In 2023, Italy led Europe's production in bending, folding, and straightening metal machines with 23.17 thousand items, followed by Germany at 9.46 thousand and Poland at 4.82 thousand. Noteworthy year-on-year increases were observed in Denmark, Portugal, and Finland, with Denmark and Finland experiencing double-digit growth. However, Austria and Serbia remained unchanged at zero growth, while Croatia saw a decline. The five-year CAGR reflects robust growth in select countries, indicating emerging opportunities particularly in Eastern Europe.
Future trends to watch include advancements in automation and technology integration, boosting efficiency and production capacity. Emphasis on sustainability and reducing carbon footprints can influence production processes, offering potential for market leaders to leverage these aspects for competitive advantage.
Top countries in Sold Production of Bending, Folding and Straightening Metal Machines by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 23,570 | 2023 | +2.63% | +23.17% | View data |
| 2 | 2 Germany | 11,080 | 2023 | +13.74% | +9.46% | View data |
| 3 | 3 Poland | 9,500 | 2023 | +3.99% | +4.82% | View data |
| 4 | 4 Spain | 4,260 | 2023 | +14.4% | +3.78% | View data |
| 5 | 5 France | 4,020 | 2021 | +2.2% | View data | |
| 6 | 6 Denmark | 2,070 | 2023 | +16.92% | +14.75% | View data |
| 7 | 7 Sweden | 880 | 2023 | +3.9% | +4.92% | View data |
| 8 | 8 Czechia | 767 | 2023 | |||
| 9 | 9 Portugal | 749 | 2023 | +2.74% | +42.38% | View data |
| 10 | 10 Austria | 688 | 2023 | +47.96% | View data |
