In 2023, Germany led in environmental protection-related ancillary output within the European electrical equipment sector with 67.9 million Euros, reflecting a growth of 1.19%. Slovenia experienced a decline of 4.56% to 7.6 million Euros, while Belgium saw an increase of 4.2% to 4.3 million Euros. Portugal and Italy showed slight positive and negative movements at 1.49% and -1.53%, respectively. Slovakia and Latvia remained unchanged, with Finland showing a significant drop of 19.73%.
Key trends to observe include Germany's dominant and growing role in this sector, alongside fluctuations in smaller markets. The potential for innovation-driven growth in countries currently experiencing declines could reshape the landscape. Continued investments in sustainable practices and technologies are likely critical for enhancing ancillary outputs across Europe.
Top countries in Environmental Protection Related Ancillary Output in All Environmental Protection Activities in Manufacture of Electrical Equipment by the Business Sector by Country
| # | 8 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 67.9 | 2023 | +1.04% | +1.19% | View data |
| 2 | 2 Slovenia | 7.6 | 2023 | 0% | -4.56% | View data |
| 3 | 3 Belgium | 4.3 | 2023 | +2.38% | +4.2% | View data |
| 4 | 4 Portugal | 2.8 | 2023 | 0% | +1.49% | View data |
| 5 | 5 Italy | 2.5 | 2023 | -3.85% | -1.53% | View data |
| 6 | 6 Slovakia | 1.1 | 2023 | 0% | 0% | View data |
| 7 | 7 Latvia | 0.1 | 2023 | 0% | 0% | View data |
| 8 | 8 Finland | 0.1 | 2023 | -50% | -19.73% | View data |
