The European import of horizontal machining centres for working metal revealed varied performance across countries in early 2024. Greece led with the highest import quantity, showing significant growth despite economic challenges. Netherlands experienced a notable increase of 55.55% in 2023, indicating strong market demand. Conversely, the UK saw a drastic decline of 58.15%, reflecting possible economic and industrial retraction. Other significant movements included Spain's 79.75% growth and Slovakia's decline by 20.71%. Consistent moderate activities were observed in Poland with a slight increase, while Portugal showed positive growth against a contraction trend in most European markets.
Future trends to watch include:
- Potential recovery in the UK market depending on economic conditions.
- Sustained interest in Netherlands and Spain driven by industrial integrations.
- Continued caution in Central Europe with mixed market optimism.
- Monitoring Greece’s import levels to assess stability and demand.
Top countries in Import of Horizontal Machining Centres for Working Metal by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 1,500 | 2021 | +1610% | +15.7% | View data |
| 2 | 2 Netherlands | 1,470 | 2023 | +24.18% | +55.55% | View data |
| 3 | 3 Slovakia | 865 | 2023 | +4.31% | -20.71% | View data |
| 4 | 4 Italy | 725 | 2023 | +9.18% | -9.57% | View data |
| 5 | 5 United Kingdom | 349 | 2023 | -92.74% | -58.15% | View data |
| 6 | 6 Belgium | 292 | 2023 | +16% | -13.47% | View data |
| 7 | 7 Germany | 249 | 2023 | +11.46% | -2.62% | View data |
| 8 | 8 Spain | 208 | 2023 | +7.54% | +79.75% | View data |
| 9 | 9 France | 202 | 2023 | +12.24% | -10.3% | View data |
| 10 | 10 Austria | 179 | 2023 | +9.4% | -6.49% | View data |
