In 2023, Germany led Europe in the production of pressing, stamping, or punching tools for working metal, with a slight contraction at -0.16% from the previous year. Italy and Slovenia showed modest growth at 1.31% and 3.47%, respectively. Sweden experienced a significant increase of 59.11%. Spain, the UK, and Romania saw declines ranging from -2.91% to -8.37%. Denmark had a notable surge at 22.03%, while Portugal recorded a steep drop of -43.26%. Despite mixed year-on-year variations, most countries saw fluctuating trends over the past five years, reflecting changing demand and economic conditions.
Future trends to watch include the potential impact of advanced manufacturing technologies and sustainability in tool production. Countries like Germany and Italy might see stabilization in production, while emerging markets like Poland and Slovakia could continue to grow due to increased industrialization efforts. Environmental and technological advancements might influence future production and market dynamics, steering towards green manufacturing approaches and smarter, more efficient production techniques.
Top countries in Sold Production of Pressing, Stamping or Punching Tools for Working Metal by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 130,210,000 | 2023 | +6.01% | -0.16% | View data |
| 2 | 2 Italy | 33,087,000 | 2023 | +3.89% | +1.31% | View data |
| 3 | 3 Sweden | 25,631,000 | 2023 | +18.3% | +59.11% | View data |
| 4 | 4 Spain | 24,094,000 | 2023 | +9.37% | -2.91% | View data |
| 5 | 5 United Kingdom | 9,695,700 | 2023 | -6.43% | -6.7% | View data |
| 6 | 6 France | 9,605,300 | 2023 | +9.28% | +0.89% | View data |
| 7 | 7 Slovenia | 5,221,300 | 2023 | -0.16% | +3.47% | View data |
| 8 | 8 Poland | 4,501,200 | 2023 | +0.81% | +3% | View data |
| 9 | 9 Czechia | 3,363,100 | 2023 | |||
| 10 | 10 Netherlands | 2,818,700 | 2021 | +53.54% | +141.83% | View data |
