As of 2023, Germany leads the European market for imports of electromechanical hand tools with a value of 40.884 million items, followed by the Netherlands at 28.928 million. Notably, the Netherlands and Belgium saw significant year-on-year growth of 15.25% and 9.13% respectively. Greece's market surged by 28.91%, while Spain and Lithuania experienced declines. Over a five-year period, the market experienced consistent growth, albeit with regional variances.
Future trends to watch include continued expansion in the eco-friendly and battery-operated tool segments driven by technological advances and increased demand for sustainable tools. Trade relationships and economic policies within the EU may also impact import dynamics.
Top countries in Import of Electromechanical Hand Tools with Self-Contained Electric Motor by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40,884,000 | 2023 | +2.02% | +3.32% | View data |
| 2 | 2 Netherlands | 28,928,000 | 2023 | +11.16% | +15.25% | View data |
| 3 | 3 France | 20,967,000 | 2023 | +2.31% | +3.78% | View data |
| 4 | 4 Belgium | 20,375,000 | 2023 | +9.37% | +9.13% | View data |
| 5 | 5 United Kingdom | 14,628,000 | 2023 | +1.63% | +1.19% | View data |
| 6 | 6 Austria | 12,462,000 | 2023 | +7.11% | +10.97% | View data |
| 7 | 7 Poland | 11,461,000 | 2023 | +3.12% | +4.63% | View data |
| 8 | 8 Italy | 7,618,900 | 2023 | +1.01% | +4.29% | View data |
| 9 | 9 Spain | 7,348,900 | 2023 | +1.23% | -3.91% | View data |
| 10 | 10 Czechia | 6,050,100 | 2023 |
