In 2023, the production of locks and hinges in Europe showed notable activities. Czechia led with the highest production at 168.29 million items, followed closely by Germany at 161.51 million. France, with a significant year-on-year increase of 21.03%, and Romania, up by 8.41%, demonstrated dynamic growth. Italy and the United Kingdom also saw increases, by 2.13% and 13.7% respectively, while Poland grew notably by 16.57%. Contrastingly, Austria and Denmark experienced declines. Smaller markets like Estonia and Portugal showed upward trends, with 14.63% and 15.77% growth. Bulgaria and Spain faced minor decreases.
Future trends to watch include the increased automation and digitization in production processes, which could elevate efficiency and output. Sustainability trends may also drive innovation in material use and enhance competitive positioning in these countries. Supply chain disruptions and economic conditions will remain influential factors.
Top countries in Sold Production of Locks and Hinges by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czechia | 168,290,000 | 2023 | |||
| 2 | 2 Germany | 161,510,000 | 2023 | +1.12% | +4.69% | View data |
| 3 | 3 France | 115,190,000 | 2023 | +51.85% | +21.03% | View data |
| 4 | 4 Italy | 109,120,000 | 2023 | +6.73% | +2.13% | View data |
| 5 | 5 United Kingdom | 56,685,000 | 2023 | +4.25% | +13.7% | View data |
| 6 | 6 Spain | 34,850,000 | 2023 | +2.18% | -0.32% | View data |
| 7 | 7 Romania | 22,232,000 | 2023 | +3.71% | +8.41% | View data |
| 8 | 8 Portugal | 16,000,000 | 2023 | +2.03% | +15.77% | View data |
| 9 | 9 Poland | 8,487,800 | 2023 | -0.8% | +16.57% | View data |
| 10 | 10 Denmark | 5,910,200 | 2023 | -2.42% | -4.71% | View data |
