European Metal Manufacturing Trends in 2024
Metal Manufacturing is part of Manufacturing and includes a number of sub-sectors such as Steel and Metal Products. You may also be interested in Electrical Equipment, Electronic Component and Molding.
The European metal manufacturing industry is projected to see its revenue climb to approximately €71.5 billion by 2028, up from around €67.3 billion in 2023. This marks an average annual growth rate of 1%. However, the market has experienced a slight decline since 2019, with a year-on-year decrease of 0.6% during that period. In 2023, Germany led the sector with a revenue of about €25.6 billion. Italy, France, and Spain followed closely, securing the second, third, and fourth positions respectively. Notably, Macedonia has seen a significant surge, with a year-on-year increase of 14.1%. In contrast, Slovenia has faced a downturn, with a 14.6% decrease in revenue since 2019.
Top 10 countries
In 2024 major markets in the Metal Manufacturing Industry were:
World Metal Manufacturing Market Data and Forecasts
How much the Metal Manufacturing industry is expected to grow to 2028?
More in Metal Manufacturing Industry for 2028World Metal Manufacturing Top Rankings
More in Metal Manufacturing MarketGlobal Metal Manufacturing Statistics
- Metal Products Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Greenhouse Gas Emissions 223 countries (Asia, Europe, Southeast Asia...)
- Metal Products Export 190 countries (Asia, Africa, Latin America...)
- Shipping Freight Volume 66 countries (Western Europe, Europe, Germany...)
- Iron Import 192 countries (Europe, Africa, Sub-Saharan Africa...)
- Iron Export 188 countries (Europe, Southern Europe, Eastern Europe...)
- Trade Balance 221 countries (Asia, Europe, Africa...)
- Tubes And Pipes Import 191 countries (Africa, Sub-Saharan Africa, Asia...)
- Tubes And Pipes Export 187 countries (Asia, Africa, Latin America...)
- Employment Rate 233 countries (Europe, Northern Europe, Eastern Europe...)