In 2023, Germany leads the European market in the production of bending, folding, and straightening metal machines, with a slight decline of 1.05%. Italy follows with a decrease of 1.82%, while Spain shows marginal growth at 0.92%. Austria's production remains stable. Notable growth is observed in Sweden at 8.13% and Denmark at 17.01%. Portugal's production surged by 50.45%. Other countries like Poland, Finland, and Bulgaria also experienced growth. Conversely, the UK, Croatia, and Hungary faced declines of 6.94%, 5.09%, and 8.89%, respectively. The compound annual growth rate reflects varying trends over five years.
Future trends indicate potential growth driven by technological advancements and increased demand for automation. Monitoring the impact of inflationary pressures and geopolitical developments on production capabilities and trade policies will be crucial for understanding the sector's trajectory. Expansion into emerging markets and investments in sustainable manufacturing processes could also influence future production dynamics.
Top countries in Sold Production of Bending, Folding and Straightening Metal Machines by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 758,230,000 | 2023 | +6.77% | -1.05% | View data |
| 2 | 2 Italy | 540,870,000 | 2023 | +4.89% | -1.82% | View data |
| 3 | 3 Spain | 236,240,000 | 2023 | +4.55% | +0.92% | View data |
| 4 | 4 Austria | 121,260,000 | 2023 | +48.82% | View data | |
| 5 | 5 Sweden | 68,203,000 | 2023 | +0.73% | +8.13% | View data |
| 6 | 6 France | 42,090,000 | 2023 | +12.89% | +3.81% | View data |
| 7 | 7 Portugal | 24,443,000 | 2023 | +2.94% | +50.45% | View data |
| 8 | 8 Poland | 24,110,000 | 2023 | +4.45% | +6.23% | View data |
| 9 | 9 Finland | 22,125,000 | 2023 | +9.73% | +6.31% | View data |
| 10 | 10 Czechia | 16,403,000 | 2023 |
