In 2023, Germany led the European production of hydrometers, thermometers, pyrometers, barometers, hygrometers, and psychrometers, valued at 411.14 million euros, despite a slight decline. Finland, Italy, and Belgium showed strong growth, with Finland experiencing a 13.2% increase. The UK and the Netherlands faced significant declines, each down by 7.84%. Emerging from smaller bases, East European nations like Poland showed moderate growth, while Bulgaria fell drastically by 61.27%. Western European producers such as France and Denmark also experienced decreases in production. Overall, production trends varied significantly across the region.
Looking forward, there are significant trends to monitor. Technological advancements and sustainable production will likely shape future outputs. Countries investing in innovation and climate-friendly processes are expected to see growth. However, economic uncertainties and regulatory changes may impact the sector's stability in Europe over the coming years.
Top countries in Sold Production of Hydrometers, Thermometers, Pyrometers, Barometers, Hygrometers and Psychrometers by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 411,140,000 | 2023 | +0.85% | -0.81% | View data |
| 2 | 2 Finland | 184,490,000 | 2023 | +6.63% | +13.2% | View data |
| 3 | 3 Italy | 114,750,000 | 2023 | +1.71% | +6.37% | View data |
| 4 | 4 United Kingdom | 75,716,000 | 2023 | -1.89% | -7.84% | View data |
| 5 | 5 Belgium | 67,449,000 | 2023 | +13.51% | +9.41% | View data |
| 6 | 6 Estonia | 53,338,000 | 2023 | +3.69% | +6.22% | View data |
| 7 | 7 France | 39,461,000 | 2023 | -3.66% | -6.66% | View data |
| 8 | 8 Denmark | 25,892,000 | 2023 | +17.25% | -4.77% | View data |
| 9 | 9 Poland | 16,381,000 | 2023 | +5.66% | +2.69% | View data |
| 10 | 10 Netherlands | 16,278,000 | 2023 | +25.01% | -7.84% | View data |
