The European Electrical Equipment and Electronics Production Index indicates significant growth in Hungary, Latvia, and Poland, with Hungary leading the pack. Smaller advancements are noted in countries like Austria, Greece, and the Netherlands, while countries like Belgium, France, and Switzerland faced declines or stagnation. Over the past five years, the sector has been marked by fluctuating trends, with several countries experiencing significant variability. The overall average growth (CAGR) provides insight into national performance variations.
In the future, technological advancements, supply chain adjustments, and sustainability practices may significantly influence further industry growth. Watch for digitalization trends, such as increased automation and smart manufacturing technologies, shaping European production capabilities.
Top countries in Electrical Equipment and Electronics Production Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 323.6 | 2022 | +39.78% | +23.82% | View data |
| 2 | 2 Latvia | 224.2 | 2022 | +8.57% | +11.67% | View data |
| 3 | 3 Poland | 209.7 | 2022 | +7.76% | +14.17% | View data |
| 4 | 4 Macedonia | 177.9 | 2022 | +3.67% | +6.87% | View data |
| 5 | 5 Bulgaria | 163.9 | 2022 | +10.22% | +9.29% | View data |
| 6 | 6 Romania | 158.2 | 2022 | -5.38% | +4.79% | View data |
| 7 | 7 Lithuania | 141.2 | 2022 | -1.12% | +2.43% | View data |
| 8 | 8 Greece | 141 | 2022 | +15.76% | +6.44% | View data |
| 9 | 9 Austria | 138.8 | 2022 | +7.1% | +3.83% | View data |
| 10 | 10 Czech Republic | 135.3 | 2022 | +6.87% | +4.06% | View data |