In 2023, Italy led the European sold production of punching and notching metal machines with a share of 36.12%, followed closely by Germany at 35.3%. Spain trailed with 14.92%, while Poland and Denmark contributed 4.79% and 2%, respectively. The United Kingdom and Finland held smaller shares of 1.35% and 1.2%, with Belgium at 0.68%. Year-on-year changes showed Germany rising 9.24% while Italy expanded modestly by 5.3%. Conversely, Spain and Poland experienced declines of 7.8% and 4.77%. Notably, the UK plummeted by 15.56%, while Denmark saw a slight improvement of 2.16%.
Looking ahead, watch for Italy and Germany to continue strong performance, potentially increasing their share through technological advancements and export growth. Spain and Poland may focus on stabilizing their output, while the UK and Finland might seek innovation to regain competitiveness. Danish niche developments may diversify their offerings in the sector.
Top countries in Sold Production of Punching and Notching Metal Machines Share by Country (Units (Items))
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 36.12 | 2023 | +5.98% | +5.3% | View data |
| 2 | 2 Germany | 35.3 | 2023 | +9% | +9.24% | View data |
| 3 | 3 Spain | 14.92 | 2023 | -7.58% | -7.8% | View data |
| 4 | 4 Poland | 4.79 | 2023 | +0.12% | -4.77% | View data |
| 5 | 5 Denmark | 2 | 2023 | +0.93% | +2.16% | View data |
| 6 | 6 United Kingdom | 1.35 | 2023 | -15.96% | -15.56% | View data |
| 7 | 7 Finland | 1.2 | 2023 | +8.81% | -0.38% | View data |
| 8 | 8 Belgium | 0.68 | 2021 | +29.24% | View data |
