The European export of drilling tools with working parts of diamond or agglomerated diamond shows notable regional variations. Austria leads the market, followed closely by Italy, with Italy showing a significant year-on-year increase of 39.09% in 2023. Denmark and Slovakia have displayed robust growth rates of 21.93% and 24.83%, respectively. Conversely, Germany and France have experienced declines, with decreases of 7.46% and 7.94%. Notable declines also occurred in the UK and Estonia, with the UK showing a complete withdrawal from the market.
Future trends to monitor include:
- Potential recovery in Germany and France as geopolitical and economic conditions stabilize.
- Sustained growth in Italy as it capitalizes on increasing global demand.
- The potential for emerging Eastern European markets to expand their export capabilities.
Top countries in Export of Drilling Tools with Working Part of Diamond or Agglomerated Diamond by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 432,830 | 2023 | +7.4% | +5.36% | View data |
| 2 | 2 Italy | 291,530 | 2023 | +25.66% | +39.09% | View data |
| 3 | 3 Sweden | 222,300 | 2023 | +5.6% | +4.96% | View data |
| 4 | 4 Netherlands | 218,330 | 2023 | +3.75% | +2.88% | View data |
| 5 | 5 Spain | 140,090 | 2023 | +2.17% | -1.97% | View data |
| 6 | 6 Germany | 87,970 | 2023 | +3.67% | -7.46% | View data |
| 7 | 7 Poland | 84,430 | 2023 | +4.88% | +2.59% | View data |
| 8 | 8 France | 52,860 | 2023 | -0.84% | -7.94% | View data |
| 9 | 9 Denmark | 49,060 | 2023 | +2.86% | +21.93% | View data |
| 10 | 10 Slovakia | 45,480 | 2023 | +4.97% | +24.83% | View data |
