In 2023, Germany led the European imports of arbors, collets, and sleeves for machine-tools and hand tools, despite a slight decline. Slovakia and Italy experienced notable growth, while Austria and Poland saw reductions. Noteworthy is Malta’s outstanding increase over the previous year. Other countries like Hungary, Romania, and Luxembourg also registered significant gains, contrasting with declines in Sweden and Ireland. Over the past five years, the sector has witnessed fluctuating trends, with countries like Malta, Lithuania, and Luxembourg showing exceptional year-on-year growth.
Looking ahead, the European market may experience shifts driven by advancements in automation and technology in manufacturing. Continued growth could be anticipated in Eastern European countries and tech-savvy nations, leveraging innovations and forming strategic trade partnerships.
Top countries in Import of Arbors, Collets and Sleeves for Machine-Tools and Hand Tools Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.48 | 2023 | +11.87% | -3.41% | View data |
| 2 | 2 Slovakia | 11.86 | 2023 | +4.86% | +7.26% | View data |
| 3 | 3 Italy | 10.96 | 2023 | +3.11% | +6.21% | View data |
| 4 | 4 Austria | 8.13 | 2023 | +13.17% | -3.48% | View data |
| 5 | 5 Poland | 7.43 | 2023 | +1.55% | -7.26% | View data |
| 6 | 6 France | 6.09 | 2023 | -0.63% | -0.67% | View data |
| 7 | 7 Spain | 5.69 | 2023 | +4.18% | -13.47% | View data |
| 8 | 8 Romania | 4.38 | 2023 | +4.96% | +8.06% | View data |
| 9 | 9 Malta | 4.02 | 2023 | +0.0026% | +207.3% | View data |
| 10 | 10 Hungary | 3.51 | 2023 | +4.93% | +8.95% | View data |
