In 2023, Germany led European imports of interchangeable tools for turning used for working metal, with Portugal following closely. The UK experienced substantial growth, while Ireland also showed a notable increase. Other countries like Italy, Poland, and Spain witnessed declines. Portugal emerged with strong performance, while smaller economies such as Finland, Denmark, and Luxembourg displayed significant growth. Malta, on the contrary, faced the biggest drop in import volume among all countries.
Looking forward, increasing automation in manufacturing and technological advancements are expected to drive demand for high-precision tools, affecting import patterns. Moreover, sustainable practices and closer EU trade relations may influence future trajectories across these markets.
Top countries in Import of Interchangeable Tools for Turning Used for Working Metal by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 158,450 | 2023 | +4.1% | +0.89% | View data |
| 2 | 2 Portugal | 138,340 | 2023 | +1.8% | +5.23% | View data |
| 3 | 3 Italy | 55,290 | 2023 | +4.19% | -2.33% | View data |
| 4 | 4 Poland | 53,260 | 2023 | +0.56% | -0.2% | View data |
| 5 | 5 Ireland | 51,990 | 2023 | +27.18% | +12.15% | View data |
| 6 | 6 United Kingdom | 50,270 | 2023 | -1.4% | +41.38% | View data |
| 7 | 7 Spain | 48,880 | 2023 | -4.39% | -7.25% | View data |
| 8 | 8 France | 39,850 | 2023 | +10.76% | +1.06% | View data |
| 9 | 9 Romania | 35,540 | 2023 | -1.27% | -4.95% | View data |
| 10 | 10 Austria | 27,330 | 2023 | +9.26% | -0.91% | View data |
