In 2023, Germany led the European sold production of multi-station transfer machines for working metal with a value of 1.1764 billion Euros, contributing significantly compared to Italy's 0.41192 billion Euros and France's 0.02526 billion Euros. Germany showed a year-on-year increase of 1.79%, while Italy and France experienced declines of 3.48% and 5.57% respectively. Denmark saw the sharpest decrease at 25.38%. Over the last five years, growth has been volatile, impacting the compound annual growth rate for countries variably.
Looking forward, watch for:
- Technological advancements enhancing machine efficiency.
- Increasing demand from the automotive and aerospace sectors.
- Potential impacts from regulatory changes and supply chain dynamics.
- Reshoring trends could boost production in countries like Germany.
Top countries in Sold Production of Multi-Station Transfer Machines for Working Metal by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,176,400,000 | 2023 | +5.83% | +1.79% | View data |
| 2 | 2 Italy | 411,920,000 | 2023 | +4.23% | -3.48% | View data |
| 3 | 3 France | 25,260,000 | 2023 | -9.95% | -5.57% | View data |
| 4 | 4 Portugal | 4,264,000 | 2021 | +50.54% | View data | |
| 5 | 5 Denmark | 2,863,200 | 2023 | +3.45% | -25.38% | View data |
