In 2023, Germany led European metal manufacturing with a production value of 25.72 billion euros, experiencing a moderate 0.76% increase. Italy and France saw declines of -2.04% and -1.61%, respectively, while Spain and Austria gained with 1.4% and 1.92%. Belgium, Portugal, and Romania showed substantial growth at 4.96%, 4.02%, and 4.49%. However, Serbia and Slovenia faced significant declines, at -13.4% and -10.46%. Smaller economies, like Lithuania and Macedonia, had remarkable growth, at 7.9% and 7.35%.
Future trends to keep an eye on include the potential for technological advancements boosting efficiency in production, increasing cross-border collaborations leading to regional integration, and the impact of digital transformation on supply chain resilience and sustainability in the industry.
Top countries in Metal Manufacturing Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,720 | 2023 | +5.47% | +0.76% | View data |
| 2 | 2 Italy | 10,810 | 2023 | +2% | -2.04% | View data |
| 3 | 3 Spain | 8,790 | 2023 | +6.89% | +1.4% | View data |
| 4 | 4 France | 8,220 | 2023 | +0.21% | -1.61% | View data |
| 5 | 5 United Kingdom | 2,820 | 2023 | -0.082% | -0.3% | View data |
| 6 | 6 Austria | 2,070 | 2023 | +5.52% | +1.92% | View data |
| 7 | 7 Netherlands | 1,790 | 2023 | +0.034% | -1.46% | View data |
| 8 | 8 Poland | 1,160 | 2023 | +6.15% | +1.1% | View data |
| 9 | 9 Czech Republic | 835.4 | 2023 | +4.76% | +1.38% | View data |
| 10 | 10 Switzerland | 703.6 | 2023 | -1.8% | -2.84% | View data |
