In 2023, Germany led European Gross Fixed Capital Formation in waste management machinery and equipment manufacturing, with €12.5 million, followed by Austria at €1.5 million. Ireland, Latvia, and Spain trailed with €0.5 million and €0.1 million respectively. Year-on-year growth showed minimal increases, with Germany at 2.97% and Austria at 1.39%; other countries recorded no growth. Over the past five years, the Compound Annual Growth Rate (CAGR) suggests a slow upward trend, driven largely by Germany and Austria.
Future trends to watch include technological advancements and policy incentives in sustainability and waste management, which may stimulate further investment and variation among European countries in capital formation within this niche sector.
Top countries in Gross Fixed Capital Formation and Acquisition Less Disposals of Non-Produced Non-Financial Assets in Waste Management in Manufacture of Machinery and Equipment by the Business Sector by Country
| # | 5 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 12.5 | 2023 | +3.31% | +2.97% | View data |
| 2 | 2 Austria | 1.5 | 2023 | +7.14% | +1.39% | View data |
| 3 | 3 Ireland | 0.5 | 2023 | 0% | 0% | View data |
| 4 | 4 Latvia | 0.1 | 2023 | 0% | 0% | View data |
| 5 | 5 Spain | 0.1 | 2023 | 0% | 0% | View data |
