In 2024, Germany remains the predominant force in European Computer, Electronic, and Optical Products Manufacturing, with an output value of 104.48 billion euros. Austria follows with 14.61 billion euros, showing strong growth. The Netherlands, at 12.37 billion euros, experienced a significant decline. Lithuania, Slovenia, and Cyprus saw increases, with Lithuania leading in relative growth. Croatia had a marginal decrease. In 2023, Germany grew 2.12%, Austria surged by 9.76%, and the Netherlands dropped by 18.06%. Lithuania's output expanded by 28.4%, while Slovenia rose 11.44%. Cyprus grew 2.96%, contrasting Croatia's slight 0.87% dip.
Future trends to watch include:
- Technological advancement in Germany and Austria, sustaining their growth momentum.
- Potential recovery initiatives in the Netherlands to reverse the declining trend.
- Continued growth in emerging markets like Lithuania and Slovenia, driven by innovation and investment.
- The impact of geopolitical and economic factors on Croatia's fragile output.
- Small, but steady, improvements in smaller markets such as Cyprus.
Top countries in Computer, Electronic and Optical Products Manufacturing Output by Country
| # | 7 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 104,480 | 2023 | +1.96% | +2.12% | View data |
| 2 | 2 Austria | 14,610 | 2023 | +9.3% | +9.76% | View data |
| 3 | 3 Netherlands | 12,370 | 2023 | -20.21% | -18.06% | View data |
| 4 | 4 Lithuania | 1,530 | 2023 | +19.58% | +28.4% | View data |
| 5 | 5 Slovenia | 1,250 | 2023 | +3.98% | +11.44% | View data |
| 6 | 6 Croatia | 464.75 | 2023 | -0.95% | -0.87% | View data |
| 7 | 7 Cyprus | 57.4 | 2023 | +3.05% | +2.96% | View data |
