In 2023, Germany was the dominant European importer of screwdriver bits with non-diamond working parts, holding 27.18% of the market share, with the Netherlands and the United Kingdom following. The year-on-year analysis shows significant growth in Slovakia, Sweden, and Ireland, while the United Kingdom and France have slightly declined. Over the past year, Germany and Belgium have shown modest increases, whereas Estonia and Luxembourg have experienced notable growths.
Looking ahead, potential trends to observe include continuous strong growth in the Central and Eastern European countries, where Slovakia and Romania are seeing rapid increases, highlighting an emerging market shift in demand for these products.
Top countries in Import of Screwdriver Bits with Working Part of Materials Other than Diamond or Agglomerated Diamond Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.18 | 2023 | +4.14% | +2.53% | View data |
| 2 | 2 Netherlands | 10.77 | 2023 | +1.59% | +5.22% | View data |
| 3 | 3 United Kingdom | 8.39 | 2023 | +2.75% | -0.23% | View data |
| 4 | 4 Belgium | 7.54 | 2023 | +3.47% | +8.34% | View data |
| 5 | 5 France | 7.42 | 2023 | +4.25% | -1.9% | View data |
| 6 | 6 Poland | 6.32 | 2023 | +3.6% | +4.46% | View data |
| 7 | 7 Austria | 5.62 | 2023 | +10.84% | +3.68% | View data |
| 8 | 8 Spain | 3.55 | 2023 | +8.35% | +3.56% | View data |
| 9 | 9 Italy | 3.16 | 2023 | +10.5% | +1.15% | View data |
| 10 | 10 Sweden | 3.03 | 2023 | +9.38% | +9.45% | View data |