In 2023, Austria led the European import of machinery for mining, quarrying, and construction in kilograms, despite a slight decline of 1.27% from the previous year. Hungary and the Netherlands followed, with Hungary increasing by 2.89% and the Netherlands experiencing significant growth at 16.12%. Germany and Finland also saw notable increases of 10.74% and 3.98%, respectively. Conversely, Spain had a sharp decline of 40.81%, while Ireland and Portugal experienced notable decreases as well. Countries like Slovakia and Lithuania showed robust year-over-year improvements, indicating emerging markets within Europe.
Future trends suggest a continued rise in imports from the Netherlands, Germany, and Italy, driven by their robust industrial sectors. However, fluctuations in global demand and disruptive technologies might affect traditional import patterns. Close monitoring of policy changes and economic shifts in major importing countries like Austria and the United Kingdom is crucial, as these could substantially influence the dynamics of machinery imports in this sector.
Top countries in Import of Machinery for Mining, Quarrying and Construction Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 23.3 | 2023 | +10.84% | -1.27% | View data |
| 2 | 2 Hungary | 19.54 | 2023 | +2.11% | +2.89% | View data |
| 3 | 3 Netherlands | 12.88 | 2023 | +15.94% | +16.12% | View data |
| 4 | 4 Germany | 7.33 | 2023 | +23.79% | +10.74% | View data |
| 5 | 5 Finland | 6.45 | 2023 | +2.88% | +3.98% | View data |
| 6 | 6 Italy | 5.14 | 2023 | +15.81% | +13.29% | View data |
| 7 | 7 France | 4.91 | 2023 | -17.36% | +3.47% | View data |
| 8 | 8 United Kingdom | 4.74 | 2023 | +4.31% | +6.65% | View data |
| 9 | 9 Belgium | 3.91 | 2023 | +9.12% | +11.85% | View data |
| 10 | 10 Poland | 2.45 | 2023 | -0.81% | +7.22% | View data |
