The European sold production of weapons and ammunitions shows a robust growth trajectory in selected countries. Portugal leads significantly with production reaching 3.6902 million items, showing a 132.79% increase in 2023, indicating a significant expansion in defense production capabilities. Germany follows with 2.1331 million items, growing by 55.26%. Italy's production surged by 161.77% to reach 1.4315 million items, while Spain stands at 0.89229 million items. Declining trends are observed in Croatia, with a drop of 24.6%. Denmark's production remains stable, while Finland, France, and Czechia contribute smaller segments to European totals.
Future trends to watch include:
- Increasing geopolitical tensions potentially driving demand for higher production across Europe.
- Technological advancements influencing production efficiency and capacity.
- Regulatory changes impacting production volume distribution and export capabilities.
Top countries in Sold Production of Weapons and Ammunitions by Country
| # | 9 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 3,690,200 | 2023 | +24.42% | +132.79% | View data |
| 2 | 2 Germany | 2,133,100 | 2023 | +32.67% | +55.26% | View data |
| 3 | 3 Italy | 1,431,500 | 2023 | +68.54% | +161.77% | View data |
| 4 | 4 Spain | 892,290 | 2021 | +41.11% | +5.75% | View data |
| 5 | 5 Croatia | 148,700 | 2023 | -33.72% | -24.6% | View data |
| 6 | 6 Finland | 135,360 | 2021 | +19.33% | +6.23% | View data |
| 7 | 7 France | 22,090 | 2021 | +1180% | +5.34% | View data |
| 8 | 8 Czechia | 8,140 | 2021 | |||
| 9 | 9 Denmark | 8,090 | 2023 | +5.73% | View data |
