In 2023, Germany led European Sold Production of agricultural hand tools with a substantial value of 141.08 million euros, witnessing a remarkable year-on-year increase of 44.33%. France and Italy followed, though France experienced a decline of 4.21%, whereas Italy showed a modest growth of 6.36%. Slovenia and Estonia saw notable increases of 16.43% and 120.33% respectively, contrasting with significant declines in the UK and Poland at -19.45% and -6.68%. Minor fluctuations were observed in Finland, Austria, and Spain with Finland achieving the slightest increase.
Key future trends to watch for include:
- Germany's continued dominance supported by technological advancements.
- Opportunities for growth in Eastern European countries driven by increasing investments and agriculture modernization.
- Potential recovery in the UK market contingent on economic stabilization.
- Increased focus on sustainable and eco-friendly hand tools.
Top countries in Sold Production of Hand Tools of a Kind Used in Agriculture, Horticulture or Forestry by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 141,080,000 | 2023 | +18.73% | +44.33% | View data |
| 2 | 2 France | 31,210,000 | 2023 | +2.63% | -4.21% | View data |
| 3 | 3 Italy | 21,157,000 | 2023 | +6.6% | +6.36% | View data |
| 4 | 4 Finland | 18,630,000 | 2023 | -2.99% | +0.58% | View data |
| 5 | 5 Austria | 16,551,000 | 2023 | +1.26% | +4.3% | View data |
| 6 | 6 Spain | 11,902,000 | 2023 | +1.59% | +0.39% | View data |
| 7 | 7 Sweden | 8,495,700 | 2023 | +2.58% | -0.55% | View data |
| 8 | 8 Poland | 4,552,000 | 2023 | -8.58% | -6.68% | View data |
| 9 | 9 Slovenia | 4,140,200 | 2023 | +4.81% | +16.43% | View data |
| 10 | 10 United Kingdom | 1,954,700 | 2023 | -26.94% | -19.45% | View data |
