The European Metal Manufacturing Production Index reveals significant disparities among countries. In 2023, Lithuania exhibited strong growth, standing at 85.27, showing an upward trend with an 8.26% year-on-year increase in 2022. In contrast, Spain, France, Germany, and Italy experienced declines or minimal growth. Spain's index was at 11.32 with a slight decrease of 0.018%, France at 10.53 with a 1.0% decrease, Germany at 9.89 with a 2.03% decrease, and Italy at 9.79 with a 1.63% decrease. Over the last five years, the overall CAGR showcases slow or negative growth for most, except Lithuania.
Future trends to watch for in the European Metal Manufacturing sector include:
- Technological advancements driving efficiency and production.
- Increasing environmental regulations influencing production processes.
- Shifts towards sustainable and green technologies in metal manufacturing.
- Evolving market demands leading to potential growth in specialized metal sectors.
- Geopolitical factors impacting supply chains and production costs.
Top countries in Metal Manufacturing Production Index by Country
| # | 5 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 852.7 | 2022 | -1.06% | +8.26% | View data |
| 2 | 2 Spain | 113.2 | 2022 | +2.54% | -0.018% | View data |
| 3 | 3 France | 105.3 | 2022 | +4.78% | -1% | View data |
| 4 | 4 Germany | 98.9 | 2022 | +2.7% | -2.03% | View data |
| 5 | 5 Italy | 97.9 | 2022 | -5.68% | -1.63% | View data |
