The European import market for sawing or cutting-off machines for working metals, metal carbides, or cermets in 2024 shows Ireland as a dominant player with a significant share increase of 114.39% year-on-year. Poland, France, and Spain also demonstrated robust growth rates at 14.45%, 6.94%, and 37.98% respectively. However, notable declines were observed in the United Kingdom at -9.88% and Finland at -2.13%. Emerging markets like Romania, with a growth of 21.64%, and Portugal, at 15.81%, showcase promising opportunities. Over the past five years, Spain, Luxembourg, and the Netherlands have experienced strong growth, highlighted by their impressive CAGRs.
Future trends to watch in the European market include the potential for Ireland to further consolidate its position as a leading importer due to robust demand from its expanding industrial sectors. Poland and Spain might continue their upward momentum by leveraging regional manufacturing capabilities. The rise of automation and technological advancements is expected to influence demand patterns, fostering increased import activity across technologically progressive countries. Monitoring these dynamics will be crucial for stakeholders looking to optimize supply chain strategies and capture growth opportunities in this evolving market landscape.
Top countries in Import of Sawing or Cutting-Off Machines for Working Metals, Metal Carbides or Cermets Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 48.8 | 2023 | +38.02% | +114.39% | View data |
| 2 | 2 Poland | 7.98 | 2023 | +0.31% | +14.45% | View data |
| 3 | 3 France | 6.83 | 2023 | +6.24% | +6.94% | View data |
| 4 | 4 Germany | 6.01 | 2023 | +3.47% | +5.98% | View data |
| 5 | 5 Spain | 5.51 | 2023 | +16.74% | +37.98% | View data |
| 6 | 6 Netherlands | 5.28 | 2023 | +18.38% | +26.93% | View data |
| 7 | 7 Belgium | 4.05 | 2023 | +21.95% | -1.29% | View data |
| 8 | 8 United Kingdom | 3.86 | 2023 | -7.94% | -9.88% | View data |
| 9 | 9 Italy | 2.55 | 2023 | +6.86% | +0.27% | View data |
| 10 | 10 Austria | 2.47 | 2023 | -0.74% | +13.69% | View data |
