In 2023, Germany led the European sold production of metal forming machinery with 13.95 billion euros, followed by Italy and Spain. Year-on-year data show Austria's significant 13.4% increase, contrasting with Germany's 1.46% and France's 2.69% declines. Countries like the UK and Poland faced major contractions, while Hungary and Portugal showed growth. Belgium, the Netherlands, and Greece saw considerable declines of over 24%. Overall, the industry's growth varied markedly by country.
Future trends to watch include technological advancements and shifts towards automation which may reshape production dynamics across Europe. Monitoring economic conditions and trade policies in these regions will be important for forecasting future production trends.
Top countries in Sold Production of Metal Forming Machinery by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13,950,000,000 | 2023 | +9.5% | -1.46% | View data |
| 2 | 2 Italy | 4,875,000,000 | 2023 | +3.51% | -1.32% | View data |
| 3 | 3 Spain | 984,320,000 | 2023 | +6.9% | -1.13% | View data |
| 4 | 4 Czechia | 770,950,000 | 2023 | |||
| 5 | 5 France | 659,180,000 | 2023 | +8.6% | -2.69% | View data |
| 6 | 6 Austria | 402,600,000 | 2023 | +20.16% | +13.4% | View data |
| 7 | 7 United Kingdom | 251,510,000 | 2023 | -4.18% | -12.22% | View data |
| 8 | 8 Poland | 162,680,000 | 2023 | +0.45% | -9.45% | View data |
| 9 | 9 Finland | 149,230,000 | 2023 | +7.81% | -1.98% | View data |
| 10 | 10 Hungary | 141,000,000 | 2023 | +2.44% | +1.94% | View data |
