In 2023, Greece leads the European Metal Forming Machinery and Machine Tools Production Index with a value of 15.0, followed by Spain at 11.3, and Italy at 10.92. Lithuania, France, and Germany trail with values of 10.71, 9.41, and 8.27 respectively. Over the past year, Greece experienced the highest year-on-year growth at 18.43%, while Lithuania, France, and Germany faced declines. The 5-year CAGR reflects a mixed trend with overall moderate growth in select nations and stagnation or decline in others.
Future trends to watch include automation's rise and shifts in global supply chains, potentially boosting Europe's production efficiency and competitiveness in metal forming machinery and machine tools. Invest in technological advancements and sustainability to harness these opportunities.
Top countries in Metal Forming Machinery and Machine Tools Production Index by Country
| # | 6 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 150 | 2022 | +29.42% | +18.43% | View data |
| 2 | 2 Spain | 113 | 2022 | +8.24% | +0.65% | View data |
| 3 | 3 Italy | 109.2 | 2022 | -1.53% | +0.67% | View data |
| 4 | 4 Lithuania | 107.1 | 2022 | +0.47% | -2.9% | View data |
| 5 | 5 France | 94.1 | 2022 | -0.84% | -7.09% | View data |
| 6 | 6 Germany | 82.7 | 2022 | +1.35% | -4.61% | View data |
