In 2023, Germany leads European production with a value of 1.1989 billion Euros, followed by the Netherlands and France. Germany's production experienced a modest increase of 2.37% compared to the previous year. Other significant increases were observed in Poland with an 11.37% rise and Serbia with a remarkable 10.41%. Meanwhile, Italy saw a steep decline of -15.21%. The UK, Denmark, and Spain showed moderate growth, whereas countries like Belgium and Finland faced declines.
Future trends to watch include technological advancements that could drive efficiency and productivity in European elevator and conveyor production. Another key trend will be the emphasis on sustainability, potentially raising demand for eco-friendly materials and processes. European integration and potential alterations in trade policies post-Brexit also warrant close monitoring as they could impact production and distribution channels.
Top countries in Sold Production of Belt Type Continuous-Action Elevators and Conveyors for Goods or Materials by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,198,900,000 | 2023 | +6.06% | +2.37% | View data |
| 2 | 2 Netherlands | 299,550,000 | 2023 | +4.92% | +1.21% | View data |
| 3 | 3 France | 266,650,000 | 2023 | +10.65% | +6.44% | View data |
| 4 | 4 United Kingdom | 238,190,000 | 2023 | +1.98% | +1.96% | View data |
| 5 | 5 Denmark | 235,830,000 | 2023 | +2.44% | +4.62% | View data |
| 6 | 6 Spain | 204,970,000 | 2023 | +1.18% | +5.45% | View data |
| 7 | 7 Italy | 167,780,000 | 2023 | -0.24% | -15.21% | View data |
| 8 | 8 Poland | 98,259,000 | 2023 | +4.38% | +11.37% | View data |
| 9 | 9 Sweden | 55,911,000 | 2023 | +5.19% | -1.25% | View data |
| 10 | 10 Belgium | 42,988,000 | 2023 | +1.16% | -5.33% | View data |
