In 2023, Italy dominated European exports of milling tools (excluding for working metal), registering a significant 121.03% year-on-year increase to 29.909 million kilograms. Germany followed, albeit with marginal growth of 0.2%. Austria and Slovakia experienced slight decreases, while notable increases were seen in the Netherlands (15.64%) and Sweden (9.83%). France faced a notable decline of 11.84%. This five-year period highlights Italy's robust growth and potential volatility for some other export leaders.
Future trends to watch include Italy's continued dominance and potential market share shifts due to macroeconomic factors, technological advances, and emerging markets demand.
Top countries in Export of Milling Tools (Excluding for Working Metal) by Country
# | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 29,909,000 | 2023 | +39.09% | +121.03% | View data |
2 | 2 Germany | 1,256,200 | 2023 | -3.33% | +0.2% | View data |
3 | 3 Austria | 232,530 | 2023 | +1.91% | -1.49% | View data |
4 | 4 Belgium | 180,360 | 2023 | +6.18% | +1.71% | View data |
5 | 5 United Kingdom | 112,750 | 2023 | +3.33% | +6.42% | View data |
6 | 6 Netherlands | 103,170 | 2023 | +5.8% | +15.64% | View data |
7 | 7 Slovakia | 73,540 | 2023 | +4.56% | -4.55% | View data |
8 | 8 Spain | 68,890 | 2023 | +19.57% | -13.12% | View data |
9 | 9 Sweden | 57,220 | 2023 | +14.63% | +9.83% | View data |
10 | 10 Slovenia | 53,600 | 2023 | +2.05% | +1.94% | View data |