In 2023, Germany dominated the European precious metals and non-ferrous metals manufacturing sector, holding a significant lead with a production value share of €29.87 million. Italy and Spain followed, though Germany's growth experienced a slight contraction of -0.65%. Notably, Bulgaria and Greece showed positive growth trends with 2.52%, while Serbia recorded the highest increase at 11.25%. Conversely, France and the Netherlands saw declines of -3.42% and -2.98%, respectively. Over the last five years, Poland and the Czech Republic have shown consistent growth in this sector.
Future trends to watch include the digital evolution in metal manufacturing processes and potential policy shifts impacting the industry. Sustainable practices and innovations in recycling technologies may influence regional market dynamics, changing the traditional market share distribution among European countries.
Top countries in Precious Metals and Non-Ferrous Metals Manufacturing Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.87 | 2023 | +1.64% | -0.65% | View data |
| 2 | 2 Italy | 12.36 | 2023 | +1.67% | +0.16% | View data |
| 3 | 3 Spain | 8.11 | 2023 | +0.66% | -0.73% | View data |
| 4 | 4 Belgium | 7.49 | 2023 | +1.44% | -0.1% | View data |
| 5 | 5 Norway | 5.06 | 2023 | +8.54% | -0.74% | View data |
| 6 | 6 France | 4.91 | 2023 | -0.044% | -3.42% | View data |
| 7 | 7 United Kingdom | 4.58 | 2023 | -1.94% | -2.03% | View data |
| 8 | 8 Austria | 4.01 | 2023 | +1.65% | +0.51% | View data |
| 9 | 9 Bulgaria | 3.53 | 2023 | +3.3% | +2.52% | View data |
| 10 | 10 Sweden | 3.4 | 2023 | -0.032% | -1.72% | View data |
