In 2023, Austria led the European export of millstones and related products with a 24.87% share, followed by Italy at 20.26% and the Netherlands at 13.55%. Most countries experienced positive growth, notably Slovakia with a 17.46% increase and Ireland surging by 55.06%. Germany and Romania faced declines, at -4.18% and -13.87%, respectively. While larger economies like France saw a decrease of -10.4%, smaller players like Latvia and Bulgaria registered significant gains with 14.65% and 9.07%, respectively.
Future trends to watch include the expected stabilization of major markets like Germany and France, and potential growth in emerging markets such as Ireland and Slovakia. Sustainability trends and technological advancements may impact production and increase demand for more efficient, durable products.
Top countries in Export of Millstones, Grindstones, Grinding Wheels and the Like, without Frameworks, of Agglomerated Synthetic or Natural Diamond Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 24.87 | 2023 | +5.9% | +5.65% | View data |
| 2 | 2 Italy | 20.26 | 2023 | +0.3% | +12.75% | View data |
| 3 | 3 Netherlands | 13.55 | 2023 | +2.03% | +0.92% | View data |
| 4 | 4 Hungary | 9.97 | 2023 | +5.5% | +5.02% | View data |
| 5 | 5 Belgium | 6.73 | 2023 | +13.95% | +7.5% | View data |
| 6 | 6 Sweden | 6.29 | 2023 | +1.3% | +7.56% | View data |
| 7 | 7 Poland | 3.79 | 2023 | +3.11% | +2.6% | View data |
| 8 | 8 Germany | 3.74 | 2023 | -4.91% | -4.18% | View data |
| 9 | 9 Luxembourg | 2.68 | 2023 | +6.3% | +5.04% | View data |
| 10 | 10 Bulgaria | 1.55 | 2023 | +4.35% | +9.07% | View data |
