In 2023, Italy led the European sold production of machinery for metallurgy, capturing 47.4% of the market, followed by Slovenia at 20.9%. Other notable contributors included Sweden and Germany with shares of 7.91% and 5.26%, respectively. The market displayed varied performances, with Italy's share increasing significantly by 42.56%, while Sweden and Germany experienced declines. Over the last five years, there has been a stable but varied distribution of market share across countries, with some experiencing growth while others faced declines.
For 2024 and beyond, trends to watch include technological advancements driving efficiencies, potential consolidation within the industry, and fluctuating demand driven by changes in European industrial policy and global market conditions.
Top countries in Sold Production of Machinery for Metallurgy Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 47.4 | 2023 | +3.13% | +42.56% | View data |
| 2 | 2 Slovenia | 20.9 | 2023 | +2.45% | +1.69% | View data |
| 3 | 3 Sweden | 7.91 | 2023 | -1.28% | -4.92% | View data |
| 4 | 4 Germany | 5.26 | 2023 | -0.48% | -3.59% | View data |
| 5 | 5 United Kingdom | 4.02 | 2023 | +0.36% | -3.2% | View data |
| 6 | 6 Portugal | 3.55 | 2023 | +7.09% | +5.06% | View data |
| 7 | 7 Austria | 2.37 | 2023 | +30.92% | +0.1% | View data |
| 8 | 8 Czechia | 2.06 | 2023 | |||
| 9 | 9 France | 0.91 | 2023 | +3.43% | View data | |
| 10 | 10 Estonia | 0.77 | 2023 | +3.85% | View data |
