Germany leads European sold production of lathes for removing metal in 2023 with a significant margin, followed by Italy, Czechia, and Spain. France, Poland, Bulgaria, and Denmark contribute minor shares. Year-on-year data from 2023 shows Germany and Italy experiencing moderate declines while Spain, Poland, Bulgaria, and Denmark face sharper declines, indicating varying market challenges. Five-year trends suggest stability in Germany and Italy, with overall market contraction elsewhere.
Future trends to watch for include:
- Technological advancements driving efficiency in production.
- Potential shifts in demand due to changes in manufacturing needs and automation.
- The impact of economic policies within the EU on industrial production.
Top countries in Sold Production of Lathes for Removing Metal by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,299,500,000 | 2023 | +7.58% | -4.86% | View data |
| 2 | 2 Italy | 554,270,000 | 2023 | +16.12% | -4.72% | View data |
| 3 | 3 Czechia | 63,037,000 | 2023 | |||
| 4 | 4 Spain | 38,343,000 | 2023 | +1.79% | -17.9% | View data |
| 5 | 5 France | 18,306,000 | 2023 | -4.19% | -6.14% | View data |
| 6 | 6 Poland | 16,179,000 | 2023 | -6.46% | -24.18% | View data |
| 7 | 7 Bulgaria | 8,007,900 | 2023 | -6.95% | -23.35% | View data |
| 8 | 8 Denmark | 372,360 | 2023 | +2.81% | -12.98% | View data |
