In 2023, Germany was the leading European exporter of pressing, stamping, or punching tools for working metal, with 85.38 million kg, despite an 8.24% decrease from the prior year. Italy and the Czechia followed, with exports worth 44.576 million kg and 8.4219 million kg, respectively. Noteworthy growth was observed in Netherlands and Finland, with 8.29% and 12.79% year-on-year growth respectively. Conversely, Spain, Poland, and France experienced significant declines of 30.06%, 21.93%, and 100% respectively, indicating notable market volatility. Over the last five years, the industry has seen varied growth rates, with dynamic market adjustments.
Future trends to watch include the potential recovery in France and Spain’s exports, structural adjustments in Germany to counter the negative growth, and continued expansion in emerging markets like the Netherlands. Additionally, advancements in technology and increased demand for precision manufacturing tools might influence Europe’s export dynamics.
Top countries in Export of Pressing, Stamping or Punching Tools for Working Metal by Country
# | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 85,380,000 | 2023 | -4.26% | -8.24% | View data |
2 | 2 Italy | 44,576,000 | 2023 | -1.16% | +7.53% | View data |
3 | 3 Czechia | 8,421,900 | 2023 | |||
4 | 4 Slovenia | 8,343,300 | 2023 | +3.99% | +1.63% | View data |
5 | 5 Spain | 4,675,200 | 2023 | -8.82% | -30.06% | View data |
6 | 6 Slovakia | 4,538,000 | 2023 | +3.71% | +1.2% | View data |
7 | 7 Netherlands | 3,411,800 | 2023 | +4.78% | +8.29% | View data |
8 | 8 Austria | 1,891,600 | 2023 | +7.05% | +0.62% | View data |
9 | 9 Sweden | 1,368,000 | 2023 | +14.26% | +5.85% | View data |
10 | 10 Hungary | 1,299,800 | 2023 | +4.12% | +15.99% | View data |