The European sold production of parts of mechanical and technical equipment and implements is dominated by Italy, representing the majority share in 2024, with a notable 8.26% year-on-year increase for 2023. Poland and Finland also show positive growth, highlighting their emerging roles in the market. Conversely, Germany and France experience slight declines, while Spain and the Netherlands see more significant reductions. Over the past two years, the market has been fluctuating, with a dynamic regional landscape illustrated by varied country-specific trends.
Future trends to watch:
- Potential further growth in Italy, likely driven by robust industrial advancements.
- Watch for Poland and Finland's strategies that can capitalize on their upward trajectory.
- The possibility of market recalibration in Germany and France to counteract recent decreases.
- Assess Spain and the Netherlands for turnaround investments and strategic pivots.
Top countries in Sold Production of Parts of Mechanical and Technical Equipment and Implements Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 75.65 | 2023 | +1.53% | +8.26% | View data |
| 2 | 2 Germany | 7.32 | 2023 | +5.12% | -0.46% | View data |
| 3 | 3 France | 3.46 | 2023 | -2.36% | -2.17% | View data |
| 4 | 4 Finland | 3.41 | 2023 | +16.03% | +6.53% | View data |
| 5 | 5 Poland | 2.9 | 2023 | +4.18% | +4.08% | View data |
| 6 | 6 Spain | 1.53 | 2023 | +2.22% | -4% | View data |
| 7 | 7 Netherlands | 1.45 | 2023 | +14.14% | -3.65% | View data |
| 8 | 8 Czechia | 1.22 | 2023 | |||
| 9 | 9 Hungary | 0.18 | 2023 | +7.47% | View data | |
| 10 | 10 Slovenia | 0.015 | 2023 | +6.81% | +0.95% | View data |
