In 2023, Germany led the European market for pressing, stamping or punching tools for working metal with a value of 2.26 billion Euros, followed by Italy and Spain. Noteworthy trends included strong growth in the Netherlands, Slovenia, and Denmark, while Spain, France, and Belgium faced declines. Significant year-on-year growth was observed in Denmark (35.96%) and Portugal (14.65%), signaling robust market advancements potentially due to increased demand or innovation. However, countries like Estonia saw substantial decreases, pointing to possible market challenges or shifts in production dynamics.
Future trends to watch include technological advancements in tool-making processes, sustainability practices affecting production and materials, and potential shifts in demand driven by new industrial needs across Europe. These factors could influence production levels and competitive standings among European countries in coming years.
Top countries in Sold Production of Pressing, Stamping or Punching Tools for Working Metal by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,260,500,000 | 2023 | +6.53% | +0.39% | View data |
| 2 | 2 Italy | 348,350,000 | 2023 | +4% | +1.04% | View data |
| 3 | 3 Spain | 264,640,000 | 2023 | +7.72% | -2.02% | View data |
| 4 | 4 France | 168,750,000 | 2023 | +3.01% | -2.39% | View data |
| 5 | 5 United Kingdom | 162,100,000 | 2023 | -0.7% | -2.13% | View data |
| 6 | 6 Netherlands | 144,360,000 | 2023 | +3.45% | +3.88% | View data |
| 7 | 7 Slovenia | 110,920,000 | 2023 | +3.15% | +3.04% | View data |
| 8 | 8 Austria | 95,481,000 | 2023 | +2.84% | +2.9% | View data |
| 9 | 9 Czechia | 92,247,000 | 2023 | |||
| 10 | 10 Poland | 85,713,000 | 2023 | +1.95% | +3.75% | View data |
