The European Metal Forming Machinery Production Index reveals Greece leading with a notable increase, standing at 14.93 in 2024, surpassing its 2023 mark. Italy follows with a stable growth, hitting 11.01. Spain shows a slight decline at 10.37, while France and Germany experience significant decreases, down to 9.41 and 7.56 respectively. Year-on-year, 2022 saw Greece with an 18.12% uptick, contrasting the declines seen in other countries, with Spain, France, and Germany shrinking by 0.61%, 7.09%, and 6.02% respectively. The 5-year CAGR reflects these trends, highlighting Greece's strong growth trajectory.
Future trends to observe include:
- Technological advancements driving efficiencies and production capabilities across Europe.
- Potential impacts of economic policies and external global trade dynamics on market stability.
- Shifts in demand from emerging economies could influence production priorities and strategic investments.
- Continued emphasis on sustainability and eco-friendly technologies in machinery production.
Top countries in Metal Forming Machinery Production Index by Country
| # | 5 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 149.3 | 2022 | +29.15% | +18.12% | View data |
| 2 | 2 Italy | 110.1 | 2022 | +8.15% | +0.76% | View data |
| 3 | 3 Spain | 103.7 | 2022 | +7.68% | -0.61% | View data |
| 4 | 4 France | 94.1 | 2022 | -0.84% | -7.09% | View data |
| 5 | 5 Germany | 75.6 | 2022 | +2.58% | -6.02% | View data |
