The production value of metal forming machinery and machine tools in Germany experienced overall growth from 2013 to 2023. Starting at 21.25 billion euros in 2013, it peaked at 25.74 billion euros in 2023. Significant volatility occurred in 2020 with a sharp decline to 20.91 billion euros due to global disruptions, but recovery efforts were swift, with a jump to 24.38 billion in 2022 and 25.74 billion in 2023, representing a 5.58% year-on-year growth. The compound annual growth rate (CAGR) over the last five years shows an average yearly increase of 1.47%.

Future trends to watch for include:

Continued gradual increase in production value, with forecasts predicting a steady rise to 28.23 billion euros by 2028.
Advancements in automation and smart manufacturing technologies likely contributing to efficiency and productivity gains.
Potential impact of global economic factors and supply chain dynamics on production stability and growth.