Key Market Indicators
Estonia's metal manufacturing sector is projected to see its revenue climb to approximately €36 million by 2028, up from around €35.5 million in 2023. This reflects an average annual growth rate of 0.2%. Over the past decade, the Estonian market has experienced a consistent growth rate of 1.5% per year. However, in 2023, Estonia ranked 23rd globally in metal manufacturing revenue. It was overtaken by Macedonia, which matched Estonia's revenue at €35.5 million. Leading the European rankings in this sector are Italy, France, and Spain, holding the second, third, and fourth spots respectively.
