In 2023, Germany led European chain production with €298.82 million, despite only a 0.14% growth. Italy followed at €152.73 million, showing a remarkable 11.21% increase. Austria and France maintained moderate levels, with Austria experiencing slight growth and France seeing a 1.96% decline. Denmark exhibited the most significant growth at 76.57%, while the UK and Poland faced downturns of 12.58% and 24.58% respectively.
Future trends to watch include:
- Recovery of declining markets such as the UK and Poland.
- Continued growth potential in Italy and potential stabilization in markets like France.
- Monitoring Denmark's substantial growth to see if it indicates a sustained trend or a temporary spike.
Top countries in Sold Production of Chain (Except Articulated Link Chain) and Parts Thereof by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 298,820,000 | 2023 | +2.96% | +0.14% | View data |
| 2 | 2 Italy | 152,730,000 | 2023 | +16.11% | +11.21% | View data |
| 3 | 3 Austria | 41,248,000 | 2023 | +11.86% | +1.23% | View data |
| 4 | 4 France | 41,050,000 | 2023 | -0.7% | -1.96% | View data |
| 5 | 5 Spain | 13,342,000 | 2023 | +2.4% | +0.57% | View data |
| 6 | 6 Finland | 12,589,000 | 2023 | +6.84% | +2.1% | View data |
| 7 | 7 Czechia | 12,503,000 | 2023 | |||
| 8 | 8 Lithuania | 12,405,000 | 2023 | +3.01% | +2.1% | View data |
| 9 | 9 United Kingdom | 4,742,900 | 2023 | -19.94% | -12.58% | View data |
| 10 | 10 Sweden | 4,596,000 | 2023 | +20.97% | View data |
