The European Metal Forming Machinery and Machine Tools Production Value shows significant dominance by Germany, which holds 48.25 million euros, followed by Italy at 19.44 million euros, and Switzerland with 9.42 million euros. The year-on-year variations are mixed, with Germany experiencing a minor increase of 0.22%, whereas Italy saw a decline of 0.55%. Switzerland and Austria had notable increases of 3.17% and 1.62%, respectively. Spain and Poland experienced slight declines, while the United Kingdom and France showed moderate growth. Serbia and Macedonia had exceptional growth rates of 13.04% and 17.08%. In contrast, Greece and Bosnia and Herzegovina faced significant declines of 11.81% and 22.76%.
The sector has shown a diverse range of trends over the past five years, with some smaller countries demonstrating notable growth, while others have seen declines. This indicates a fluctuating market influenced by various economic conditions and investment in industrial sectors.
Future trends to watch for in the European Metal Forming Machinery and Machine Tools production value include continued growth in technologically advanced countries and potential recovery in historically declining markets. Innovations in automation, Industry 4.0, and sustainable production practices are expected to drive growth across various regions.
Top countries in Metal Forming Machinery and Machine Tools Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48.25 | 2023 | +5.58% | +0.22% | View data |
| 2 | 2 Italy | 19.44 | 2023 | +5.97% | -0.55% | View data |
| 3 | 3 Switzerland | 9.42 | 2023 | +6.78% | +3.17% | View data |
| 4 | 4 Austria | 3.76 | 2023 | +2.48% | +1.62% | View data |
| 5 | 5 Spain | 3.58 | 2023 | +6.17% | -0.084% | View data |
| 6 | 6 United Kingdom | 3.18 | 2023 | +1.16% | +0.8% | View data |
| 7 | 7 France | 2.25 | 2023 | +4.91% | +0.81% | View data |
| 8 | 8 Czech Republic | 2.12 | 2023 | +6.63% | -0.59% | View data |
| 9 | 9 Sweden | 1.24 | 2023 | +0.55% | +1.13% | View data |
| 10 | 10 Poland | 1 | 2023 | +6.31% | -0.28% | View data |
