In 2023, Germany led the European fabricated metal products sector with the highest turnover share at 26.45 million Euros. While Germany experienced a slight decline of 0.8%, countries such as Poland, Sweden, and Ireland saw notable increases of 2.52%, 2.84%, and 4.23% respectively. Conversely, Italy and Spain showed significant declines of 2.75% and 5.12%. Other countries like Switzerland, Romania, and Bosnia and Herzegovina also demonstrated positive trends with steady growth rates. This suggests a diversified growth trend across Europe, with Eastern European countries showing a general to moderate positive turn.
Looking ahead, the European fabricated metal products industry is expected to experience diverse trends by country. Potential opportunities exist in Eastern Europe, where countries such as Slovakia, Lithuania, and Estonia show promising growth potential. Monitoring geopolitical factors, supply chain advancements, and economic policies will be crucial for future market evaluations and strategic planning.
Top countries in Fabricated Metal Products (Except Machinery and Equipment) Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.45 | 2023 | +1.53% | -0.8% | View data |
| 2 | 2 Italy | 13.45 | 2023 | -1.86% | -2.75% | View data |
| 3 | 3 France | 10.56 | 2023 | +0.65% | +0.11% | View data |
| 4 | 4 United Kingdom | 7.56 | 2023 | +0.092% | +0.095% | View data |
| 5 | 5 Poland | 6.16 | 2023 | +3.22% | +2.52% | View data |
| 6 | 6 Spain | 5.15 | 2023 | -5.92% | -5.12% | View data |
| 7 | 7 Netherlands | 3.96 | 2023 | +1.3% | +0.21% | View data |
| 8 | 8 Switzerland | 3.39 | 2023 | +2% | +1.97% | View data |
| 9 | 9 Austria | 2.99 | 2023 | +1.76% | +0.68% | View data |
| 10 | 10 Czech Republic | 2.91 | 2023 | +2.58% | +0.94% | View data |
