Italy leads the European Floating Structures Building and Shipbuilding market with a value share of 19.84 million Euros, followed by Germany and France at 17.37 million Euros and 16.45 million Euros, respectively. The United Kingdom and Norway are also significant players with values of 13.73 million Euros and 12.06 million Euros. Smaller markets like Portugal and Lithuania show impressive growth rates, 10.67% and 12.18% year-on-year respectively, although their absolute values remain modest.
Year-on-year variations indicate strong growth in Finland (8.35%), Spain (7.06%), and Denmark (4.03%), while Norway (-1.57%), Poland (-0.37%), and Romania (-1.63%) witnessed declines. Notably, emerging markets like Serbia and Slovenia show substantial growth rates of 14.79% and 14.87%, signaling potential future competitiveness. Conversely, Greece and Latvia experienced significant downturns, demonstrating the volatility in smaller markets.
Looking ahead, stakeholders should watch for continued growth in countries with historically strong shipbuilding and floating structure industries such as Italy and Germany. Expansion in Eastern European countries like Serbia and Slovenia points toward shifts in regional industrial capabilities. In addition, attention should be paid to sustainability trends and technological advances driving the sector, possibly offering new growth opportunities or threats depending on the pace of adoption.
Top countries in Floating Structures Building and Shipbuilding Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 19.84 | 2023 | +2.91% | +3.44% | View data |
| 2 | 2 Germany | 17.37 | 2023 | +2.52% | +4.28% | View data |
| 3 | 3 France | 16.45 | 2023 | +3.53% | +6.7% | View data |
| 4 | 4 United Kingdom | 13.73 | 2023 | +2.07% | +2.68% | View data |
| 5 | 5 Norway | 12.06 | 2023 | -4.87% | -1.57% | View data |
| 6 | 6 Spain | 7.31 | 2023 | +9.54% | +7.06% | View data |
| 7 | 7 Finland | 5.12 | 2023 | +4.2% | +8.35% | View data |
| 8 | 8 Poland | 1.76 | 2023 | -4.2% | -0.37% | View data |
| 9 | 9 Romania | 1.66 | 2023 | -0.1% | -1.63% | View data |
| 10 | 10 Denmark | 1.1 | 2023 | +1.81% | +4.03% | View data |