In 2023, Germany led European imports of transmission shafts with a commanding share, while Austria, the UK, and Sweden followed. Noteworthy changes in 2023 include Denmark's 7.33% growth, while the UK and France saw declines of -3.44% and -6.97%, respectively. Over a five-year period, the general trend for several countries, such as Poland and Spain, showed a positive trajectory, though countries like France and Portugal experienced downturns.
Looking forward, expect increased competition from Eastern Europe, bolstered by moderate growth in Poland and Romania. Automation and electric vehicle trends may further alter the dynamics and demands in this sector.
Top countries in Import of Transmission Shafts (Including Cam and Crank Shafts) and Cranks Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.72 | 2023 | +9.03% | +0.23% | View data |
| 2 | 2 Austria | 8.38 | 2023 | +7.98% | +0.38% | View data |
| 3 | 3 United Kingdom | 8.27 | 2023 | -1.03% | -3.44% | View data |
| 4 | 4 Sweden | 7.79 | 2023 | +10.64% | +1.01% | View data |
| 5 | 5 Poland | 7.75 | 2023 | +1.71% | +2.64% | View data |
| 6 | 6 Italy | 6 | 2023 | +3.14% | +0.54% | View data |
| 7 | 7 Spain | 5.31 | 2023 | +13.73% | +3% | View data |
| 8 | 8 France | 4.87 | 2023 | +6.3% | -6.97% | View data |
| 9 | 9 Hungary | 4.38 | 2023 | +0.17% | -1.43% | View data |
| 10 | 10 Romania | 4.2 | 2023 | +3.92% | +2.15% | View data |
