In 2023, Germany led European imports with a modest increase of 1.5%. Hungary and Poland showed substantial growth at 23.52% and 17.65%, respectively. Other significant increases were seen in Estonia (67.93%), Ireland (35.9%), and Portugal (18.65%). Conversely, the UK had a slight decline of -0.07%, while notable decreases were recorded in Slovakia (-8.84%) and Greece (-17.37%). Overall, the market experienced varied fluctuations, with some countries witnessing substantial gains and others facing mild declines. The Compound Annual Growth Rate (CAGR) for Europe indicates steady demand but reflects market volatilities across specific nations.
Future trends to watch include:
- Potential growth in Eastern European countries as manufacturing expands.
- Germany continues to be a stabilization leader in imports.
- Technological advancements impacting the demand dynamics across regions.
- Environmental regulations potentially affecting import volumes.
- Post-Brexit adjustments influencing the UK's import structure.
Top countries in Import of Jigs and Fixtures and Sets of Standard Jig and Fixture Components Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.38 | 2023 | +1.39% | +0.015% | View data |
| 2 | 2 Hungary | 11.2 | 2023 | +5.16% | +23.52% | View data |
| 3 | 3 Poland | 8.8 | 2023 | +5.87% | +17.65% | View data |
| 4 | 4 Italy | 7.27 | 2023 | +6.8% | +3.66% | View data |
| 5 | 5 France | 6.62 | 2023 | +7.07% | +8.11% | View data |
| 6 | 6 Czechia | 6.53 | 2023 | |||
| 7 | 7 United Kingdom | 6.45 | 2023 | +1.43% | -0.07% | View data |
| 8 | 8 Slovakia | 4.57 | 2023 | +3.79% | -8.84% | View data |
| 9 | 9 Spain | 4.21 | 2023 | +11.05% | -2.32% | View data |
| 10 | 10 Portugal | 3.34 | 2023 | +44.44% | +18.65% | View data |
