In 2023, Germany led the European production of turned metal parts for optics and photography, with a dominant share of 42.79 euros. Italy and France followed with 14.98 and 13.56 euros, respectively. A notable increase in production was seen in Finland with a 51.63% surge, while Hungary faced a significant decline of 29.62%. Moderate growth occurred in Germany and France at 4.36% and 3.31%, respectively, while the Netherlands and Spain saw contractions of 4.32% and 1.62%.
Future trends may include shifts in production dynamics due to technological advancements, trade policies, and economic conditions, with potential growth in emerging markets such as Romania and Finland.
Top countries in Sold Production of Turned Metal Parts for Optical, Photographic Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 42.79 | 2023 | +4.9% | +4.36% | View data |
| 2 | 2 Italy | 14.98 | 2023 | +24.01% | +29.04% | View data |
| 3 | 3 France | 13.56 | 2023 | +2.95% | +3.31% | View data |
| 4 | 4 Netherlands | 9.49 | 2023 | +2.47% | -4.32% | View data |
| 5 | 5 United Kingdom | 9.16 | 2023 | +2.61% | +0.78% | View data |
| 6 | 6 Spain | 2.88 | 2023 | -3.42% | -1.62% | View data |
| 7 | 7 Romania | 1.31 | 2023 | +3.43% | +3.35% | View data |
| 8 | 8 Finland | 0.73 | 2023 | +11.79% | +51.63% | View data |
| 9 | 9 Lithuania | 0.5 | 2023 | +5.77% | +6.23% | View data |
| 10 | 10 Austria | 0.44 | 2023 | +5.33% | -7.86% | View data |
