In 2023, Germany dominated the European metal manufacturing sector with a turnover share of 38.09 million euros, despite a slight decline of 0.16% year-over-year. Italy and France followed, with respective shares of 15.6 and 14.63 million euros, each experiencing reductions in turnover. Noteworthy growth came from Lithuania (8.22%) and Macedonia (14.09%), while Serbia (-13.95%) and Slovenia (-14.63%) saw significant contractions. Over five years, a CAGR analysis shows consistent performance in major markets, with emerging markets revealing sporadic growth patterns.
Future trends indicate increased digitalization and automation, potentially enhancing efficiency and reducing production costs. Watch for sustainable practices influencing turnover share, as green manufacturing becomes more prioritized across Europe.
Top countries in Metal Manufacturing Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38.09 | 2023 | +4.66% | -0.16% | View data |
| 2 | 2 Italy | 15.6 | 2023 | +1.6% | -2.2% | View data |
| 3 | 3 France | 14.63 | 2023 | +0.65% | -1.11% | View data |
| 4 | 4 Spain | 12.83 | 2023 | +6.36% | +1.01% | View data |
| 5 | 5 United Kingdom | 4.15 | 2023 | -0.21% | -0.41% | View data |
| 6 | 6 Austria | 3.35 | 2023 | +6.19% | +1.45% | View data |
| 7 | 7 Netherlands | 2.68 | 2023 | -0.73% | -1.62% | View data |
| 8 | 8 Poland | 1.86 | 2023 | +5.71% | +1.25% | View data |
| 9 | 9 Czech Republic | 1.19 | 2023 | +5% | +1.55% | View data |
| 10 | 10 Switzerland | 1.03 | 2023 | -1.51% | -2.4% | View data |
