In 2023, Germany held the largest share in European Fabricated Metal Products production value at 25.83 million euros, followed by Italy and France at 14.04 and 9.89 million euros respectively. The UK, Spain, and Poland also contributed significantly, reflecting their strong industrial bases. Notably, Poland and Sweden exhibited robust growth at 2.67% and 3.29% respectively, while Germany and Italy faced declines. Growth was also notable in Eastern European countries such as Romania and Estonia, indicating emerging production hubs. The overall market displayed a combination of mature economies stabilizing and Eastern Europe gaining prominence.
Future trends to watch include shifting production capacities towards lower-cost Eastern European countries and increased focus on sustainability and technology integration in production processes. A continued balance between automation and skilled labor offers opportunities and challenges for the sector's long-term evolution.
Top countries in Fabricated Metal Products (Except Machinery and Equipment) Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.83 | 2023 | +3.93% | -0.67% | View data |
| 2 | 2 Italy | 14.04 | 2023 | -1.98% | -2.83% | View data |
| 3 | 3 France | 9.89 | 2023 | +2.65% | +0.018% | View data |
| 4 | 4 United Kingdom | 7.58 | 2023 | +0.19% | +0.11% | View data |
| 5 | 5 Spain | 6.44 | 2023 | -0.45% | -1.38% | View data |
| 6 | 6 Poland | 5.75 | 2023 | +3.13% | +2.67% | View data |
| 7 | 7 Netherlands | 3.94 | 2023 | +1.09% | +0.46% | View data |
| 8 | 8 Switzerland | 3.54 | 2023 | +2.02% | +1.7% | View data |
| 9 | 9 Austria | 2.99 | 2023 | +1.83% | +1.54% | View data |
| 10 | 10 Czech Republic | 2.91 | 2023 | +2.56% | +0.9% | View data |