In 2024, Italy is the leading country in the European fabricated metal products manufacturing sector with an output of 50.4 million euros. The Netherlands and Austria follow with 16.74 million euros and 12.21 million euros, respectively. Belgium, Finland, and Slovakia also have notable shares. Estonia, Latvia, Cyprus, and Malta contribute smaller portions to the total output.
Year-on-year variations from 2023 show a mixed trend. Italy experienced a slight decrease of 0.59%. The Netherlands and Slovakia witnessed significant increases of 6.98% and 6.32%, respectively. Austria and Finland grew by over 5%. Estonia had a notable rise of 9.57%, while Latvia grew by 8.65%. Cyprus and Malta also showed growth, with increases of 3.56% and 7.47% respectively. Belgium had a modest increase of 1.25%.
Key trends over the past five years highlight substantial average annual growth (CAGR) in several smaller markets, suggesting emerging opportunities. The data reveals varied momentum with traditionally strong markets like Italy stabilizing, while smaller countries exhibit faster growth rates.
Future trends to watch include technological advancements in manufacturing processes, potential shifts in trade policies, and economic conditions influencing investment. Sustainable production methods and the adoption of Industry 4.0 could further shape the landscape of fabricated metal products manufacturing in Europe.
Top countries in Fabricated Metal Products Manufacturing Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 50.4 | 2023 | +2.56% | -0.59% | View data |
| 2 | 2 Netherlands | 16.74 | 2023 | +3.8% | +6.98% | View data |
| 3 | 3 Austria | 12.21 | 2023 | +2.36% | +5.22% | View data |
| 4 | 4 Belgium | 7.66 | 2023 | +1.01% | +1.25% | View data |
| 5 | 5 Finland | 5.67 | 2023 | +1.23% | +5.33% | View data |
| 6 | 6 Slovakia | 5.15 | 2023 | +2.75% | +6.32% | View data |
| 7 | 7 Estonia | 1.22 | 2023 | +2.81% | +9.57% | View data |
| 8 | 8 Latvia | 0.62 | 2023 | +3.98% | +8.65% | View data |
| 9 | 9 Cyprus | 0.21 | 2023 | +2.53% | +3.56% | View data |
| 10 | 10 Malta | 0.12 | 2023 | +10.24% | +7.47% | View data |
