In 2023, Italy led the European electric domestic appliances production value with a slight decline of 1.35%, closely followed by Poland with a 2.15% increase. France and Hungary showed growth, with Hungary having a notable 5.94% rise. Spain and the UK experienced declines of 4.63% and 2.36%, respectively. Other significant increments were observed in the Czech Republic (7.09%) and Bulgaria (6.25%), while Croatia saw a substantial decrease of 22.88%. Over the past five years, the compounded annual growth rate has varied across the region, reflecting diverse local market dynamics.
Future trends to monitor include technological advancements, sustainability measures, and geopolitical influences impacting production. The focus on energy-efficient appliances and the transition to greener technologies might significantly alter market shares, particularly benefiting countries investing in innovation and sustainable practices.
Top countries in Electric Domestic Appliances Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 23.39 | 2023 | -3.12% | -1.35% | View data |
| 2 | 2 Poland | 23.23 | 2023 | +2.33% | +2.15% | View data |
| 3 | 3 France | 18.08 | 2023 | +2.61% | +2.1% | View data |
| 4 | 4 Hungary | 6.43 | 2023 | +13.24% | +5.94% | View data |
| 5 | 5 Spain | 6.18 | 2023 | -3.94% | -4.63% | View data |
| 6 | 6 United Kingdom | 5.58 | 2023 | -2.48% | -2.36% | View data |
| 7 | 7 Slovenia | 3.72 | 2023 | -0.11% | +0.33% | View data |
| 8 | 8 Austria | 2.71 | 2023 | +0.77% | +1.11% | View data |
| 9 | 9 Czech Republic | 2.22 | 2023 | +0.91% | +7.09% | View data |
| 10 | 10 Bulgaria | 1.69 | 2023 | +3.29% | +6.25% | View data |