In 2023, Italy led European sold production of lathes for removing metal with 44.96% share, followed by Germany at 32.73%. Bulgaria held a 9.5% share, with Poland and Slovakia next at 7.18% and 5.43% respectively. Czechia contributed 4.39%, while Denmark, Spain, and France held smaller shares. Italy's production grew by 6.47%, whereas Germany declined by 12.77%. France saw the steepest decline at 60.65%, and Denmark also experienced a sharp fall. Over the last five years, trends show that Italy and Slovakia are consistently increasing, while Germany, Spain, and France are declining.
Looking ahead, adaptability to automation and digitalization could significantly reshape production landscapes in Europe. Emerging trends suggest potential growth in countries investing in innovation and efficiency. Attention to geopolitical influences and supply chain resilience will also be critical factors impacting future production dynamics in the European market.
Top countries in Sold Production of Lathes for Removing Metal Share by Country (Units (Items))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 44.96 | 2023 | +6.95% | +6.47% | View data |
| 2 | 2 Germany | 32.73 | 2023 | -1.79% | -12.77% | View data |
| 3 | 3 Bulgaria | 9.5 | 2023 | +0.79% | -1.56% | View data |
| 4 | 4 Poland | 7.18 | 2023 | +3.54% | +0.15% | View data |
| 5 | 5 Slovakia | 5.43 | 2023 | +4.73% | +3.38% | View data |
| 6 | 6 Czechia | 4.39 | 2023 | |||
| 7 | 7 Denmark | 2.52 | 2023 | +3.06% | -37.18% | View data |
| 8 | 8 Spain | 0.21 | 2023 | +32.65% | -45% | View data |
| 9 | 9 France | 0.011 | 2023 | -91.67% | -60.65% | View data |
