The European sold production of non-ferrous metal shows a concentration with Bulgaria and Finland leading, collectively accounting for a significant portion of the market. Despite that, Bulgaria saw a minor decline, while Finland experienced a sharper 7.99% drop year-on-year in 2023. Sweden and Spain maintained stable production levels. Notably, Romania is on an upward trend with a 4.92% increase. Conversely, countries like Macedonia and Serbia showed significant declines, losing over 30% of their production share. Other countries such as Italy, Poland, and France also saw reductions albeit at varying degrees, with Poland experiencing a 38.9% decline.
Future trends to watch include the potential for further consolidation among European countries, with smaller nations like Bosnia and Herzegovina showing gradual growth. Monitoring technological advances and regulatory changes in eco-friendly production could impact the market landscape significantly. There are opportunities for recovery in declining markets if they adopt innovative production methods and increase competitiveness in the global market.
Top countries in Sold Production of Non-Ferrous Metal Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 44.74 | 2023 | +1.35% | -1.33% | View data |
| 2 | 2 Finland | 39.21 | 2023 | +4.47% | -7.99% | View data |
| 3 | 3 Sweden | 14.59 | 2023 | +3.24% | View data | |
| 4 | 4 Spain | 6.56 | 2023 | +3.16% | View data | |
| 5 | 5 Romania | 4.44 | 2023 | +5.79% | +4.92% | View data |
| 6 | 6 Greece | 4.05 | 2023 | +8.4% | -2.67% | View data |
| 7 | 7 Bosnia and Herzegovina | 1.9 | 2023 | +1.31% | +1.49% | View data |
| 8 | 8 Montenegro | 1.7 | 2023 | +4.64% | -0.25% | View data |
| 9 | 9 Macedonia | 1.06 | 2023 | -21.4% | -33.39% | View data |
| 10 | 10 Serbia | 0.62 | 2023 | -34.58% | -31.13% | View data |
