Italy leads European metallurgy machinery turnover in 2024 with €4.37 billion, showing growth amidst varied regional trends. Germany, although significant at €1.64 billion, saw a notable decline. Austria and Spain maintained steady growth, whereas the UK and France faced declines, particularly pronounced in France's 100% drop in 2023. Southern and Eastern European countries exhibit moderate-to-low turnover but varied growth, with countries like Portugal and Denmark showing positive momentum.
Future trends to watch include technological advancements influencing production efficiency, shifts in European industrial policies, and the role of sustainable practices. The impact of geopolitical factors and global economic conditions will also be crucial.
Top countries in Metallurgy Machinery Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4,370 | 2023 | +3.56% | +3.1% | View data |
| 2 | 2 Germany | 1,640 | 2023 | -5.03% | -7.27% | View data |
| 3 | 3 Austria | 970.1 | 2023 | +5.2% | +1.7% | View data |
| 4 | 4 Spain | 522.5 | 2023 | +0.93% | +1.53% | View data |
| 5 | 5 Czech Republic | 174.3 | 2023 | +7.93% | +1.83% | View data |
| 6 | 6 Slovenia | 108.9 | 2023 | +3.42% | +1.88% | View data |
| 7 | 7 Sweden | 93.8 | 2023 | +2.51% | +2.59% | View data |
| 8 | 8 United Kingdom | 78 | 2023 | -3.35% | -6.8% | View data |
| 9 | 9 France | 35.7 | 2023 | -100% | -100% | View data |
| 10 | 10 Romania | 35.4 | 2023 | +2.91% | -5.63% | View data |
