The European import of locks and hinges in kilograms has Germany leading with a 17.68% share, followed by Poland with 13.68%. Countries like the United Kingdom and Italy show modest shares at 8.1% and 6.85%, respectively. There's a notable variance in growth with dramatic shifts; Lithuania (9.13%), Denmark (8.95%), and Latvia (7.64%) marked substantial year-on-year increases. In contrast, Malta suffered a drastic decline of 20.27%. Over five years, a diverse compound annual growth rate signifies fluctuating market dynamics across the continent.
Looking ahead, watch for continued growth from Eastern European countries that show robust year-on-year growth. Growing technological advancements and improved manufacturing capacities might influence traditional big players like Germany and Poland. Environmental policies and trade agreements within and outside the European Union could also significantly reshape future import dynamics in the European lock and hinge market.
Top countries in Import of Locks and Hinges Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.68 | 2023 | +2.46% | +2.94% | View data |
| 2 | 2 Poland | 13.68 | 2023 | +2.87% | +3.21% | View data |
| 3 | 3 United Kingdom | 8.1 | 2023 | +1.05% | +1.2% | View data |
| 4 | 4 Italy | 6.85 | 2023 | +6.04% | +0.7% | View data |
| 5 | 5 France | 6.61 | 2023 | +2.06% | +2.34% | View data |
| 6 | 6 Spain | 6.46 | 2023 | +8.1% | +2.97% | View data |
| 7 | 7 Romania | 5.18 | 2023 | +4.1% | +3.93% | View data |
| 8 | 8 Czechia | 4.93 | 2023 | |||
| 9 | 9 Netherlands | 4.25 | 2023 | +1.51% | +5.96% | View data |
| 10 | 10 Slovakia | 3.66 | 2023 | +1.02% | -1.79% | View data |
