In 2023, Germany led the European sold production of installation services of metal forming machinery with 229.19 million euros, followed by France (56.57 million euros), Slovenia (26.68 million euros), and Czechia (23.32 million euros). Notable year-on-year growth rates in 2023 were Slovenia (35.19%), Estonia (43.23%), and Bulgaria (18.04%). Conversely, Spain saw a decline of 3.09%. Over the last two years, countries like Slovenia and Estonia showed robust increases, while growth remains consistent overall in larger markets like Germany and France.
Future trends to watch include increased growth in Eastern European countries as investment continues, potential impacts of technological advancements, and a shift towards more sustainable and energy-efficient machinery, which could influence market dynamics and regional production value distribution.
Top countries in Sold Production of Installation Services of Metal Forming Machinery by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 229,190,000 | 2023 | +6.81% | +2.1% | View data |
| 2 | 2 France | 56,572,000 | 2023 | +3.21% | +6.37% | View data |
| 3 | 3 Slovenia | 26,684,000 | 2023 | +6.67% | +35.19% | View data |
| 4 | 4 Czechia | 23,324,000 | 2023 | |||
| 5 | 5 Spain | 22,055,000 | 2023 | +12.55% | -3.09% | View data |
| 6 | 6 Italy | 20,751,000 | 2021 | -21.44% | +12.33% | View data |
| 7 | 7 Poland | 10,777,000 | 2023 | +2.98% | +0.83% | View data |
| 8 | 8 Austria | 10,105,000 | 2023 | +18.73% | +6.95% | View data |
| 9 | 9 Finland | 3,085,400 | 2023 | +7.53% | +9.24% | View data |
| 10 | 10 Romania | 1,837,400 | 2023 | +2.7% | +4.48% | View data |
