European Manufacturing Trends in 2024
Manufacturing is part of Heavy Industry and includes a number of sub-sectors such as Electrical Equipment, Metal Manufacturing, Electronic Component and Molding. You may also be interested in Electronics, Chemical and Automotive.
European manufacturing output is projected to climb to approximately €10.35 trillion by 2028, up from around €9.53 trillion in 2023. This marks an average annual growth rate of 1.9%. Since 2019, the region's supply has seen a significant increase, jumping by 3.5% each year. Germany leads the pack with manufacturing output valued at €2.16 trillion in 2023. Italy, France, and Spain follow in second, third, and fourth places, respectively. Notably, Lithuania has experienced remarkable growth, expanding by 11.6% annually. In contrast, the United Kingdom has seen a more modest increase, with a yearly growth rate of 0.5% since 2019.
Top 10 countries
In 2024 major markets in the Manufacturing Industry were:
World Manufacturing Market Data and Forecasts
How much the Manufacturing industry is expected to grow to 2028?
World Manufacturing Top Rankings
Global Manufacturing Statistics
- Industrial Equipment Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Greenhouse Gas Emissions 223 countries (Asia, Europe, Southeast Asia...)
- Industrial Equipment Export 189 countries (Asia, Africa, Latin America...)
- Metal Products Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Electrical Equipment Export 195 countries (Asia, Europe, Southeast Asia...)
- Metal Products Export 190 countries (Asia, Africa, Latin America...)
- Electrical Equipment Import 198 countries (Asia, Europe, Southeast Asia...)
- Chemicals Export 193 countries (Asia, Europe, Southeast Asia...)
- Electronic Component Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Chemicals Import 197 countries (Asia, Europe, Southeast Asia...)