In 2023, Italy led European sold production of flywheels and pulleys with a 31.19% share, despite a 7.47% decline from the previous year. Germany, at 25.83%, and Slovakia, at 20.54%, followed, each showing modest growth. The UK observed a notable increase of 4.57%, reaching 9.32%. France, Denmark, and Spain exhibited declines, with France at 8.56%, and Spain at 0.51%. Estonia experienced significant growth but from a small base.
Future trends to watch include Italy’s potential recovery from its downward trajectory and Germany and Slovakia's steady growth. The rise in technological advancement could influence overall production dynamics.
Top countries in Sold Production of Flywheels and Pulleys Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 31.19 | 2023 | +6.78% | -7.47% | View data |
| 2 | 2 Germany | 25.83 | 2023 | +3.73% | +0.37% | View data |
| 3 | 3 Slovakia | 20.54 | 2023 | +2.07% | +0.87% | View data |
| 4 | 4 United Kingdom | 9.32 | 2023 | +4.15% | +4.57% | View data |
| 5 | 5 France | 8.56 | 2023 | +2.15% | -2.89% | View data |
| 6 | 6 Denmark | 4.53 | 2023 | +0.48% | -0.57% | View data |
| 7 | 7 Spain | 0.51 | 2023 | +1.94% | -3.62% | View data |
| 8 | 8 Croatia | 0.076 | 2023 | +7.47% | View data | |
| 9 | 9 Finland | 0.008 | 2021 | +52.45% | View data | |
| 10 | 10 Estonia | 0.003 | 2023 | +17.35% | +12.15% | View data |
