In 2023, Italy was the leading producer with 115.77 million kg, followed by Germany (39.069 million kg) and Poland (36.927 million kg). Italy also showed the highest year-on-year growth at 22.96%, significantly outpacing France, which also exhibited substantial growth of 19.16%. In contrast, Estonia and Hungary experienced declines in production. Over the last five years, the compound annual growth rate across countries varied, highlighting dynamic shifts within the sector.
Future trends to watch include Italy's continued dominance and growth potential as a key market leader. Emerging countries such as France may capture more share with their rapid upward trends, while nations that declined, like Estonia and Hungary, might strategize to reverse their downturns. Sustainability and innovation in manufacturing could also impact production scales and technological advancements across the European landscape.
Top countries in Sold Production of Buckets, Shovels, Grabs and Grips for Cranes, Excavators and the Like by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 115,770,000 | 2023 | +16.76% | +22.96% | View data |
| 2 | 2 Germany | 39,069,000 | 2023 | +3.62% | +1.13% | View data |
| 3 | 3 Poland | 36,927,000 | 2023 | +5.38% | +5.81% | View data |
| 4 | 4 United Kingdom | 29,572,000 | 2023 | +3.23% | +3.66% | View data |
| 5 | 5 Austria | 22,943,000 | 2023 | +1.48% | +4.85% | View data |
| 6 | 6 Netherlands | 17,369,000 | 2023 | +1.19% | +0.089% | View data |
| 7 | 7 Sweden | 17,004,000 | 2023 | +5.97% | -0.77% | View data |
| 8 | 8 Estonia | 8,566,800 | 2023 | +7.56% | -2.79% | View data |
| 9 | 9 Hungary | 8,507,700 | 2023 | -5.25% | -4.81% | View data |
| 10 | 10 France | 3,996,800 | 2023 | -6.03% | +19.16% | View data |
