In 2023, Germany held the dominant position in European sold production of bucket type continuous-action elevators and conveyors with a value of 99.677 million euros, showcasing a 1.79% year-on-year growth. Italy and France followed, both experiencing minor declines of -0.99% and -1.12%, respectively. Poland and the United Kingdom showed positive momentum with 4.73% and 5.18% increases. Conversely, Hungary suffered the largest drop at -15.41%.
Looking towards future trends:
- Germany is expected to maintain its leadership, leveraging technological advancements.
- Countries like Poland and the UK may continue upward trends due to strategic investments.
- Watch for potential growth in smaller markets like Estonia, showing a substantial 7.55% uptick, signaling emerging opportunities.
Top countries in Sold Production of Bucket Type Continuous-Action Elevators and Conveyors for Goods or Materials by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 99,677,000 | 2023 | +2.38% | +1.79% | View data |
| 2 | 2 Italy | 49,089,000 | 2023 | +35.58% | -0.99% | View data |
| 3 | 3 France | 25,719,000 | 2023 | +1.04% | -1.12% | View data |
| 4 | 4 Czechia | 17,750,000 | 2023 | |||
| 5 | 5 Poland | 16,962,000 | 2023 | +4.56% | +4.73% | View data |
| 6 | 6 United Kingdom | 6,589,700 | 2023 | -1.17% | +5.18% | View data |
| 7 | 7 Spain | 5,256,800 | 2023 | +12.09% | +1.22% | View data |
| 8 | 8 Finland | 4,846,700 | 2023 | +18.47% | -0.081% | View data |
| 9 | 9 Denmark | 4,082,600 | 2023 | +14.06% | -4.54% | View data |
| 10 | 10 Croatia | 1,254,500 | 2023 | +6.21% | +3.39% | View data |
