In 2023, Germany leads in Europe's textile machinery production, holding 48.43% despite a slight decline of 1.85% from the previous year. Italy follows closely with 36.04%, experiencing a small decrease of 1.8%. Spain, maintaining 4.06%, showed a marginal growth of 0.52%. France faced a steep decline of 14.23%, consolidating at 3.37%. Czechia, Denmark, and others cover smaller shares, with Denmark and Austria showing notable increases of 1.47% and 10.12% respectively. The UK marked the steepest decline of 18.06%, dropping to 0.32%.
Future trends to watch:
- An emphasis on sustainable and efficient machinery could shift production shares, benefiting eco-innovative countries.
- Pandemic recovery and digitalization in production might influence the shares, potentially boosting countries adapting faster to Industry 4.0 technologies.
- Evolving trade agreements and geopolitical changes could reshape the landscape for machinery production across Europe.
Top countries in Sold Production of Machinery for Textile, Apparel and Leather Production Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48.43 | 2023 | +4.09% | -1.85% | View data |
| 2 | 2 Italy | 36.04 | 2023 | +9.24% | -1.8% | View data |
| 3 | 3 Spain | 4.06 | 2023 | +7.01% | +0.52% | View data |
| 4 | 4 France | 3.37 | 2023 | +1.47% | -14.23% | View data |
| 5 | 5 Czechia | 2.13 | 2023 | |||
| 6 | 6 Denmark | 1.63 | 2023 | +6.23% | +1.47% | View data |
| 7 | 7 Belgium | 1.51 | 2023 | +5.19% | -1.07% | View data |
| 8 | 8 Portugal | 1.11 | 2023 | +4.47% | -6.51% | View data |
| 9 | 9 Netherlands | 0.72 | 2023 | +14.94% | +8.64% | View data |
| 10 | 10 Poland | 0.48 | 2023 | +5.31% | +0.3% | View data |
