In 2023, Germany led the European sold production market for parts of non-electrical machinery and apparatus for soldering, brazing, or welding with a 64.21% share. Czechia and Poland followed with 15.35% and 6.51% respectively. Slovakia experienced significant growth with a 15.06% year-on-year increase, while United Kingdom and Italy saw declines of -20.51% and -34.44% respectively. Over the last five years, growth trends were mainly positive, although some countries like France exhibited more volatility.
Future trends to watch include the increased automation and technological integration across the industry, with potential market growth in Central and Eastern Europe, driven by manufacturing investments and supply chain diversification. Monitoring these trends can provide insights into shifts in European manufacturing landscapes.
Top countries in Sold Production of Parts of Non-Electrical Machinery and Apparatus for Soldering, Brazing or Welding Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 64.21 | 2023 | +4.61% | +0.73% | View data |
| 2 | 2 Czechia | 15.35 | 2023 | |||
| 3 | 3 Poland | 6.51 | 2023 | +3.09% | +2.15% | View data |
| 4 | 4 France | 4.61 | 2023 | -2.92% | -9.4% | View data |
| 5 | 5 Slovakia | 4.27 | 2023 | +2.94% | +15.06% | View data |
| 6 | 6 Hungary | 1.73 | 2023 | -0.3% | +2.64% | View data |
| 7 | 7 United Kingdom | 1.1 | 2023 | -30.2% | -20.51% | View data |
| 8 | 8 Estonia | 0.72 | 2023 | +20.69% | +3.5% | View data |
| 9 | 9 Portugal | 0.49 | 2023 | +6.42% | +5.34% | View data |
| 10 | 10 Italy | 0.16 | 2023 | -74.73% | -34.44% | View data |
