In 2023, Germany led European imports of machinery for textile, apparel, and leather production with an 18.56% share, a 4.46% year-on-year increase. Italy exhibited a significant rise, up by 36.71%, capturing a 12.46% market share. France and the UK experienced declines of 14.01% and 12.01%, respectively. Spanish imports grew by 14.13%, representing 11.78% of the total. Minor players like Hungary and Bulgaria showed impressive growth, at 31.5% and 28.23%, respectively.
Future trends to watch include:
- Germany's consistency as a leading importer.
- Potential stabilization or rebound in France and UK following downturns.
- Sustained growth in Italy, Spain, and Eastern European countries like Hungary and Bulgaria driving increased market participation.
- Focus on technological advancements and sustainable machinery influencing import dynamics.
Top countries in Import of Machinery for Textile, Apparel and Leather Production Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 18.56 | 2023 | +3.67% | +4.46% | View data |
| 2 | 2 France | 12.82 | 2023 | +5.7% | -14.01% | View data |
| 3 | 3 Italy | 12.46 | 2023 | +23.79% | +36.71% | View data |
| 4 | 4 Spain | 11.78 | 2023 | +3.14% | +14.13% | View data |
| 5 | 5 United Kingdom | 10.81 | 2023 | -2.66% | -12.01% | View data |
| 6 | 6 Poland | 7.79 | 2023 | +5.23% | +1.65% | View data |
| 7 | 7 Netherlands | 6.45 | 2023 | +2.06% | +0.15% | View data |
| 8 | 8 Belgium | 5.7 | 2023 | +9.45% | +14.88% | View data |
| 9 | 9 Czechia | 1.88 | 2023 | |||
| 10 | 10 Hungary | 1.66 | 2023 | +5.96% | +31.5% | View data |
