In 2023, Italy remained the dominant producer of numerically controlled bending, folding, straightening, or flattening machines for working metal in Europe, with a sold production of 2.55 thousand items, despite experiencing a slight decrease of 1.91% from the previous year. Germany followed with a production of 0.954 thousand items, showing a year-on-year increase of 1.91%. The United Kingdom and Denmark both saw notable declines of 5.88% and 5.59%, respectively, while Bulgaria and Croatia recorded growth rates of 4.05% and 7.39%, respectively. Spain's production remained stable at 0.083 thousand items.
Future trends to watch include:
- Increasing automation and technological advancements are likely to drive demand for numerically controlled machines.
- Manufacturers in emerging European markets may expand production capacities, enhancing their competitiveness.
- Sustainability initiatives and regulatory changes may influence production processes and market dynamics.
- The economic climate and supply chain factors will continue to impact production and sales across Europe.
Top countries in Sold Production of Numerically Controlled Bending, Folding, Straightening or Flattening Machines for Working Metal by Country
| # | 8 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,550 | 2023 | +10.46% | -1.91% | View data |
| 2 | 2 Germany | 954 | 2023 | +6.24% | +1.91% | View data |
| 3 | 3 Portugal | 469 | 2021 | +108.44% | View data | |
| 4 | 4 United Kingdom | 96 | 2023 | -4% | -5.88% | View data |
| 5 | 5 Spain | 83 | 2023 | +4.94% | 0% | View data |
| 6 | 6 Bulgaria | 50 | 2023 | +6.38% | +4.05% | View data |
| 7 | 7 Croatia | 10 | 2023 | 0% | +7.39% | View data |
| 8 | 8 Denmark | 3 | 2023 | 0% | -5.59% | View data |
