In 2023, Germany led the European sold production of parts of non-electrical machinery for soldering, brazing, or welding, significantly ahead of Czechia and Poland. Germany’s growth was modest, while Slovakia exhibited the highest year-on-year increase at 15.06%. Conversely, the United Kingdom and Italy faced substantial declines, particularly Italy with a drop of 34.44%. France also saw a notable decrease. Overall, Estonia and Portugal's sold production increased, whereas smaller markets like Denmark and Lithuania remained stagnant.
Looking ahead, the European market may experience shifts in production hubs as countries like Slovakia gain momentum. Technological advancements and potential regulatory changes could also impact the production landscape. Monitoring these dynamics, particularly in Germany's robust market, will be crucial for future strategic decisions.
Top countries in Sold Production of Parts of Non-Electrical Machinery and Apparatus for Soldering, Brazing or Welding by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 87,417,000 | 2023 | +4.61% | +0.73% | View data |
| 2 | 2 Czechia | 20,901,000 | 2023 | |||
| 3 | 3 Poland | 8,857,800 | 2023 | +3.09% | +2.15% | View data |
| 4 | 4 France | 6,281,300 | 2023 | -2.92% | -9.4% | View data |
| 5 | 5 Slovakia | 5,811,800 | 2023 | +2.94% | +15.06% | View data |
| 6 | 6 Hungary | 2,361,300 | 2023 | -0.3% | +2.64% | View data |
| 7 | 7 United Kingdom | 1,499,800 | 2023 | -30.2% | -20.51% | View data |
| 8 | 8 Estonia | 979,660 | 2023 | +20.69% | +3.5% | View data |
| 9 | 9 Portugal | 662,580 | 2023 | +6.42% | +5.34% | View data |
| 10 | 10 Italy | 212,560 | 2023 | -74.73% | -34.44% | View data |
