In 2023, Germany dominated the European market for parts and accessories for metal forming machine-tools with a substantial share of 49.31%, while Italy stood at 13%. Growth varied across countries: notable year-on-year increases were seen in Denmark (8.3%), Portugal (6.75%), and Slovenia (6.19%). Conversely, the United Kingdom, France, and Slovakia experienced declines at -0.25%, -6.35%, and -8.56% respectively.
Looking ahead, Germany and Italy's roles remain crucial, but attention should be on emerging markets like Denmark and Slovenia, both showing robust growth. The sector's focus might shift towards accommodating diverse needs and innovations in metal forming processes.
Top countries in Sold Production of Parts and Accessories for Metal Forming Machine-Tools Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 49.31 | 2023 | +8.76% | +0.77% | View data |
| 2 | 2 Italy | 13 | 2023 | +0.19% | +1.41% | View data |
| 3 | 3 Czechia | 6.63 | 2023 | |||
| 4 | 4 Hungary | 6.52 | 2023 | +2.88% | +2.35% | View data |
| 5 | 5 Austria | 6.07 | 2023 | +6.75% | +0.62% | View data |
| 6 | 6 Spain | 4.75 | 2023 | +7.18% | +0.064% | View data |
| 7 | 7 United Kingdom | 2.93 | 2023 | -0.41% | -0.25% | View data |
| 8 | 8 France | 1.81 | 2023 | +3.79% | -6.35% | View data |
| 9 | 9 Denmark | 1.39 | 2023 | +2.94% | +8.3% | View data |
| 10 | 10 Portugal | 1.34 | 2023 | +7.58% | +6.75% | View data |