In 2023, Germany dominated the European market for tool holders and self-opening dieheads, capturing the largest share with a value percentage of 72.37. Italy held the second position with 20.86%, while France, the United Kingdom, and Spain occupied lesser shares at 3.67%, 2.91%, and 1.98%, respectively. Year-on-year variations showed mixed results: Germany saw a marginal increase, while Italy, France, and the UK faced declines. Notably, Spain and Croatia experienced growth, and Hungary had the highest percentage increase.
Looking forward, potential trends to watch in 2024 include technological advancements driving efficiency and production, potential shifts in European manufacturing hubs, and fluctuating economic conditions impacting demand and supply across different countries.
Top countries in Sold Production of Tool Holders and Self-Opening Dieheads, for Machine Tools Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 72.37 | 2023 | +9.77% | +0.58% | View data |
| 2 | 2 Italy | 20.86 | 2023 | +7.04% | -2.93% | View data |
| 3 | 3 France | 3.67 | 2023 | +3.15% | -4.48% | View data |
| 4 | 4 United Kingdom | 2.91 | 2023 | +0.75% | -2.33% | View data |
| 5 | 5 Spain | 1.98 | 2023 | +4.29% | +5.41% | View data |
| 6 | 6 Czechia | 0.89 | 2023 | |||
| 7 | 7 Poland | 0.56 | 2023 | +1.25% | -9.31% | View data |
| 8 | 8 Croatia | 0.32 | 2023 | +3.6% | +6.55% | View data |
| 9 | 9 Hungary | 0.22 | 2023 | +4.67% | +15.64% | View data |
| 10 | 10 Portugal | 0.19 | 2023 | +29.68% | View data |
