In 2023, Italy led the European market for moulds for metal or metal carbides production, valued at 243.33 million euros but faced a significant decline of 9.4% year-on-year. Germany was the second largest producer at 207.35 million euros, experiencing a modest growth of 0.94%. Spain saw a slight dip at -2.31%, while the United Kingdom dropped by 8.26%. Notably, Lithuania showed substantial year-on-year growth of 34.82%, and Croatia increased by 13.1%, indicating an emerging presence in this sector. Over the past five years, this market has seen varied growth patterns, with notable standouts due to differing regional economic conditions.
Future trends to watch for include:
- Technological advancements in production processes.
- Increased emphasis on sustainable and eco-friendly production techniques.
- Potential impacts of geopolitical developments on cross-border trade and supply chains.
- Variations in demand based on shifts in global manufacturing hubs, especially influenced by trends in electric vehicles and renewable energy sectors.
Top countries in Sold Production of Moulds for Metal or Metal Carbides by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 243,330,000 | 2023 | -2.18% | -9.4% | View data |
| 2 | 2 Germany | 207,350,000 | 2023 | +6.6% | +0.94% | View data |
| 3 | 3 Spain | 38,794,000 | 2023 | +3.56% | -2.31% | View data |
| 4 | 4 United Kingdom | 12,383,000 | 2023 | -6.12% | -8.26% | View data |
| 5 | 5 Czechia | 12,353,000 | 2023 | |||
| 6 | 6 France | 12,110,000 | 2023 | +3.49% | -3.41% | View data |
| 7 | 7 Poland | 6,017,700 | 2023 | +3.88% | +4.68% | View data |
| 8 | 8 Portugal | 4,942,600 | 2023 | -1.41% | -1.23% | View data |
| 9 | 9 Hungary | 4,449,300 | 2023 | -2.83% | -6.85% | View data |
| 10 | 10 Lithuania | 1,368,200 | 2023 | +3.45% | +34.82% | View data |
