In 2023, Germany led the European sold production of millstones, grindstones, grinding wheels, and the like, without frameworks, of ceramics or silicates, valued at 243.9 million euros. Austria and Denmark followed, with significant year-on-year growth of 1.79% and 1.59%, respectively. Italy showed a remarkable increase of 10.29%, while Spain noted a slight decline of 0.58%. Portugal's contribution was minimal compared to others.
Future trends to watch include:
- Technology advancements impacting production efficiency.
- Shifting demand from traditional to emerging markets.
- Sustainability initiatives influencing manufacturing processes.
Top countries in Sold Production of Millstones, Grindstones, Grinding Wheels and the Like, without Frameworks, of Ceramics or Silicates by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 243,900,000 | 2023 | +7.65% | +0.71% | View data |
| 2 | 2 Austria | 91,703,000 | 2023 | +8.17% | +1.79% | View data |
| 3 | 3 Denmark | 41,621,000 | 2023 | +7.38% | +1.59% | View data |
| 4 | 4 Italy | 36,823,000 | 2023 | +7.1% | +10.29% | View data |
| 5 | 5 Spain | 13,549,000 | 2023 | +5.7% | -0.58% | View data |
| 6 | 6 Portugal | 2,080,000 | 2021 | View data |