In 2023, Germany led European sold production of turned metal parts for electrical machinery and equipment, followed by France and Italy. Notable year-on-year variations included Italy's substantial 12.87% growth and Hungary's 5.72% increase, while Finland and Estonia saw declines of 11.16% and 8.26%, respectively. Spain, Netherlands, and the UK also experienced declines.
Future trends to watch include Italy's continued growth momentum, a potential recovery in declining markets like Spain and Finland, and Germany's steady dominance. Emerging markets such as Poland and Hungary may offer new growth opportunities in European production dynamics.
Top countries in Sold Production of Turned Metal Parts for Electrical Machinery and Equipment by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 358,460,000 | 2023 | +1.87% | +0.96% | View data |
| 2 | 2 France | 133,650,000 | 2023 | -0.32% | -0.73% | View data |
| 3 | 3 Italy | 114,290,000 | 2023 | -0.26% | +12.87% | View data |
| 4 | 4 Hungary | 52,899,000 | 2023 | +2.95% | +5.72% | View data |
| 5 | 5 Spain | 35,827,000 | 2023 | -3.85% | -5.8% | View data |
| 6 | 6 Netherlands | 27,280,000 | 2023 | +8.02% | -4.91% | View data |
| 7 | 7 Belgium | 21,739,000 | 2023 | +4.31% | +1% | View data |
| 8 | 8 Austria | 20,115,000 | 2023 | +6.08% | -0.073% | View data |
| 9 | 9 United Kingdom | 19,570,000 | 2023 | -5.62% | -3.86% | View data |
| 10 | 10 Finland | 5,166,800 | 2023 | -6.94% | -11.16% | View data |
