In 2023, Germany led the European export of tapping tools for working metal, with an export volume of 5.892 million kilograms, maintaining a stable year-on-year performance. Italy followed with 2.057 million kilograms. The Netherlands showed significant growth at 10.99%, while Belgium exhibited the highest increase at 30.78% compared to previous years. France and Ireland faced notable declines at -9.74% and -20.09% respectively. Over the last five years, the compound annual growth rate suggested moderate expansion in countries like Slovenia, Finland, and Portugal.
Future trends to watch include technological advancements influencing output and the potential impact of economic policies on trade. Monitoring the continued rise in exports from countries like Belgium and Portugal could indicate shifts in competitive positioning within Europe.
Top countries in Export of Tapping Tools for Working Metal by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,892,000 | 2023 | +1.11% | View data | |
| 2 | 2 Italy | 2,057,000 | 2022 | +113.6% | +28.24% | View data |
| 3 | 3 Netherlands | 1,010,300 | 2023 | +6.05% | +10.99% | View data |
| 4 | 4 Czechia | 169,480 | 2022 | |||
| 5 | 5 Belgium | 165,110 | 2023 | +7.52% | +30.78% | View data |
| 6 | 6 Spain | 102,380 | 2023 | +2.96% | +1.89% | View data |
| 7 | 7 Bulgaria | 76,800 | 2023 | -1.54% | -4.38% | View data |
| 8 | 8 Austria | 69,660 | 2023 | -0.02% | -10.62% | View data |
| 9 | 9 Hungary | 59,250 | 2023 | -0.17% | -2.75% | View data |
| 10 | 10 France | 51,450 | 2023 | +48.01% | -9.74% | View data |
