In 2024, Germany maintains its lead in the European cutlery sector with 36.52% of the workforce, despite a slight year-on-year decrease of 0.96%. Italy has shown significant growth, now holding 20.59% of the share, a 13.18% increase from 2023. France and Greece have also seen moderate increases of 2.94% and 2.03% respectively, with France at 12.73% and Greece at 8.74%. Portugal experienced a minor decline of 1.49%, standing at 8.97%. Spain has 5.63%, dropping by 1.2%, while Romania increased by 2.63% to 1.49%, and Sweden rose by 1.07% to 1.36%. Finland and Austria show strong gains at 7.99% and 8.01%, respectively. Minor increases were observed in Slovenia, Belgium, and Hungary, while significant drops were noted in Serbia (-18.64%) and Latvia (-5.59%).
Future trends to watch include further consolidation in leading countries like Germany and Italy and potential growth in Northern Europe, particularly in Finland and Austria. Keeping an eye on markets with declining shares like Serbia and Latvia could also provide strategic insights for restructuring and investment opportunities.
Top countries in Cutlery Number of Persons Employed Share by Country (Units (Employees))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 36.52 | 2023 | -0.29% | -0.96% | View data |
| 2 | 2 Italy | 20.59 | 2023 | +15.65% | +13.18% | View data |
| 3 | 3 France | 12.73 | 2023 | +1.97% | +2.94% | View data |
| 4 | 4 Portugal | 8.97 | 2023 | -1.1% | -1.49% | View data |
| 5 | 5 Greece | 8.74 | 2023 | +1.22% | +2.03% | View data |
| 6 | 6 Spain | 5.63 | 2023 | -7.33% | -1.2% | View data |
| 7 | 7 Romania | 1.49 | 2023 | +2% | +2.63% | View data |
| 8 | 8 Sweden | 1.36 | 2023 | +0.43% | +1.07% | View data |
| 9 | 9 Finland | 0.83 | 2023 | +7.63% | +7.99% | View data |
| 10 | 10 Austria | 0.57 | 2023 | +7.78% | +8.01% | View data |
