The Netherlands holds the largest share of electromechanical hand tools exports in Europe at 20.44%, with Austria and Spain following at 17.2% and 13.01% respectively. Noteworthy growth was seen in Estonia, Portugal, and Malta with significant percentage increases in 2023, while countries like Hungary and France experienced declines. The German market, despite its industrial prowess, ranks below Belgium and is closely followed by Hungary and Slovenia.
Forecasts suggest increasing value for smaller markets such as Estonia and Ireland, considering their recent growth patterns. Observing advancements in manufacturing technology and sustainability initiatives can offer insights into emerging leaders and shifts in export shares. Innovations and sustainability will likely drive growth, especially in underrepresented economies leveraging new technologies.
Top countries in Export of Electromechanical Hand Tools Operated without an External Source of Power Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 20.44 | 2023 | +8.1% | +24.04% | View data |
| 2 | 2 Austria | 17.2 | 2023 | +9.81% | +14.51% | View data |
| 3 | 3 Spain | 13.01 | 2023 | +20.5% | +33.69% | View data |
| 4 | 4 Belgium | 10.9 | 2023 | +7% | +8.14% | View data |
| 5 | 5 Germany | 9.21 | 2023 | +15.07% | +16.55% | View data |
| 6 | 6 Hungary | 8.18 | 2023 | -1.36% | -2.27% | View data |
| 7 | 7 Slovenia | 4.04 | 2023 | +5.86% | +9.39% | View data |
| 8 | 8 Czechia | 3.8 | 2023 | |||
| 9 | 9 Romania | 3.3 | 2023 | +6.61% | +13.18% | View data |
| 10 | 10 Poland | 2.58 | 2023 | +3.85% | +2.7% | View data |
