Germany remains the leader in European production of basic metals, despite a slight decline of 0.29% in 2023. Italy and Spain both saw modest increases of 0.23%, while France experienced a decrease of 0.76%. Noteworthy growth rates were seen in Austria (1.81%), Netherlands (1.25%), and notably, Ireland (12.38%). Smaller countries like Estonia and Slovenia also experienced significant growth, with Estonia at 4.12% and Slovenia at 3.43%. Luxembourg's production rose by 1.62%, while Greece and Belgium showed declines.
Looking ahead, environmental regulations and technological advancements may impact production volumes and processes in the basic metals sector. Countries with innovative capacities and sustainable practices, like those in Northern Europe, may experience more significant growth. Additionally, geopolitical shifts and economic conditions could alter production dynamics across the continent.
Top countries in Production of Basic Metals by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 106,760 | 2023 | +0.89% | -0.29% | View data |
| 2 | 2 Italy | 65,860 | 2023 | +1.27% | +0.23% | View data |
| 3 | 3 Spain | 34,710 | 2023 | +0.91% | +0.23% | View data |
| 4 | 4 France | 32,660 | 2023 | +0.2% | -0.76% | View data |
| 5 | 5 Belgium | 22,410 | 2023 | +1.04% | -0.23% | View data |
| 6 | 6 Austria | 20,320 | 2023 | +2.15% | +1.81% | View data |
| 7 | 7 Finland | 10,200 | 2023 | +1.38% | +0.89% | View data |
| 8 | 8 Netherlands | 9,890 | 2023 | +1.72% | +1.25% | View data |
| 9 | 9 Greece | 4,190 | 2023 | +0.31% | -0.35% | View data |
| 10 | 10 Luxembourg | 3,700 | 2023 | +2.21% | +1.62% | View data |
