In 2023, Germany was the dominant exporter of broaching tools for working metal, with a share of over 80.81 kilograms, despite an 11.03% decrease from 2022. Spain followed with a 10.64% contribution, showing a modest growth of 1.0%. Notable increases were seen in the Netherlands (18.65%), Belgium (12.61%), and particularly Denmark (63.54%). Smaller exporters like Slovenia and Slovakia experienced significant growth with 26.62% and 35.49% respectively. Poland also showed notable progress with a 24.99% increase, while Italy saw a complete drop to zero exports.
Future trends could include an increasing diversification within European exports, with emerging markets slightly gaining ground. Keeping an eye on shifts towards innovation in material technology and new manufacturing countries, such as Denmark and Slovenia, could reveal emerging leaders in the market. Attention should also be given to changing regulatory environments which might affect the competitive landscape.
Top countries in Export of Broaching Tools for Working Metal, 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 | 80.81 | 2023 | +0.92% | -11.03% | View data |
| 2 | 2 Spain | 10.64 | 2023 | +47.7% | +1% | View data |
| 3 | 3 Italy | 2.62 | 2023 | View data | ||
| 4 | 4 France | 2.34 | 2023 | +7.92% | +0.55% | View data |
| 5 | 5 Austria | 1.08 | 2023 | +3.08% | -0.32% | View data |
| 6 | 6 Netherlands | 0.38 | 2023 | +3.44% | +18.65% | View data |
| 7 | 7 Sweden | 0.33 | 2023 | +7.3% | +7.81% | View data |
| 8 | 8 Czechia | 0.28 | 2023 | |||
| 9 | 9 Slovenia | 0.19 | 2023 | +5.77% | +26.62% | View data |
| 10 | 10 Lithuania | 0.18 | 2023 | +4.5% | -1.27% | View data |
