The European metal forming machinery production landscape is predominantly led by Germany with a production value of 19.43 billion Euros in 2023. Italy follows, though experiencing a slight decrease, with 4.93 billion Euros. Other notable contributors include Spain (1.57 billion), Austria (1.41 billion), and the United Kingdom (1.13 billion). Positive growth rates are seen in France (2.69%) and Portugal (4.02%), while Finland and Greece reported declines. Serbia and Croatia posted remarkable gains, reflecting dynamic industry changes, whereas Bulgaria and Slovenia also experienced noticeable positive shifts.
Looking forward, innovation, automation, and green manufacturing policies may pivot the industry's trajectory. Maintaining competitiveness amidst global shifts and technological advancements remains vital, particularly for leading countries like Germany and Italy. Monitoring these trends will be essential for predicting future industry dynamics.
Top countries in Metal Forming Machinery Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19,430 | 2023 | +6.09% | +0.76% | View data |
| 2 | 2 Italy | 4,930 | 2023 | +6.63% | -0.63% | View data |
| 3 | 3 Spain | 1,570 | 2023 | +6.29% | +0.17% | View data |
| 4 | 4 Austria | 1,410 | 2023 | +4.97% | +1.89% | View data |
| 5 | 5 United Kingdom | 1,130 | 2023 | +1.25% | +0.86% | View data |
| 6 | 6 France | 1,100 | 2023 | +6.55% | +2.69% | View data |
| 7 | 7 Czech Republic | 855.8 | 2023 | +5.54% | +1.1% | View data |
| 8 | 8 Sweden | 488.3 | 2023 | +1.52% | +2.48% | View data |
| 9 | 9 Belgium | 382.3 | 2023 | +4.43% | +1.22% | View data |
| 10 | 10 Poland | 361.8 | 2023 | +9.07% | +0.7% | View data |
