In 2023, Italy led the European sold production of weapons and ammunitions with a volume of 41.367 million kilograms, showing an 8.52% year-on-year increase. Spain followed with 28.606 million kilograms, growing by 8.1%. The United Kingdom and France also posted growth, at 5.77% and 12.22% respectively, with France at 8.2466 million kilograms. Serbia and Greece experienced contractions, with reductions of 0.44% and 14.92% respectively, while Croatia's slight decrease of 1.43% places it at the smallest production volume of 0.13319 million kilograms.
Future trends to watch include:
- The potential impact of geopolitical tensions on demand.
- Evolving defense policies in Europe impacting production scales.
- Technological advancements possibly reshaping production methods and capacities.
- Environmental policies influencing sustainable production practices.
Top countries in Sold Production of Weapons and Ammunitions by Country
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 41,367,000 | 2023 | -0.8% | +8.52% | View data |
| 2 | 2 Spain | 28,606,000 | 2023 | +8.98% | +8.1% | View data |
| 3 | 3 United Kingdom | 18,024,000 | 2023 | +1.82% | +5.77% | View data |
| 4 | 4 France | 8,246,600 | 2023 | +9.89% | +12.22% | View data |
| 5 | 5 Serbia | 3,862,800 | 2023 | -0.14% | -0.44% | View data |
| 6 | 6 Greece | 3,733,200 | 2023 | -10.04% | -14.92% | View data |
| 7 | 7 Croatia | 133,190 | 2023 | -1.41% | -1.43% | View data |
