In 2023, Germany led Europe's computer, electronic, and optical product turnover with 92.25 billion euros, followed by Switzerland and the Netherlands. Year-on-year change revealed robust growth in the Netherlands at 6.24% and Poland at 3.35%, while Italy and Sweden experienced notable declines. The 2023 variation highlights Germany's stable yet declining trend, whereas France and Spain saw minor improvements. Interestingly, Lithuania showed significant upward dynamics, marked by a 13.44% increase.
Looking forward into 2024, expect heightened innovation driving turnover, boosted by digital transformations and sustainability focuses. Monitoring political developments and supply chain evolutions will be crucial to forecasting industry shifts across Europe.
Top countries in Computer, Electronic and Optical Products Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 92,250 | 2023 | -1.33% | -1.14% | View data |
| 2 | 2 Switzerland | 58,470 | 2023 | +2.29% | +2.5% | View data |
| 3 | 3 Netherlands | 53,400 | 2023 | +8.97% | +6.24% | View data |
| 4 | 4 France | 35,020 | 2023 | +3.16% | +0.63% | View data |
| 5 | 5 United Kingdom | 23,920 | 2023 | -0.52% | -1.09% | View data |
| 6 | 6 Italy | 14,810 | 2023 | -4.48% | -4.47% | View data |
| 7 | 7 Czech Republic | 14,250 | 2023 | +2.19% | -0.44% | View data |
| 8 | 8 Finland | 13,160 | 2023 | -5.44% | -2.41% | View data |
| 9 | 9 Hungary | 13,030 | 2023 | -3.19% | -0.64% | View data |
| 10 | 10 Poland | 12,600 | 2023 | +2.57% | +3.35% | View data |
