In 2023, Italy led the production of plastic parts for electrical machinery, recording a value of 1.1479 billion euros, followed by Germany and France. Hungary showed notable growth with a 4.91% increase, while Slovakia declined by 1.15%. The UK's production dropped significantly by 12.1%, alongside negative trends in Spain and Romania. Netherlands surged with a 16.84% increase. Overall, Europe's production has fluctuated with varied year-on-year changes, influenced by economic and technological factors.
Looking ahead, the market may be shaped by increased focus on sustainability, the impact of regulatory changes, and innovation in materials and manufacturing processes, driving shifts in production capabilities across Europe.
Top countries in Sold Production of Plastic Parts for Electrical Machinery and Equipment, Sound Recorders and Reproducers, Television Image and Sound Recorders and Reproducers by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,147,900,000 | 2023 | +9.32% | +2.89% | View data |
| 2 | 2 Germany | 830,670,000 | 2023 | +2.47% | +0.54% | View data |
| 3 | 3 France | 127,660,000 | 2023 | +3.88% | +2.17% | View data |
| 4 | 4 Hungary | 107,140,000 | 2023 | +3.94% | +4.91% | View data |
| 5 | 5 Slovakia | 64,267,000 | 2023 | -0.64% | -1.15% | View data |
| 6 | 6 Czechia | 42,130,000 | 2023 | |||
| 7 | 7 Austria | 40,611,000 | 2023 | +7.13% | -0.76% | View data |
| 8 | 8 Portugal | 33,537,000 | 2023 | -0.61% | +1.31% | View data |
| 9 | 9 Bulgaria | 25,808,000 | 2023 | +3.52% | +4.06% | View data |
| 10 | 10 Finland | 22,015,000 | 2023 | -1.54% | -0.038% | View data |
