In 2023, Germany led European production of computer, electronic, and optical products with a significant margin, totaling 105.38 billion euros. The Netherlands and France followed, recording 37.56 billion and 30.57 billion euros, respectively. Italy and Austria contributed more modestly with volumes of 22.42 and 10.34 billion euros. Smaller markets like Finland, Belgium, and Estonia accounted for lower volumes, with values ranging from 7.0 to 1.51 billion euros. Noteworthy is the year-on-year growth: Greece had the highest increase at 5.85%, while Finland experienced a decline of 4.8%. Over the past five years, countries have shown varied CAGR, indicating differing growth trajectories.
Future trends to watch include advancements in digital transformation, increasing demand for high-tech products, and potential shifts due to economic policies. Germany's leadership may remain dominant, but competitive pressures could see growth in countries like France and the Netherlands, driven by innovation and investment. Sustainability trends and supply chain resilience will also play vital roles in shaping the sector's growth dynamics across European countries.
Top countries in Production Volumes of Computer, Electronic and Optical Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 105,380 | 2023 | +2.27% | +2.48% | View data |
| 2 | 2 Netherlands | 37,560 | 2023 | +1.01% | +1.87% | View data |
| 3 | 3 France | 30,570 | 2023 | +1.7% | +2.81% | View data |
| 4 | 4 Italy | 22,420 | 2023 | -0.019% | +0.085% | View data |
| 5 | 5 Austria | 10,340 | 2023 | +2.52% | +1.91% | View data |
| 6 | 6 Finland | 7,000 | 2023 | -5.17% | -4.8% | View data |
| 7 | 7 Belgium | 4,100 | 2023 | +0.6% | +1.06% | View data |
| 8 | 8 Estonia | 1,510 | 2023 | +1.9% | +2.71% | View data |
| 9 | 9 Slovenia | 894.44 | 2023 | +2.43% | +1.94% | View data |
| 10 | 10 Greece | 848.62 | 2023 | +2.71% | +5.85% | View data |
