Germany leads the European production of turned metal parts for land vehicles, with 2.9487 billion euros in 2023, showing a growth rate of 0.82% from the previous year. Italy follows with 1.9708 billion, having increased by 0.28%, while Spain, at 0.98272 billion, faces a decline of 2.81%. France, United Kingdom, and Hungary show varied performances; the UK undergoes notable growth at 3.09%. Other countries like Poland, Netherlands, and Slovakia exhibit mixed trends, with Slovenia showing marginal growth of 0.6% and Slovakia having an impressive increase of 39.28%.
Future trends indicate that while established markets like Germany and Italy will continue to play major roles, emerging markets like Slovakia and Bulgaria have the potential for significant growth. Technological advances, such as Industry 4.0, and the transition towards electric vehicles may further impact production volumes and methodologies across Europe.
Top countries in Sold Production of Turned Metal Parts for Land Vehicles (Excluding for Locomotives or Rolling Stock, Made by Casting, Forging, Pressing, Stamping, Roll Forming or Powder Metallurgy) by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,948,700,000 | 2023 | +6.38% | +0.82% | View data |
| 2 | 2 Italy | 1,970,800,000 | 2023 | +1.46% | +0.28% | View data |
| 3 | 3 Spain | 982,720,000 | 2023 | +0.89% | -2.81% | View data |
| 4 | 4 France | 945,040,000 | 2023 | +2.75% | -1.78% | View data |
| 5 | 5 United Kingdom | 440,210,000 | 2023 | +2.17% | +3.09% | View data |
| 6 | 6 Czechia | 158,050,000 | 2023 | |||
| 7 | 7 Hungary | 127,570,000 | 2023 | +3.14% | +1.83% | View data |
| 8 | 8 Poland | 55,666,000 | 2023 | +1.69% | -0.47% | View data |
| 9 | 9 Netherlands | 53,328,000 | 2023 | +1.56% | -3.17% | View data |
| 10 | 10 Slovenia | 43,327,000 | 2023 | -0.52% | +0.6% | View data |
