The European export share of machinery for mining, quarrying, and construction in kilograms shows notable disparities across countries. As of 2023, the United Kingdom leads with 29.79%, followed by Germany at 21.67% and Hungary at 19.99%. Smaller contributors include Italy at 6.89% and Slovakia at 6.86%. The market is diverse, with several countries experiencing varied year-on-year changes, such as the UK decreasing by 15.31% and Greece increasing significantly by 81.19%. Overall, the sector displays a mix of stability and shifts within contributing countries.
Future trends to watch include:
- Potential continued growth in Germany and Hungary, given their positive recent performance.
- Possible declines in the UK for a second consecutive year, unless mitigating factors emerge.
- Emerging markets in smaller European countries like Greece and Bulgaria potentially gaining stronger footholds.
- Attention to sustainability and environmental regulations, which may influence export dynamics.
Top countries in Export of Machinery for Mining, Quarrying and Construction Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 29.79 | 2023 | -19.37% | -15.31% | View data |
| 2 | 2 Germany | 21.67 | 2023 | +0.37% | +3.77% | View data |
| 3 | 3 Hungary | 19.99 | 2023 | +0.99% | +2.93% | View data |
| 4 | 4 Italy | 6.89 | 2023 | +14.78% | +3.64% | View data |
| 5 | 5 Slovakia | 6.86 | 2023 | +4.53% | +6.85% | View data |
| 6 | 6 Netherlands | 4.82 | 2023 | +6.79% | +6.72% | View data |
| 7 | 7 Spain | 4.77 | 2023 | +1.48% | -1.31% | View data |
| 8 | 8 Belgium | 1.93 | 2023 | +4.33% | +5.93% | View data |
| 9 | 9 France | 1.83 | 2023 | -1.48% | -5.96% | View data |
| 10 | 10 Estonia | 1.81 | 2023 | +13.41% | +4.82% | View data |
