The European Manufacturing Production Index data indicates significant growth in countries like Lithuania, Poland, and Denmark, with respective values of 15.51, 15.4, and 14.34. Lithuania and Poland reported the highest year-on-year increases in 2022, at 7.0% and 6.61%. Across the region, growth remained limited, with notable declines in Germany and Luxembourg, shrinking by 1.39% and 1.46%. The past five years show the robust competitiveness of Central and Eastern European countries in manufacturing, contrasting with tepid progress in traditional European manufacturing powerhouses.
Future trends to watch include:
- The ongoing shift of manufacturing strength from Western to Eastern Europe, as seen through consistent regional growth.
- The impact of evolving policies related to sustainable manufacturing and digital transformation, which could alter the competitive landscape.
- Geo-political influences and regional stability in shaping production strategies and foreign investments.
- Technological advancements improving productivity, potentially boosting Europe's global manufacturing share.
Top countries in Manufacturing Production Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 155.1 | 2022 | +7.93% | +7% | View data |
| 2 | 2 Poland | 154 | 2022 | +10.32% | +6.61% | View data |
| 3 | 3 Denmark | 143.4 | 2022 | +16.3% | +5.78% | View data |
| 4 | 4 Slovenia | 140.7 | 2022 | +3.91% | +3.85% | View data |
| 5 | 5 Cyprus | 139.6 | 2022 | +1.23% | +2.83% | View data |
| 6 | 6 Switzerland | 135.9 | 2022 | +7.43% | +4.9% | View data |
| 7 | 7 Bulgaria | 131.6 | 2022 | +12.86% | +3.73% | View data |
| 8 | 8 Latvia | 131 | 2022 | +2.66% | +2.8% | View data |
| 9 | 9 Estonia | 129.5 | 2022 | -2.7% | +3.99% | View data |
| 10 | 10 Hungary | 126.5 | 2022 | +6.12% | +3.58% | View data |