The European sold production of iron or steel towers and lattice masts in 2023 saw Poland leading the market at 20.02%, followed closely by Germany at 18.31%. Spain showed a strong growth rate with an increase of 6.26% from the previous year, contrasted by Italy, which contracted by 1.92%. Denmark and Greece experienced significant growth, highlighted by a 14.2% and 9.52% increase respectively, while smaller markets like Estonia surged with a 159.83% rise. Meanwhile, the United Kingdom saw a decline of 6.53%, highlighting regional variations in market performance.
Future trends to watch include:
- Potential market expansion in Central and Eastern Europe, as evidenced by Estonia's dramatic increase in 2023.
- Shifts in industry investments and sustainability practices influencing production efficiencies.
- Technological advancements in manufacturing potentially altering competitive dynamics among leading countries like Poland and Germany.
- Regulatory pressures and supply chain disruptions potentially impacting production costs.
- Continued globalization may provide both opportunities and challenges for European producers.
Top countries in Sold Production of Iron or Steel Towers and Lattice Masts Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 20.02 | 2023 | +2.61% | +2.35% | View data |
| 2 | 2 Germany | 18.31 | 2023 | +7.95% | +2.34% | View data |
| 3 | 3 Spain | 13.41 | 2023 | +3.56% | +6.26% | View data |
| 4 | 4 France | 11.35 | 2023 | +1.02% | +4.19% | View data |
| 5 | 5 Italy | 10.96 | 2023 | +1.55% | -1.92% | View data |
| 6 | 6 Portugal | 4.83 | 2023 | +2.08% | +2.35% | View data |
| 7 | 7 Denmark | 3.44 | 2023 | -0.48% | +14.2% | View data |
| 8 | 8 Netherlands | 2.91 | 2023 | +6.32% | +4.13% | View data |
| 9 | 9 Hungary | 2.83 | 2023 | +3.21% | -3.54% | View data |
| 10 | 10 Czechia | 2.81 | 2023 |
