The European production of fabricated metal products, expressed in billion euros for 2024, places Germany at the top with 144.17 billion euros, followed by Italy and France with 95.98 and 55.16 billion euros, respectively. Spain and the Netherlands also show significant production values at 39.14 and 23.36 billion euros. Other countries such as Austria, Belgium, Finland, Slovakia, and Ireland contribute smaller but noteworthy amounts. Countries like Greece and Luxembourg show minimal production values in comparison.
In 2023, the year-on-year variation indicates mixed trends with some countries showing growth and others slight declines. Noteworthy increases include Estonia at 2.89%, Slovakia at 2.18%, and Ireland at 3.97%. Greece saw a decline at -1.13%. Over the last two years, there has been a mixed growth pattern ranging from minimal increases to moderate declines.
Future trends to watch in the European production of fabricated metal products include potential expansion in Eastern European countries driven by lower labor costs, increased efficiency through advanced manufacturing technologies, and the push towards sustainable production methods to meet EU environmental regulations. These trends may lead to shifts in production volumes and country rankings over the next five years.
Top countries in Production of Fabricated Metal Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 144,170 | 2023 | +1.24% | +0.37% | View data |
| 2 | 2 Italy | 95,980 | 2023 | +1.05% | +0.49% | View data |
| 3 | 3 France | 55,160 | 2023 | +0.76% | +0.56% | View data |
| 4 | 4 Spain | 39,140 | 2023 | +1.28% | +0.75% | View data |
| 5 | 5 Netherlands | 23,360 | 2023 | +1.75% | +1.62% | View data |
| 6 | 6 Austria | 18,790 | 2023 | +2.08% | +1.98% | View data |
| 7 | 7 Belgium | 13,740 | 2023 | +1.02% | +1.15% | View data |
| 8 | 8 Finland | 8,410 | 2023 | +1.53% | +1.28% | View data |
| 9 | 9 Slovakia | 7,610 | 2023 | +2.94% | +2.18% | View data |
| 10 | 10 Ireland | 3,700 | 2023 | +2.96% | +3.97% | View data |
