In 2023, Germany led the European sold production of knives with fixed blades of base metal, commanding 29.94% of the market. Spain emerged as a strong contender with 27.41%, showcasing a healthy 5.92% growth from the previous year. Portugal and France experienced declines of 7.66% and 5.55%, respectively. Notably, the United Kingdom saw a significant increase of 25.21%. Smaller markets like Estonia experienced an impressive 59.37% growth, albeit from a low base.
Future trends to watch in European knife production include the potential for further growth in the UK as it capitalizes on its recent increase. Monitoring Germany's response to its market share decline and Spain's strategy to sustain its growth will be crucial. Additionally, exploring expansions in niche markets like Estonia presents unique opportunities.
Top countries in Sold Production of Knives with Fixed Blades of Base Metal Including Pruning Knives Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.94 | 2023 | -3.23% | -3.24% | View data |
| 2 | 2 Spain | 27.41 | 2023 | +2.04% | +5.92% | View data |
| 3 | 3 Portugal | 19.82 | 2023 | +0.41% | -7.66% | View data |
| 4 | 4 France | 12.93 | 2023 | -2.27% | -5.55% | View data |
| 5 | 5 United Kingdom | 7.91 | 2023 | +1.97% | +25.21% | View data |
| 6 | 6 Finland | 1.43 | 2023 | +0.95% | +2.26% | View data |
| 7 | 7 Slovenia | 0.7 | 2023 | +6.81% | +0.95% | View data |
| 8 | 8 Italy | 0.64 | 2021 | -68.41% | -20.49% | View data |
| 9 | 9 Denmark | 0.003 | 2021 | +275.94% | -17.02% | View data |
| 10 | 10 Estonia | 0.001 | 2023 | +3.79% | +59.37% | View data |