The United Kingdom leads European imports of machinery for mining, quarrying, and construction, despite an 8.05% decrease in 2023. Ireland saw a massive increase of 120.79%, significantly boosting its market share. Germany, Belgium, and Spain also recorded positive growth. Remarkably, Malta's imports surged by 274%. In contrast, the Netherlands saw a substantial decrease of 38.14%, while several smaller markets like Bulgaria and Cyprus experienced declines.
Future trends to watch include:
- Potential shifts driven by economic policies and environmental regulations impacting machinery demand.
- Advancements in technology fostering increased machinery efficiency could influence import volumes.
- Geopolitical factors and supply chain considerations affecting country-specific import dynamics.
Top countries in Import of Machinery for Mining, Quarrying and Construction Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 20.86 | 2023 | -0.38% | -8.05% | View data |
| 2 | 2 Ireland | 19.83 | 2023 | +5.87% | +120.79% | View data |
| 3 | 3 Germany | 11.54 | 2023 | +1.91% | +9.62% | View data |
| 4 | 4 Belgium | 10.13 | 2023 | +9.64% | +26.41% | View data |
| 5 | 5 Spain | 6.97 | 2023 | +3.88% | +15.01% | View data |
| 6 | 6 Poland | 5.28 | 2023 | +4.08% | +6.24% | View data |
| 7 | 7 Sweden | 4.78 | 2023 | +7.09% | +7.22% | View data |
| 8 | 8 Malta | 4.6 | 2023 | +63.1% | +274% | View data |
| 9 | 9 Italy | 4.21 | 2023 | +12.47% | +20.34% | View data |
| 10 | 10 France | 3.93 | 2023 | -3.34% | +1.56% | View data |
