The Netherlands dominates the European import market of tapping tools, with significant year-on-year growth of 34.57%. Germany follows, maintaining stability with a modest increase of 1.53%. While some countries like France and the United Kingdom experienced declines, nations like Belgium and Luxembourg saw notable improvements of 13.9% and 21.02%, respectively. Overall, the import landscape exhibits varied trends across Europe, with some countries showing robust growth while others face declines.
Future Trends to Watch:
- The Netherlands' rising import values may continue to strengthen its market position.
- Watch for potential recovery in declining markets, like Spain and the UK.
- Developments in technology may shift demand dynamics across countries.
- Economic policies and trade agreements will significantly impact future import patterns.
Top countries in Import of Tapping Tools for Working Metal by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 2,005,200 | 2023 | -0.15% | +34.57% | View data |
| 2 | 2 Germany | 796,560 | 2023 | +6.34% | +1.53% | View data |
| 3 | 3 France | 431,500 | 2023 | +5.51% | -1.14% | View data |
| 4 | 4 Italy | 267,470 | 2023 | +4.43% | +3.06% | View data |
| 5 | 5 Austria | 264,410 | 2023 | +2.69% | +0.61% | View data |
| 6 | 6 Poland | 194,110 | 2023 | +4.03% | +3.1% | View data |
| 7 | 7 Czechia | 161,170 | 2023 | |||
| 8 | 8 United Kingdom | 134,310 | 2023 | -3.37% | -3.17% | View data |
| 9 | 9 Belgium | 119,250 | 2023 | +1.6% | +13.9% | View data |
| 10 | 10 Spain | 104,990 | 2023 | +3.1% | -3.71% | View data |
