In 2023, Germany and Italy led European production of millstones and grinding wheels, with Germany slightly declining by 0.53% and Italy increasing by 2.39% in output. Austria and Poland experienced minimal change, with Austria seeing a 2.35% decline, while Poland's production grew slightly by 0.17%. Conversely, Spain and Bulgaria faced significant decreases of 15.14% and 9.74% respectively. Croatia exhibited the most substantial drop at 21.54%.
Looking towards future trends, the European market may see a shift towards environmentally friendly production methods and innovation in material technology, which could influence production rates across countries. Monitoring regulatory changes and technological advancements will be crucial for industry stakeholders.
Top countries in Sold Production of Millstones, Grindstones, Grinding Wheels and the Like, without Frameworks, of Reinforced Synthetic or Artificial Resin by Country
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24,988,000 | 2023 | -0.43% | -0.53% | View data |
| 2 | 2 Italy | 23,128,000 | 2023 | +0.012% | +2.39% | View data |
| 3 | 3 Austria | 8,466,500 | 2023 | +2.59% | -2.35% | View data |
| 4 | 4 Poland | 8,290,900 | 2023 | +0.53% | +0.17% | View data |
| 5 | 5 Spain | 384,680 | 2023 | -24.07% | -15.14% | View data |
| 6 | 6 Portugal | 58,160 | 2021 | View data | ||
| 7 | 7 Bulgaria | 33,870 | 2023 | -9.56% | -9.74% | View data |
| 8 | 8 Croatia | 3,590 | 2023 | -7.19% | -21.54% | View data |