In 2023, Germany led the European market for metal forging, pressing, stamping, and roll-forming production with a substantial share of 43.31%. Other notable contributors included Italy at 20.9% and France at 14.05%. Noteworthy growth was observed in Hungary, Romania, and Lithuania, reflecting increases of 5.26%, 3.38%, and 6.26% respectively. Conversely, the UK and Netherlands faced declines of 0.32% and 1.3%. Slovakia and Bosnia and Herzegovina experienced significant contractions of 40.25% and 4.51% respectively.
Future trends to watch for include innovations in manufacturing technology and sustainability practices, which may spur changes in production dynamics. Countries that effectively leverage technological advancements may increase their market share significantly. Additionally, geopolitical and economic shifts could impact production costs and market distribution in the coming years.
Top countries in Sold Production of Metal Forging, Pressing, Stamping and Roll-Forming Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 43.31 | 2023 | +5.9% | +0.65% | View data |
| 2 | 2 Italy | 20.9 | 2023 | +3.52% | +2.14% | View data |
| 3 | 3 France | 14.05 | 2023 | +4.79% | +0.55% | View data |
| 4 | 4 Spain | 8.03 | 2023 | +6.58% | +1.03% | View data |
| 5 | 5 United Kingdom | 3.83 | 2023 | -0.51% | -0.32% | View data |
| 6 | 6 Austria | 2.57 | 2023 | +6.15% | +0.16% | View data |
| 7 | 7 Netherlands | 1.96 | 2023 | +8.75% | -1.3% | View data |
| 8 | 8 Czechia | 1.32 | 2023 | |||
| 9 | 9 Poland | 0.82 | 2023 | +5.64% | +1.95% | View data |
| 10 | 10 Hungary | 0.76 | 2023 | +3.54% | +5.26% | View data |
