The European export market for electromechanical hand drills without an external power source in 2023 was led by the United Kingdom and Germany, accounting for significant shares. The UK saw the most notable growth with a 42.76% increase, while Germany grew by 13.09%. The Netherlands and Romania also showed positive trends, whereas Belgium experienced slight declines. Emerging markets like Hungary demonstrated substantial growth, whereas countries like Austria and Spain faced declines.
Future trends to watch include potential market expansions in Eastern European countries and the growing influence of technological advancements, which may drive exports. Sustainability factors could also affect trade dynamics.
Top countries in Export of Electromechanical Hand Drills Operated without an External Source of Power Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 26.7 | 2023 | +6.93% | +42.76% | View data |
| 2 | 2 Germany | 24.77 | 2023 | +9.12% | +13.09% | View data |
| 3 | 3 Netherlands | 11.27 | 2023 | +4.07% | +6.54% | View data |
| 4 | 4 Belgium | 9.02 | 2023 | +3.91% | -0.015% | View data |
| 5 | 5 Romania | 4.99 | 2023 | +6.98% | +14.66% | View data |
| 6 | 6 Poland | 3.75 | 2023 | +4.93% | +5.63% | View data |
| 7 | 7 Hungary | 3.65 | 2023 | +6.62% | +36.12% | View data |
| 8 | 8 Austria | 3.24 | 2023 | -7.53% | -8.08% | View data |
| 9 | 9 Czechia | 2.62 | 2023 | |||
| 10 | 10 Spain | 1.68 | 2023 | +0.91% | -13.72% | View data |