The European export of millstones and related products in 2023 saw notable differences among countries. Italy leads with a volume of 35.767 million kilograms, followed by Germany at 26.001 million kilograms, and Slovenia at 16.607 million kilograms. Noteworthy year-on-year changes include a significant increase in Italy by 11.72%, while Slovenia and the Netherlands showed declines of -2.16% and -1.92%, respectively. Lithuania and Slovakia experienced significant growth, reflecting 11.1% and 15.05% increases. On the other hand, countries like Sweden and Bulgaria saw declines in their export volumes.
Future trends to watch in the industry include:
- Potential growth in niche markets within Europe as emerging countries see increases in production capabilities, like Lithuania and Slovakia.
- Italy's continued dominance in the sector could inspire increased innovation and efficiency improvements in other countries.
- The possible effects of economic and regulatory changes within the European Union on existing export patterns and volume.
- Technological advancements in manufacturing could result in higher efficiency and increased competitive edges for top exporters.
Top countries in Export of Millstones, Grindstones, Grinding Wheels and the Like, without Frameworks, of Reinforced Synthetic or Artificial Resin by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 35,767,000 | 2023 | +0.77% | +11.72% | View data |
| 2 | 2 Germany | 26,001,000 | 2023 | -2.07% | +0.27% | View data |
| 3 | 3 Slovenia | 16,607,000 | 2023 | -0.094% | -2.16% | View data |
| 4 | 4 Poland | 13,793,000 | 2023 | +0.37% | +0.024% | View data |
| 5 | 5 Austria | 10,426,000 | 2023 | +7.29% | -0.39% | View data |
| 6 | 6 Netherlands | 8,289,500 | 2023 | +0.92% | -1.92% | View data |
| 7 | 7 Czechia | 4,972,000 | 2023 | |||
| 8 | 8 Sweden | 1,209,100 | 2023 | +4.85% | -4.39% | View data |
| 9 | 9 Hungary | 1,109,700 | 2023 | +1.3% | -1.47% | View data |
| 10 | 10 Belgium | 952,280 | 2023 | +3.28% | +2.53% | View data |