The European Fabricated Metal Products Production Index indicates a varied performance across countries. In 2023, Lithuania, Poland, and Latvia were the top performers. Lithuania recorded the highest growth due to a robust industrial base and strong export demand, followed closely by Poland and Latvia. Bulgaria and Hungary showed modest growth, while Western European countries like Germany, France, and Italy experienced slight declines, reflecting economic stabilizations. Countries like Macedonia faced significant downturns reflecting potential economic or industry-specific challenges.
Future trends to watch include:
- Sustainable manufacturing processes are expected to grow, influencing production dynamics.
- Geopolitical changes may alter trade flows impacting production.
- Automation and digitalization could enhance productivity.
- Regional economic recovery plans may impact future index values.
Top countries in Fabricated Metal Products (Except Machinery and Equipment) Production Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 276.7 | 2022 | +12.71% | +11.22% | View data |
| 2 | 2 Poland | 198.9 | 2022 | +17.21% | +10.47% | View data |
| 3 | 3 Latvia | 157.7 | 2022 | +0.32% | +4.84% | View data |
| 4 | 4 Bulgaria | 150 | 2022 | +22.15% | +2.02% | View data |
| 5 | 5 Hungary | 142.5 | 2022 | +3.19% | +4.06% | View data |
| 6 | 6 Austria | 137.8 | 2022 | +6.33% | +4.55% | View data |
| 7 | 7 Greece | 135.5 | 2022 | -3.01% | +3.5% | View data |
| 8 | 8 Finland | 130.6 | 2022 | +8.74% | +3.07% | View data |
| 9 | 9 Czech Republic | 115.9 | 2022 | -2.19% | +0.37% | View data |
| 10 | 10 Spain | 109.5 | 2022 | +2.34% | +0.41% | View data |
