In 2023, Italy leads the European Lifting and Handling Equipment Production Index with a value of 14.06. It is followed by Greece at 13.46, Spain at 11.75, France at 10.66, and Germany at 9.7. The variations between 2021 and 2022 indicate moderate growth in Italy and Greece with 3.58% and 2.97% respectively; Spain shows a modest increase of 1.31%, while France and Germany experienced slight declines at -0.13% and -1.35% respectively. The compound annual growth rate (CAGR) over the last five years would provide insights into these trends.
Future trends to watch in the European Lifting and Handling Equipment include digitalization and automation advancements, sustainability practices, increased demand for electric and eco-friendly equipment, and the impact of regulation changes. Economic conditions and supply chain disruptions will also play critical roles in shaping the market dynamics in the upcoming years.
Top countries in Lifting and Handling Equipment Production Index by Country
| # | 5 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 140.6 | 2022 | +9.25% | +3.58% | View data |
| 2 | 2 Greece | 134.6 | 2022 | +4.34% | +2.97% | View data |
| 3 | 3 Spain | 117.5 | 2022 | +11.27% | +1.31% | View data |
| 4 | 4 France | 106.6 | 2022 | +4.92% | -0.13% | View data |
| 5 | 5 Germany | 97 | 2022 | -4.62% | -1.35% | View data |
