In 2023, the European sold production of electro-mechanical domestic appliances showed a varied landscape. Germany led with a value of €892.4 million, followed by France at €442.09 million, and Italy at €367.85 million. Notably, Germany’s year-on-year variation was a modest 4.73%, while France saw a significant increase of 7.81%. Italy, however, experienced a decline of 3.34%. Romania’s production grew by 5.56%, whereas the UK faced a steep drop of 23.56%. Lithuania and Hungary reported negative growth of 1.53% and 15.61% respectively. Finland had an impressive increase of 11.56%, while Spain's production remained static. Denmark and Portugal saw variations of 6.15% and -28.11% respectively.
Looking ahead to 2024, trends to watch include Germany maintaining its leadership position, potential sustained growth in France, and a possible recovery for the UK. Countries with smaller markets such as Finland and Denmark could continue to experience fluctuations, while stable economies like Spain might remain consistent. The impact of technological advancements and sustainable practices will significantly influence the production landscape across these nations.
Top countries in Sold Production of Electro-Mechanical Domestic Appliances by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 892,400,000 | 2023 | +1.88% | +4.73% | View data |
| 2 | 2 France | 442,090,000 | 2023 | +27.29% | +7.81% | View data |
| 3 | 3 Italy | 367,850,000 | 2023 | +5.25% | -3.34% | View data |
| 4 | 4 Romania | 124,850,000 | 2023 | +6.63% | +5.56% | View data |
| 5 | 5 United Kingdom | 60,331,000 | 2023 | +2.76% | -23.56% | View data |
| 6 | 6 Lithuania | 52,797,000 | 2023 | +3.87% | -1.53% | View data |
| 7 | 7 Hungary | 16,064,000 | 2023 | -21.4% | -15.61% | View data |
| 8 | 8 Finland | 13,438,000 | 2023 | +8.82% | +11.56% | View data |
| 9 | 9 Spain | 7,732,200 | 2023 | +96.87% | View data | |
| 10 | 10 Denmark | 4,393,100 | 2023 | +5.52% | +6.15% | View data |
