The European Light Metal Packaging Production Index reveals substantial variability across countries. In 2023, France led the index at 11.05, reflecting a 1.26% increase in 2022. Greece and Spain followed, showing slight increments of 0.22% and 0.49%, respectively. Italy and Germany experienced declines, with -2.66% and -1.2%. The compound annual growth rate over the past five years underscores these trends, highlighting potential shifts in regional production dynamics.
Future trends to observe include:
- Economic recovery impacts post-2023, potentially influencing manufacturing output.
- Technological advancements and sustainability initiatives affecting production efficiencies.
- Geopolitical developments could alter raw material availability and distribution channels.
Top countries in Light Metal Packaging Production Index by Country
| # | 5 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 110.5 | 2022 | +3.85% | +1.26% | View data |
| 2 | 2 Greece | 110 | 2022 | -1.52% | +0.22% | View data |
| 3 | 3 Spain | 104.3 | 2022 | -1.04% | +0.49% | View data |
| 4 | 4 Italy | 97 | 2022 | -5.46% | -2.66% | View data |
| 5 | 5 Germany | 96.1 | 2022 | -2.83% | -1.2% | View data |