In 2023, Germany led the turnover in European Metal Tanks, Reservoirs, and Containers with €7.91 billion, followed by the UK at €2.49 billion and Italy at €2.15 billion. Switzerland saw a notable 35.64% increase, signaling strong market performance. In contrast, countries like Italy, Spain, Belgium, and several Eastern European nations faced declines. Notably, Cyprus reported a 12.34% increase, highlighting potential growth areas in smaller markets.
Future trends to watch include Switzerland's expansion, potentially driven by innovation or increased demand, and the emerging market potential in Cyprus. Monitoring shifts in energy policies and sustainability initiatives will be vital for future growth projections.
Top countries in Metal Tanks, Reservoirs and Containers Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,910 | 2023 | +5.38% | +1.72% | View data |
| 2 | 2 United Kingdom | 2,490 | 2023 | +0.85% | +1.98% | View data |
| 3 | 3 Italy | 2,150 | 2023 | -2.73% | -3.06% | View data |
| 4 | 4 Poland | 1,740 | 2023 | +2.43% | +0.87% | View data |
| 5 | 5 Spain | 1,530 | 2023 | -0.59% | -0.88% | View data |
| 6 | 6 Switzerland | 1,470 | 2023 | +21.74% | +35.64% | View data |
| 7 | 7 Netherlands | 1,360 | 2023 | +0.44% | +1.77% | View data |
| 8 | 8 Slovakia | 1,100 | 2023 | +3.31% | +5.19% | View data |
| 9 | 9 Austria | 1,040 | 2023 | +1.83% | +4.97% | View data |
| 10 | 10 Czech Republic | 845.3 | 2023 | +0.17% | -0.18% | View data |
