The European Installation of Industrial Machinery and Equipment Production Index shows significant disparities among countries. Lithuania leads with an index of 37.89, driven by a remarkable 21.34% growth in 2022. Spain and Italy also demonstrate strong performance, with indices of 16.63 and 14.03, reflecting growth rates of 7.18% and 5.01%, respectively. France and Germany, with lower indices at 10.05 and 9.1, reveal stagnation or decline, with France barely growing and Germany contracting by 1.95% in 2022. Greece, at 6.13, faces a sharp decline of 13.03%.
Future trends to watch include:
- Continued growth potential in Lithuania, potentially influencing neighboring regions.
- Spain and Italy sustaining growth through technological advancements and modernization.
- Renewed investments in Germany and France to reverse the current slowdown.
- Monitoring Greece's economic environment to address structural challenges.
Top countries in Installation of Industrial Machinery and Equipment Production Index by Country
| # | 6 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 378.9 | 2022 | +52.78% | +21.34% | View data |
| 2 | 2 Spain | 166.3 | 2022 | +16.21% | +7.18% | View data |
| 3 | 3 Italy | 140.3 | 2022 | +1.15% | +5.01% | View data |
| 4 | 4 France | 100.5 | 2022 | -3.37% | +0.08% | View data |
| 5 | 5 Germany | 91 | 2022 | -2.57% | -1.95% | View data |
| 6 | 6 Greece | 61.3 | 2022 | -18.48% | -13.03% | View data |