In 2023, Italy led European sold production of table, kitchen, or household articles and parts of iron, steel, copper, or aluminum with a significant share of 43.47%, reflecting a year-on-year growth of 7.06%. France and Germany followed, with shares of 24.01% and 15.77%, respectively, exhibiting modest year-on-year increases. Notably, the United Kingdom experienced a substantial decline of 12.04%. Over five years, the compound average growth rate (CAGR) highlighted Italy as a consistent leader in production, whereas traditional markets like the UK saw declines.
Future trends to watch include:
- The potential for further consolidation among leading markets such as Italy and France.
- Innovations and shifts in material preferences affecting production dynamics.
- Expansion opportunities for smaller markets like Hungary and Croatia, showing positive year-on-year growth.
- The impacts of economic policies and environmental regulations on production and trade.
Top countries in Sold Production of Table, Kitchen or Household Articles and Parts Thereof, of Iron, Steel, Copper or Aluminium Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 43.47 | 2023 | +1.94% | +7.06% | View data |
| 2 | 2 France | 24.01 | 2023 | +6.67% | +1.21% | View data |
| 3 | 3 Germany | 15.77 | 2023 | +1.31% | +2.73% | View data |
| 4 | 4 Spain | 4.03 | 2023 | +3.57% | -0.39% | View data |
| 5 | 5 Portugal | 2.8 | 2023 | +0.96% | +1.18% | View data |
| 6 | 6 Poland | 1.91 | 2023 | +2.07% | +2.43% | View data |
| 7 | 7 Hungary | 1.15 | 2023 | +4.24% | +3.54% | View data |
| 8 | 8 Denmark | 1.01 | 2023 | -0.088% | +3.27% | View data |
| 9 | 9 Czechia | 0.94 | 2023 | |||
| 10 | 10 United Kingdom | 0.93 | 2023 | -17.2% | -12.04% | View data |