In 2023, the United Kingdom led European production of turned metal parts for aircraft, spacecraft, and satellites at 627.87 million euros, with a modest increase of 2.91% from the previous year. Italy and Spain followed, registering a decline of 4.04% and a growth of 2.59%, respectively. France and Poland experienced notable increases, with France at 4.66% and Poland at 8.08%. Austria saw the highest growth at 8.83%, while Germany had a significant drop of 22.67%. The Netherlands had a small increase of 3.4%.
Future trends to watch include advancements in aerospace technology, increased demand for efficient production processes, and potential shifts in production locations due to geopolitical and economic changes. Innovation and sustainability will be key drivers in the European aerospace manufacturing sector.
Top countries in Sold Production of Turned Metal Parts for Aircraft, Spacecraft and Satellites by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 627,870,000 | 2023 | +1.01% | +2.91% | View data |
| 2 | 2 Italy | 430,510,000 | 2023 | +2.01% | -4.04% | View data |
| 3 | 3 Spain | 400,740,000 | 2023 | +7.18% | +2.59% | View data |
| 4 | 4 France | 290,640,000 | 2023 | +11.13% | +4.66% | View data |
| 5 | 5 Poland | 110,240,000 | 2023 | +5.23% | +8.08% | View data |
| 6 | 6 Austria | 52,723,000 | 2023 | +22.27% | +8.83% | View data |
| 7 | 7 Germany | 25,693,000 | 2023 | -44.6% | -22.67% | View data |
| 8 | 8 Czechia | 19,001,000 | 2023 | |||
| 9 | 9 Netherlands | 4,644,800 | 2023 | +15.2% | +3.4% | View data |
