In 2023, Germany led the European sold production of base metal mountings for furniture with a dominant 43.12% share, followed by Austria with 40.5%. Italy and Poland were the next major contributors, albeit with significantly lower shares of 6.14% and 2.89%, respectively. Notable year-on-year growth was observed in Germany and Austria with increases of 2.95% and 5.43%. Conversely, substantial declines were evident in the UK and France with reductions of 17.15% and 23.24%, respectively.
Future trends to watch include:
- The potential increase in production efficiency and advances in technology across Europe.
- Emerging Eastern European markets that may gradually capture larger market shares.
- Shifting furniture design preferences impacting demand for varied fittings and mountings.
Top countries in Sold Production of Base Metal Mountings, Fittings Suitable for Furniture Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 43.12 | 2023 | +1.75% | +2.95% | View data |
| 2 | 2 Austria | 40.5 | 2023 | +3.99% | +5.43% | View data |
| 3 | 3 Italy | 6.14 | 2023 | +0.32% | +1.39% | View data |
| 4 | 4 Poland | 2.89 | 2023 | +1.66% | +1.39% | View data |
| 5 | 5 Spain | 1.4 | 2023 | +4.69% | -0.69% | View data |
| 6 | 6 Denmark | 0.52 | 2021 | +258.63% | +63.79% | View data |
| 7 | 7 Bulgaria | 0.44 | 2023 | -3.32% | -2.24% | View data |
| 8 | 8 Romania | 0.42 | 2023 | +1.94% | +2.3% | View data |
| 9 | 9 Hungary | 0.27 | 2023 | +1.45% | -0.86% | View data |
| 10 | 10 Lithuania | 0.2 | 2023 | +5.99% | +0.84% | View data |
