The European Electrical Equipment and Electronics Turnover Index shows varying levels of growth across countries. In 2023, Hungary leads with the highest index value, reflecting significant growth, while countries like Belgium and Switzerland show more modest increases. Recent year-on-year growth data highlights substantial gains in Hungary and Latvia, whereas Ireland experienced a slight decline. The past five years have seen a diverse CAGR in these countries, showcasing a wide range of development paces within the sector.
Future trends to watch include:
- Technological advancements driving demand across the continent.
- Possible economic uncertainties affecting industry stability in some regions.
- The impact of sustainability drives and regulatory changes on production and innovation.
Top countries in Electrical Equipment and Electronics Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 313.1 | 2022 | +41.1% | +23.16% | View data |
| 2 | 2 Latvia | 246.3 | 2022 | +25.79% | +14.4% | View data |
| 3 | 3 Macedonia | 244 | 2022 | +11.16% | +13.74% | View data |
| 4 | 4 Poland | 234.5 | 2022 | +19.22% | +16.67% | View data |
| 5 | 5 Romania | 230.9 | 2022 | +20.51% | +13.31% | View data |
| 6 | 6 Greece | 220.1 | 2022 | +16.58% | +15.52% | View data |
| 7 | 7 Lithuania | 165.4 | 2022 | +11.01% | +6.14% | View data |
| 8 | 8 Czech Republic | 146.8 | 2022 | +12.75% | +6.12% | View data |
| 9 | 9 Spain | 144.9 | 2022 | +13.74% | +5.98% | View data |
| 10 | 10 Austria | 144.4 | 2022 | +13.08% | +4.19% | View data |
