In 2023, Germany led European cables and wiring devices production with a value of €17.43 billion, despite a slight decline of 0.64% from the previous year. France and Italy followed, showing minor growth at 0.49% and a decrease of 1.97%, respectively. Poland stood out with a notable increase of 5.1%, reflecting strong momentum. Smaller markets like Serbia, Latvia, and Bosnia and Herzegovina experienced significant growth, underscoring emerging production capacities. Conversely, Croatia faced a substantial reduction of 7.53%.
For future trends, monitor technological advancements influencing production processes, and the impact of European green energy policies. Also, the rapid digitalization across the continent could shift value production geographically, possibly amplifying growth in Central and Eastern European countries.
Top countries in Cables and Wiring Devices Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17,430 | 2023 | +0.64% | -0.64% | View data |
| 2 | 2 France | 7,810 | 2023 | +4.47% | +0.49% | View data |
| 3 | 3 Italy | 6,400 | 2023 | -0.07% | -1.97% | View data |
| 4 | 4 Poland | 2,870 | 2023 | +4.97% | +5.1% | View data |
| 5 | 5 United Kingdom | 2,430 | 2023 | +0.28% | +0.96% | View data |
| 6 | 6 Spain | 2,340 | 2023 | +3.04% | -0.88% | View data |
| 7 | 7 Hungary | 1,600 | 2023 | +7.13% | +2.01% | View data |
| 8 | 8 Austria | 1,510 | 2023 | +3.45% | +3.17% | View data |
| 9 | 9 Sweden | 1,420 | 2023 | +2.21% | +0.68% | View data |
| 10 | 10 Czech Republic | 1,360 | 2023 | +0.88% | +0.19% | View data |
