The European Cables and Wiring Devices Production Index indicates varying performances across countries in 2023. Italy leads with a high index value, showing notable production growth. Germany, France, and Spain follow closely with similar values, although France saw a slight decline in the previous year. Greece reported significant year-on-year growth, while Lithuania experienced a downturn. Over the last two years, Greece and Italy have shown robust growth, whereas Lithuania struggled. The 5-year CAGR highlights steady growth for most countries, promoting optimism for the sector, but vigilance is needed for Lithuania’s declining trajectory.
Future trends to watch include the impact of sustainability regulations on production, advancements in smart technology integration, and market consolidation through mergers and acquisitions. These factors will shape the competitiveness and resilience of Europe's cable and wiring sectors, with potential innovation playing a critical role in determining leaders.”
Top countries in Cables and Wiring Devices Production Index by Country
| # | 6 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 118.1 | 2022 | +1.03% | +2.83% | View data |
| 2 | 2 Germany | 108 | 2022 | -1.91% | +0.39% | View data |
| 3 | 3 France | 107.5 | 2022 | +6.12% | -0.056% | View data |
| 4 | 4 Spain | 107.3 | 2022 | -2.01% | +2.44% | View data |
| 5 | 5 Greece | 106.8 | 2022 | +6.8% | +6.11% | View data |
| 6 | 6 Lithuania | 93.2 | 2022 | -2.51% | -2.32% | View data |
