In 2023, Italy led European production of variable capacitors with sales of 150.64 million euros, despite a 4.73% decline from the previous year. Portugal followed with 41.248 million euros, marking a 4.18% increase. France's production decreased by 8.03% to 1.8711 million euros. Hungary experienced significant growth with a 97.44% increase, reaching 0.02172 million euros. Sweden's production remained almost stable, witnessing no significant change.
Over a five-year period, Italy shows resilience despite recent declines. Portugal is steadily growing, while France could benefit from market revitalization. Hungary, with notable growth, presents emerging opportunities.
Future trends to watch include digitalization in capacitor manufacturing, the increasing role of renewable energy, and technological innovations driving efficiency. Countries' adaptation strategies to these dynamics may significantly shift production landscapes.
Top countries in Sold Production of Variable Capacitors by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 150,640,000 | 2023 | +36.82% | -4.73% | View data |
| 2 | 2 Portugal | 41,248,000 | 2023 | +21.65% | +4.18% | View data |
| 3 | 3 France | 1,871,100 | 2023 | -8.51% | -8.03% | View data |
| 4 | 4 Hungary | 21,720 | 2023 | -10.02% | +97.44% | View data |
| 5 | 5 Sweden | 618 | 2023 | +3.17% | View data |
