In 2023, Germany led European exports of flywheels and pulleys reaching 102.02 million kilograms, showing a slight decline (-0.33%) from the previous year. Italy experienced a significant drop (-2.89%), while France’s exports grew by 1.89%. Austria posted remarkable growth at 17.04%, and Belgium saw 3.57% growth. In contrast, Slovenia had the sharpest decline (-20.06%). Ireland, Croatia, and Estonia showed promising increases of 9.16%, 7.17%, and 5.67%, respectively, reflecting positive growth trends.
Looking forward, the focus will likely be on the stability of Germany's export dominance, the recovery of Italy's market, and the sustainability of Austria’s recent growth spurt. Additionally, it will be crucial to monitor the fluctuating performance across European countries, particularly for minor exporters showing both positive and negative variations, as these can indicate shifts in market dynamics.
Top countries in Export of Flywheels and Pulleys by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 102,020,000 | 2023 | +5.34% | -0.33% | View data |
| 2 | 2 Italy | 46,807,000 | 2023 | +7.48% | -2.89% | View data |
| 3 | 3 France | 27,510,000 | 2023 | +3% | +1.89% | View data |
| 4 | 4 Czechia | 17,868,000 | 2023 | |||
| 5 | 5 Poland | 11,087,000 | 2023 | +3.21% | +2.46% | View data |
| 6 | 6 Slovakia | 9,761,000 | 2023 | +0.68% | -0.83% | View data |
| 7 | 7 Belgium | 9,746,000 | 2023 | +3.91% | +3.57% | View data |
| 8 | 8 Austria | 8,185,800 | 2023 | +24.84% | +17.04% | View data |
| 9 | 9 Netherlands | 6,109,800 | 2023 | +5.77% | +2.43% | View data |
| 10 | 10 Spain | 5,495,200 | 2023 | +6.71% | -0.85% | View data |
