In 2023, Germany led European electronic components production with a 51.94% share, followed by the UK at 25.46% and Italy at 18.71%. France, Austria, and Spain contributed smaller shares at 13.8%, 6.33%, and 0.82%, respectively. Notable year-on-year increases were seen in Finland and Portugal, with significant growth rates of 85.42% and 108.12%. Conversely, Norway and Bulgaria saw declines of 45.23% and 18.5%. Over the last five years, Germany, the UK, and Austria displayed consistent growth, a key trend supported by the 2023 data.
Future trends to watch for include:
- Continued growth in Germany and the UK, driven by technological advancements and increasing demand.
- Potential rises in Eastern European countries, like Romania and Slovakia, as they strengthen their manufacturing capabilities.
- Monitoring Finland and Portugal for sustained gains following their sharp growth spurts.
- The impact of economic policies and global supply chain shifts on smaller market players like Norway and Bulgaria.
Top countries in Sold Production of Electronic Components Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 51.94 | 2023 | +0.8% | +5.41% | View data |
| 2 | 2 United Kingdom | 25.46 | 2023 | +4.13% | +6.76% | View data |
| 3 | 3 Italy | 18.71 | 2023 | +2.99% | +2.17% | View data |
| 4 | 4 France | 13.8 | 2023 | +1.81% | +2.01% | View data |
| 5 | 5 Austria | 6.33 | 2023 | +8.02% | +7.87% | View data |
| 6 | 6 Spain | 0.82 | 2023 | +11.77% | +4.26% | View data |
| 7 | 7 Hungary | 0.38 | 2023 | -24.44% | -17.81% | View data |
| 8 | 8 Romania | 0.33 | 2023 | +5.06% | +5.63% | View data |
| 9 | 9 Slovakia | 0.26 | 2023 | +5.33% | +3.95% | View data |
| 10 | 10 Slovenia | 0.22 | 2023 | +5.54% | +4.91% | View data |
