In 2023, Belgium dominated the European import market for numerically controlled boring and boring-milling machines with a unit share of 60.94%, showcasing significant growth of over 45% year-on-year. Luxembourg also saw substantial growth, while Poland and Portugal achieved remarkable increases, highlighting potential market expansion. In contrast, Germany, Greece, and other countries experienced declines, indicating regional disparities. Overall, the market exhibits diverse dynamics, influenced by varying local demands and industrial capabilities.
Future trends to watch include technological advancements in machinery, which could enhance efficiency and precision, potentially reshaping market dynamics. A focus on eco-friendly and energy-efficient machines may also influence future import patterns and regional market shares.
Top countries in Import of Numerically Controlled Boring and Boring-Milling Machines for Working Metal Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 60.94 | 2023 | +23.73% | +45.78% | View data |
| 2 | 2 Luxembourg | 24.74 | 2023 | +71.84% | +50.41% | View data |
| 3 | 3 Poland | 0.93 | 2023 | -2.81% | +48.36% | View data |
| 4 | 4 France | 0.3 | 2023 | -0.55% | +6.3% | View data |
| 5 | 5 Slovakia | 0.28 | 2023 | -11.87% | -21.38% | View data |
| 6 | 6 Italy | 0.28 | 2023 | +16.73% | +0.56% | View data |
| 7 | 7 Germany | 0.13 | 2023 | -7.36% | -6.02% | View data |
| 8 | 8 Netherlands | 0.077 | 2023 | -18.02% | +5.09% | View data |
| 9 | 9 Ireland | 0.057 | 2021 | +257.89% | +46.72% | View data |
| 10 | 10 Spain | 0.056 | 2021 | +42.55% | +4.8% | View data |
