The European metal structures market exhibited varied performance across countries in 2023. Germany maintained a dominant lead with a modest growth of 1.35%. Italy and the United Kingdom saw declines in turnover share. Spain and Ireland experienced notable surges, each growing by over 5%. Smaller countries like Serbia and Iceland had substantial percentage increases, indicating robust growth in these markets. Over the last five years, consistent growth was observed in nations like Sweden, Bulgaria, and Latvia, showcasing a positive trend in the smaller European markets.
Future trends to watch include the recovery of economies like the UK, which are currently facing declines, and the continued emerging strength of Eastern European countries such as Serbia and Bosnia and Herzegovina. Market diversification and technological advancements in metal structure manufacturing may further impact turnover shares. Additionally, shifts in global trade policies and supply chain dynamics could influence the market landscape across Europe in 2024 and beyond.
Top countries in Metal Structures Turnover Share by Country (Million Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 23.86 | 2023 | +3.39% | +1.35% | View data |
2 | 2 Italy | 13.41 | 2023 | +3.62% | -0.25% | View data |
3 | 3 France | 8.74 | 2023 | +0.4% | +0.1% | View data |
4 | 4 Poland | 8.44 | 2023 | +3.37% | +0.41% | View data |
5 | 5 United Kingdom | 8.06 | 2023 | -0.58% | -0.79% | View data |
6 | 6 Spain | 6.86 | 2023 | +5.18% | +6.67% | View data |
7 | 7 Austria | 3.56 | 2023 | +0.75% | -0.37% | View data |
8 | 8 Belgium | 3.42 | 2023 | -0.4% | +1.33% | View data |
9 | 9 Czech Republic | 2.8 | 2023 | +1.41% | +0.69% | View data |
10 | 10 Sweden | 2.49 | 2023 | +10.13% | +2.95% | View data |