In 2023, Italy dominated European sold production of machinery for preparing, tanning, or working hides, skins, or leather by value, with 308.58 million euros, representing a significant lead over France (6.66 million euros), Spain (3.40 million euros), Finland (1.28 million euros), and Denmark (0.37 million euros). Year-on-year analysis for 2023 shows a decline across all countries, with Italy down by 2.18%, France by 1.77%, Finland by 5.06%, and Denmark by 17.63%. Despite Italy's vast lead, it has experienced a slight contraction.
Future trends to watch:
- Italy's sustained leadership amidst slight contraction challenges may drive innovation and investment strategies to maintain its competitive edge.
- Emerging technologies and shifting global demand could shape investment in automation and efficiency improvements across Europe.
- Increasing sustainability and environmental regulations may influence production capacities and methods in the industry.
Top countries in Sold Production of Machinery for Preparing, Tanning or Working Hides, Skins or Leather by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 308,580,000 | 2023 | +10.81% | -2.18% | View data |
| 2 | 2 France | 6,657,800 | 2023 | +8.32% | -1.77% | View data |
| 3 | 3 Spain | 3,399,000 | 2021 | View data | ||
| 4 | 4 Finland | 1,281,100 | 2023 | +0.41% | -5.06% | View data |
| 5 | 5 Denmark | 374,230 | 2023 | +0.0086% | -17.63% | View data |
