In 2023, France led Europe's explosives production market, representing a significant share despite a slight decrease of 2.13%. The UK and Portugal saw declines, while Germany experienced a notable rise of 17.28%. Italy's production surged by an impressive 34.54%, whereas Norway faced a considerable drop of 25.13%. Other countries, such as Poland and Hungary, registered moderate increases, underscoring a varied landscape in the explosives production sector.
Future trends to watch include possible stabilization in Germany after recent growth, potential recovery in Norway, and continued momentum in Italy's explosive production. Monitoring technological advancements and regulatory changes will be essential for understanding market dynamics moving forward.
Top countries in Sold Production of Explosives Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 32.53 | 2023 | +0.15% | -2.13% | View data |
| 2 | 2 Czechia | 17.03 | 2023 | |||
| 3 | 3 United Kingdom | 10.31 | 2023 | -0.15% | -0.86% | View data |
| 4 | 4 Germany | 7.79 | 2023 | +5.41% | +17.28% | View data |
| 5 | 5 Poland | 7.62 | 2023 | +3.28% | +2.07% | View data |
| 6 | 6 Spain | 6.5 | 2023 | +5.59% | +0.16% | View data |
| 7 | 7 Sweden | 6.18 | 2023 | -3.05% | View data | |
| 8 | 8 Finland | 3.3 | 2023 | +12.57% | +0.48% | View data |
| 9 | 9 Italy | 3.2 | 2023 | +2.6% | +34.54% | View data |
| 10 | 10 Portugal | 1.38 | 2023 | +0.32% | -3.4% | View data |
