In 2023, Italy led the European production of moulds for metal or metal carbides with a 45.88% market share, although experiencing a sharp decline of 9.4%. Germany held the second position at 39.1%, showing a modest growth of 0.94%. Spain was third with a 7.32% share, despite a decrease of 2.31%. The United Kingdom also saw a decline at -8.26%, as did Hungary and France. Poland stood out with a positive growth of 4.68%, and notable growths were witnessed in Lithuania and Croatia at 34.82% and 13.1% respectively.
Future trends to watch:
- Italy's recovery from its recent decline to maintain its leading position.
- Increased focus on innovation and technology-driven production in Germany.
- Potential growth in emerging markets like Lithuania and Croatia.
- The impact of economic shifts and trade policies on overall production in Europe.
Top countries in Sold Production of Moulds for Metal or Metal Carbides Share by Country (Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 45.88 | 2023 | -2.18% | -9.4% | View data |
2 | 2 Germany | 39.1 | 2023 | +6.6% | +0.94% | View data |
3 | 3 Spain | 7.32 | 2023 | +3.56% | -2.31% | View data |
4 | 4 United Kingdom | 2.34 | 2023 | -6.12% | -8.26% | View data |
5 | 5 Czechia | 2.33 | 2023 | |||
6 | 6 France | 2.28 | 2023 | +3.49% | -3.41% | View data |
7 | 7 Poland | 1.13 | 2023 | +3.88% | +4.68% | View data |
8 | 8 Portugal | 0.93 | 2023 | -1.41% | -1.23% | View data |
9 | 9 Hungary | 0.84 | 2023 | -2.83% | -6.85% | View data |
10 | 10 Lithuania | 0.26 | 2023 | +3.45% | +34.82% | View data |