In 2023, Italy led the European market in the production of sawing or cutting-off machines for working metals, metal carbides, or cermets, with a share of 32.95%, followed closely by Germany at 32.48%, and Czechia at 27.24%. Despite a significant lead, Italy's production decreased by 5.12% in 2023, whereas Germany saw a smaller decline of 1.64%. France and Denmark experienced modest growths of 4.65% and 2.47%, respectively. Notably, Finland recorded the highest positive change at 6.58%, although its market share remained the smallest at 0.041%.
Future trends to watch include potential recovery or further adjustments in Italy's and Germany's production capacities and strategies, given their leading positions but declining outputs in the past year. Additionally, the continued growth in France and Finland may indicate emerging opportunities or shifting dynamics within the European market.
Top countries in Sold Production of Sawing or Cutting-Off Machines for Working Metals, Metal Carbides or Cermets Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 32.95 | 2023 | -14.5% | -5.12% | View data |
| 2 | 2 Germany | 32.48 | 2023 | +2.63% | -1.64% | View data |
| 3 | 3 Czechia | 27.24 | 2023 | |||
| 4 | 4 France | 4.81 | 2023 | +0.86% | +4.65% | View data |
| 5 | 5 Denmark | 3.73 | 2023 | +5.48% | +2.47% | View data |
| 6 | 6 Spain | 3.38 | 2021 | View data | ||
| 7 | 7 Bulgaria | 1.11 | 2023 | -3.26% | -4.14% | View data |
| 8 | 8 Austria | 0.73 | 2023 | +11.36% | +1.77% | View data |
| 9 | 9 Hungary | 0.35 | 2023 | +6.9% | View data | |
| 10 | 10 Finland | 0.041 | 2023 | +57.14% | +6.58% | View data |
