% | View data |
| 2 | 2 Italy | 1,923,800 | 2023 | +13.61% | +6.46% | View data |
| 3 | 3 Spain | 806,080 | 2023 | +14.02% | -0.9% | View data |
| 4 | 4 Austria | 608,700 | 2023 | +1.82% | +6.95% | View data |
| 5 | 5 United Kingdom | 511,010 | 2023 | -13.56% | -8.93% | View data |
| 6 | 6 Czechia | 443,660 | 2023 | |||
| 7 | 7 Slovakia | 365,620 | 2023 | +5.11% | +17.01% | View data |
| 8 | 8 Poland | 331,660 | 2023 | +2.24% | +4.25% | View data |
| 9 | 9 Belgium | 311,230 | 2023 | +20.99% | +19.6% | View data |
| 10 | 10 Sweden | 240,870 | 2023 | +2.39% | -2.13% | View data |
