The analysis of the 2023 data for European Environmental Protection Related Ancillary Output in Waste Management in the manufacture of machinery and equipment reveals that Germany leads significantly with a market value of 63.32 million euros. Italy and Austria follow at a distance, with values at 9.83 and 9.02 million euros respectively. Spain and France contribute less substantially, hovering at 7.9 and 4.36 million euros. Slovakia, Portugal, and the remaining countries show minor contributions, each below 3 million euros. Notably, Lithuania had the highest year-on-year growth in 2023 with an increase of 5.92%.
Future trends suggest Germany will continue to dominate, driven by its robust machinery sector and environmental policies. However, opportunities lie in Italy and Austria, which could benefit from increased investment in green technologies. Rising growth in smaller markets, such as Lithuania, indicates an emerging focus on environmental innovations across Europe. Monitoring policy changes and technological advancements in waste management across these nations will be crucial for identifying growth opportunities and potential shifts in market dynamics.
Top countries in Environmental Protection Related Ancillary Output in Waste Management in Manufacture of Machinery and Equipment by the Business Sector Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 63.32 | 2023 | +3.65% | +3.99% | View data |
| 2 | 2 Italy | 9.83 | 2023 | +1.04% | -0.2% | View data |
| 3 | 3 Austria | 9.02 | 2023 | +1.14% | +0.69% | View data |
| 4 | 4 Spain | 7.9 | 2023 | +1.3% | 0% | View data |
| 5 | 5 France | 4.36 | 2023 | -8.51% | -6.75% | View data |
| 6 | 6 Slovakia | 2.23 | 2023 | 0% | -0.89% | View data |
| 7 | 7 Portugal | 1.72 | 2023 | 0% | +1.22% | View data |
| 8 | 8 Belgium | 0.61 | 2023 | 0% | -3.04% | View data |
| 9 | 9 Finland | 0.41 | 2023 | 0% | -4.36% | View data |
| 10 | 10 Lithuania | 0.41 | 2023 | 0% | +5.92% | View data |
