In 2023, Germany led the European sold production of electronic components with €10.613 billion, followed by Italy (€3.1243 billion) and France (€2.3505 billion). Germany and Italy exhibited moderate growth rates of 2.51% and 2.54%, respectively. France, however, saw a significant decline of 9.84%. The United Kingdom also faced a slight decrease of 0.76%. Notably, Romania and Croatia experienced strong growth rates of 6.0% and 5.64%, respectively. Meanwhile, Portugal and Sweden saw remarkable increases of 43.4% and 43.18%, respectively. Poland and Estonia experienced the largest declines, with Poland dropping by 21.07% and Estonia by 10.9%.
Future trends to watch for in the European sold production of electronic components include the technological advancements in Germany and Italy, potentially sustaining their growth. Countries like Portugal and Sweden may continue their upward trajectories due to newly emerging industries and investments. Conversely, France and other countries with significant declines may need to innovate or restructure to regain competitiveness. Overall, the sector's dynamics indicate a blend of growth opportunities and challenges across the continent.
Top countries in Sold Production of Electronic Components by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 10,613,000,000 | 2023 | +2.3% | +2.51% | View data |
| 2 | 2 Italy | 3,124,300,000 | 2023 | +2.89% | +2.54% | View data |
| 3 | 3 France | 2,350,500,000 | 2023 | +0.54% | -9.84% | View data |
| 4 | 4 United Kingdom | 1,245,800,000 | 2023 | +0.76% | -0.76% | View data |
| 5 | 5 Austria | 951,760,000 | 2023 | +0.0093% | +0.11% | View data |
| 6 | 6 Romania | 854,900,000 | 2023 | +4.98% | +6% | View data |
| 7 | 7 Hungary | 552,310,000 | 2023 | +3.61% | +2.62% | View data |
| 8 | 8 Spain | 521,630,000 | 2023 | +4.29% | +2.88% | View data |
| 9 | 9 Netherlands | 359,530,000 | 2023 | +1.81% | -5.76% | View data |
| 10 | 10 Czechia | 147,390,000 | 2023 |
