In 2023, Germany led European exports of work holders for machine-tools and hand tools, accounting for the largest share by volume, though it saw a slight decline of 1.36%. Conversely, Romania and Slovakia witnessed positive growth rates of 3.38% and 4.91% respectively. Lithuania and Hungary showed considerable increases with 24.86% and 24.04% growth, while Estonia recorded the highest increase at 47.4%. Countries like Italy, Slovenia, and Poland experienced notable declines. Ireland, Latvia, and Greece demonstrated substantial year-on-year growth, indicating dynamic shifts in market shares among smaller exporters.
Future trends to watch include the sustainability of the growth seen in emerging exporters like Malta and Latvia. The potential for technological advancements in manufacturing to drive increased demand for precision work holders should also be monitored. Countries with declining shares might need to innovate or diversify their offerings to remain competitive in this evolving market.
Top countries in Export of Work Holders for Machine-Tools and Hand Tools (Excluding Jigs and Fixtures for Specific Applications, and Sets of Standard Jig and Fixture Components, Those for Lathes) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 52.13 | 2023 | +5.11% | -1.36% | View data |
| 2 | 2 Romania | 15.66 | 2023 | +4.02% | +3.38% | View data |
| 3 | 3 Slovakia | 11.4 | 2023 | +2.06% | +4.91% | View data |
| 4 | 4 France | 5.25 | 2023 | +6.2% | +10.25% | View data |
| 5 | 5 Czechia | 4.01 | 2023 | |||
| 6 | 6 Netherlands | 3.64 | 2023 | +2.73% | +21.42% | View data |
| 7 | 7 Austria | 2.62 | 2023 | +3.05% | +6.32% | View data |
| 8 | 8 Belgium | 1.67 | 2023 | +3.45% | +5.3% | View data |
| 9 | 9 Italy | 1.39 | 2023 | -15.07% | -7.12% | View data |
| 10 | 10 Slovenia | 0.87 | 2023 | +1.39% | -11.57% | View data |
