In 2023, Germany led European exports of buckets, shovels, grabs, and grips for cranes and excavators, accounting for 13.46% of the total market share by weight. Hungary and Poland followed closely, with 12.78% and 12.53%, respectively. Poland, Netherlands, and Sweden experienced notable annual growth, while Romania, Hungary, and Italy saw declines. Slovakia showed impressive growth in 2023 with an increase of 8.61%. Over the past five years ending in 2023, moderate variations in export shares suggest consistent performance, although individual country trends vary.
Future trends to watch include Poland and Netherlands' upward trajectory, potentially driven by increasing industrial demand. Furthermore, technological advancements and sustainability considerations could influence production and export dynamics across Europe. Monitoring these factors will be crucial for understanding the evolution of market shares.
Top countries in Export of Buckets, Shovels, Grabs and Grips for Cranes, Excavators and the Like Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13.46 | 2023 | +5.33% | +0.44% | View data |
| 2 | 2 Hungary | 12.78 | 2023 | +1.71% | -0.52% | View data |
| 3 | 3 Poland | 12.53 | 2023 | +4.3% | +4.5% | View data |
| 4 | 4 Italy | 11.82 | 2023 | +4.33% | -0.79% | View data |
| 5 | 5 Netherlands | 9.74 | 2023 | +9.33% | +4.74% | View data |
| 6 | 6 United Kingdom | 5.3 | 2023 | +1.93% | +1.55% | View data |
| 7 | 7 Sweden | 5.14 | 2023 | +17.52% | +6.13% | View data |
| 8 | 8 Austria | 3.92 | 2023 | +4.02% | -0.16% | View data |
| 9 | 9 Denmark | 3.88 | 2023 | +6.92% | -0.083% | View data |
| 10 | 10 Spain | 3.66 | 2023 | +4.24% | +3.72% | View data |
