In 2023, significant trends in the export of broaching tools for working metal, lacking diamond or agglomerated diamond components, were observed across Europe. Germany, the largest exporter, experienced an 11.03% decline, contrasting with Spain's slight 1% growth. Italy faced a complete export halt. Positive performances included the Netherlands' 18.65% increase, Sweden's 7.81% rise, and notable growth in Denmark and Slovakia, at 63.54% and 35.49%, respectively. Slovenia also saw a 26.62% boost. Countries like Romania, Austria, and Lithuania registered marginal declines, while much smaller exporters like Ireland and Finland maintained static volumes.
Looking forward, Europe's export market for these tools may see variation driven by innovations in metalworking technologies, shifts in global demand, and trade policy changes. Germany, while currently declining, could stabilize or rebound with strategic adaptation. Emerging markets, represented by countries like Slovenia and Denmark, may continue to expand their share with increased industrial demand, while newer entrants could emerge as key exporters through competitiveness in pricing and innovation.
Top countries in Export of Broaching Tools for Working Metal, with Working Part of Materials Other than Diamond or Agglomerated Diamond by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,091,100 | 2023 | +0.92% | -11.03% | View data |
| 2 | 2 Spain | 143,640 | 2023 | +47.7% | +1% | View data |
| 3 | 3 Italy | 35,330 | 2023 | View data | ||
| 4 | 4 France | 31,660 | 2023 | +7.92% | +0.55% | View data |
| 5 | 5 Austria | 14,570 | 2023 | +3.08% | -0.32% | View data |
| 6 | 6 Netherlands | 5,170 | 2023 | +3.44% | +18.65% | View data |
| 7 | 7 Sweden | 4,510 | 2023 | +7.3% | +7.81% | View data |
| 8 | 8 Czechia | 3,760 | 2023 | |||
| 9 | 9 Slovenia | 2,600 | 2023 | +5.77% | +26.62% | View data |
| 10 | 10 Lithuania | 2,440 | 2023 | +4.5% | -1.27% | View data |
