In 2023, Italy led the European sold production of containers for compressed or liquefied gas of metal at 388.06 million euros, followed by the United Kingdom and Czechia. While Germany and France experienced a decline, the United Kingdom saw significant growth at 14.13%. Belgium also noted a substantial increase of 15.09%, while Estonia faced a sharp decrease of 14.26%. Other countries such as Hungary, Greece, and Bulgaria reported positive growth, highlighting diverse trends across the region. The Compound Annual Growth Rate (CAGR) over the last five years reveals a varied landscape, underscoring shifts in regional production capabilities.
Future trends to watch include advancements in production technology and regulatory changes that impact the use of metal containers for gas storage. Market demand shifts towards sustainable and innovative solutions are likely to affect production priorities across European countries. Additionally, geopolitical factors and economic policies will play critical roles in shaping this industry’s landscape over the coming years.
Top countries in Sold Production of Containers for Compressed or Liquefied Gas of Metal by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 388,060,000 | 2023 | +2.52% | +4.35% | View data |
| 2 | 2 United Kingdom | 255,510,000 | 2023 | +4.35% | +14.13% | View data |
| 3 | 3 Czechia | 220,180,000 | 2023 | |||
| 4 | 4 Germany | 183,780,000 | 2023 | -5.74% | -6.57% | View data |
| 5 | 5 France | 176,430,000 | 2023 | +0.15% | -2.01% | View data |
| 6 | 6 Poland | 144,410,000 | 2023 | +2.62% | +2.9% | View data |
| 7 | 7 Austria | 141,140,000 | 2023 | +5% | -0.31% | View data |
| 8 | 8 Portugal | 117,530,000 | 2023 | +3.28% | -0.64% | View data |
| 9 | 9 Spain | 61,425,000 | 2023 | -2.74% | -3.67% | View data |
| 10 | 10 Hungary | 54,694,000 | 2023 | +6.32% | +6.5% | View data |
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