Germany leads Europe's precious and non-ferrous metals production with a value of 38.92 billion euros, despite a slight decline in 2023. Italy and Spain follow, with Italy managing a marginal increase, while Spain saw a decrease. Belgium, Norway, France, and the UK faced declines, while countries like Bulgaria, Greece, and Poland exhibited notable positive growth, sparking interest in their markets. Serbia marked the highest growth rate. Notably, Croatia experienced the most substantial drop. Overall, the sector demonstrated fluctuations due to economic pressures and market adjustments.
Future trends to watch include increased investments in green technology and research enhancing sustainable metal production, potential impacts of geopolitical shifts on supply chains, and advancements in automation and innovation shaping production efficiencies and competitiveness across Europe. Focus on countries with emerging growth can offer strategic advantages.
Top countries in Precious Metals and Non-Ferrous Metals Manufacturing Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38,920 | 2023 | +1.64% | -0.65% | View data |
| 2 | 2 Italy | 16,100 | 2023 | +1.67% | +0.16% | View data |
| 3 | 3 Spain | 10,570 | 2023 | +0.66% | -0.73% | View data |
| 4 | 4 Belgium | 9,760 | 2023 | +1.44% | -0.1% | View data |
| 5 | 5 Norway | 6,590 | 2023 | +8.54% | -0.74% | View data |
| 6 | 6 France | 6,390 | 2023 | -0.044% | -3.42% | View data |
| 7 | 7 United Kingdom | 5,960 | 2023 | -1.94% | -2.03% | View data |
| 8 | 8 Austria | 5,220 | 2023 | +1.65% | +0.51% | View data |
| 9 | 9 Bulgaria | 4,600 | 2023 | +3.3% | +2.52% | View data |
| 10 | 10 Sweden | 4,430 | 2023 | -0.032% | -1.72% | View data |
