In 2023, Germany led in the European sold production of non-electrical machinery and apparatus for soldering, brazing, or welding, valued at €94.61 million. A year-on-year decrease of 7.18% was observed in Germany, while Italy's production, valued at €77.73 million, grew by 16.94%. The United Kingdom maintained stability with no variation. Spain, at €8.39 million, experienced a slight decline of 0.88%, whereas France increased by 13.84%, reaching €7.43 million. Estonia showed positive growth at 6.21%, and Croatia followed with a 10.01% increase. Bulgaria, Sweden, Hungary, Denmark, and Romania showed marginal or negative trends, with notable declines for Bulgaria and Romania.
Future trends to watch include increasing automation and technological advancements potentially enhancing production efficiency. Countries investing in innovation and sustainable manufacturing processes may experience positive growth. Watch for potential shifts in production value as economic conditions and demand fluctuate across Europe.
Top countries in Sold Production of Non-Electrical Machinery and Apparatus for Soldering, Brazing or Welding and Parts Thereof by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 94,610,000 | 2023 | -3.91% | -7.18% | View data |
| 2 | 2 Italy | 77,730,000 | 2023 | +30.3% | +16.94% | View data |
| 3 | 3 United Kingdom | 19,939,000 | 2023 | +0.08% | View data | |
| 4 | 4 Spain | 8,389,700 | 2023 | +12.94% | -0.88% | View data |
| 5 | 5 France | 7,426,300 | 2023 | +1.91% | +13.84% | View data |
| 6 | 6 Estonia | 4,590,400 | 2023 | +6.47% | +6.21% | View data |
| 7 | 7 Bulgaria | 429,340 | 2023 | -3.86% | -10.4% | View data |
| 8 | 8 Sweden | 412,260 | 2023 | -11.74% | View data | |
| 9 | 9 Hungary | 354,970 | 2023 | +5.86% | -0.18% | View data |
| 10 | 10 Croatia | 239,080 | 2023 | +2.8% | +10.01% | View data |
