Italy dominates the European market for turned metal parts for machinery and mechanical appliances with the largest share in 2023. Germany, Spain, and the UK follow, while Eastern European countries like Poland have shown emerging importance. Year-on-year, Norway and Greece saw the most significant growth, with Slovenia, Bulgaria, and Romania following. Conversely, Finland and Austria experienced declines. Over five years, these markets have shifted, with Eastern and Southern Europe gaining share. Future trends to watch:
- Continued growth in Slovenia, Bulgaria, and Romania.
- Potential opportunities from rising demand in Norway.
- Possible challenges for Italy and Finland due to declining shares.
- The impact of technological advancements and trade policies on production landscapes across Europe.
Top countries in Sold Production of Turned Metal Parts for Machinery and Mechanical Appliances Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 50.04 | 2023 | +0.96% | -0.62% | View data |
| 2 | 2 Germany | 11.38 | 2023 | +6.53% | +0.42% | View data |
| 3 | 3 Spain | 8.92 | 2023 | +1.94% | +0.35% | View data |
| 4 | 4 United Kingdom | 6.22 | 2023 | -1.17% | +1.97% | View data |
| 5 | 5 Poland | 3.21 | 2023 | +3.84% | +2.87% | View data |
| 6 | 6 Netherlands | 2.78 | 2023 | +2.2% | +1.94% | View data |
| 7 | 7 Czechia | 2.6 | 2023 | |||
| 8 | 8 Finland | 2.55 | 2023 | -2.37% | -3.12% | View data |
| 9 | 9 Hungary | 1.56 | 2023 | +1.6% | +1.13% | View data |
| 10 | 10 Romania | 1.23 | 2023 | +4.88% | +5.28% | View data |
