The European import of fasteners and screw machine products is dominated by Germany at 21.47% share in 2023, followed by Spain at 11.34% and France at 7.99%. Key growth areas include Spain with an 18.88% year-on-year increase, and emerging gains in sectors such as Bulgaria and Latvia with increases of 4.81% and 11.65% respectively. Contrastingly, Germany's share slightly decreased by 0.27% while Luxembourg saw a significant reduction of 14.27%. The CAGR over the last five years indicates moderate growth across the region, underscoring steady demand.
Future trends to watch include:
- Advancements in manufacturing technologies may influence import dynamics.
- Potential economic shifts due to geopolitical events could affect trade flows.
- Emerging market growth in Eastern Europe as infrastructure investments rise.
Top countries in Import of Fasterners and Screw Machine Products Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.47 | 2023 | +5.52% | -0.27% | View data |
| 2 | 2 Spain | 11.34 | 2023 | +0.25% | +18.88% | View data |
| 3 | 3 France | 7.99 | 2023 | +5.48% | +0.52% | View data |
| 4 | 4 Poland | 7 | 2023 | +3.17% | +4.03% | View data |
| 5 | 5 Netherlands | 6.82 | 2023 | +2.58% | +1.72% | View data |
| 6 | 6 United Kingdom | 6.27 | 2023 | +0.29% | -0.08% | View data |
| 7 | 7 Italy | 5.55 | 2023 | +4.73% | -0.18% | View data |
| 8 | 8 Czechia | 5.24 | 2023 | |||
| 9 | 9 Belgium | 4.98 | 2023 | +8.03% | +0.87% | View data |
| 10 | 10 Slovakia | 4.93 | 2023 | +2.35% | -0.79% | View data |
