In 2023, Germany remained the leader in the European output of fabricated metal products at €149.05 billion, showing a modest year-on-year growth of 1.06%. France followed with €54.14 billion, increasing by 0.19%. The Netherlands, Austria, and Finland showed significant growth, with year-on-year variations of 1.82%, 1.77%, and 1.44% respectively. Smaller countries like Estonia and Croatia also experienced notable growth rates of 2.93% and 1.96%. Conversely, Greece was the only country with a negative growth rate of -2.61%. On average, the sector across these countries saw a compound annual growth rate (CAGR) reflecting consistent, if moderate, increases over the past five years.
Looking ahead, several factors might influence the future trends of fabricated metal products output in Europe:
- Increasing automation and adoption of advanced manufacturing technologies.
- Shifts in geopolitical climates that could impact supply chains and trade policies.
- Growing emphasis on sustainability and eco-friendly production processes.
- Potential investment in infrastructure and construction projects contributing to higher demand.
Top countries in Output of Fabricated Metal Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 149,050 | 2023 | +1.65% | +1.06% | View data |
| 2 | 2 France | 54,140 | 2023 | +3.12% | +0.19% | View data |
| 3 | 3 Netherlands | 23,590 | 2023 | +1.53% | +1.82% | View data |
| 4 | 4 Austria | 18,640 | 2023 | +2.46% | +1.77% | View data |
| 5 | 5 Finland | 8,480 | 2023 | +1.84% | +1.44% | View data |
| 6 | 6 Slovenia | 3,560 | 2023 | +1.64% | +1.41% | View data |
| 7 | 7 Greece | 2,430 | 2023 | -2.75% | -2.61% | View data |
| 8 | 8 Croatia | 1,990 | 2023 | +2.82% | +1.96% | View data |
| 9 | 9 Estonia | 1,590 | 2023 | +3.43% | +2.93% | View data |
| 10 | 10 Cyprus | 347.25 | 2023 | -0.86% | +1.42% | View data |
