The analysis of European sold production of revolvers, pistols, non-military firearms, and similar devices shows Portugal leading significantly at 4.3598 million items, followed by Germany and Italy. In 2023, Portugal experienced a substantial increase of 114.85% year-on-year, while Germany grew by 36.1%. Other countries like Italy, Spain, and Finland also showed positive growth. However, Croatia and the United Kingdom saw declines. Over the last five years, the market experienced an average annual growth rate influenced primarily by the significant production boosts in Portugal and Germany, indicating increasing demand and significant manufacturing capacity expansion in these regions.
Future trends to watch for in the European market involve technological advancements in firearm manufacturing and shifts in regulatory environments across countries. Expect continued growth in countries with established manufacturing hubs like Portugal and Germany. Furthermore, any changes in political climate and consumer preferences for firearms for sport or personal defense could impact production levels significantly. Monitoring these factors will be essential in forecasting long-term production trends.
Top countries in Sold Production of Revolvers, Pistols, Non-Military Firearms and Similar Devices by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 4,359,800 | 2023 | +8.14% | +114.85% | View data |
| 2 | 2 Germany | 2,188,300 | 2023 | +1.35% | +36.1% | View data |
| 3 | 3 Italy | 1,278,900 | 2023 | +0.62% | +11.73% | View data |
| 4 | 4 Spain | 956,280 | 2023 | +3.51% | +9.05% | View data |
| 5 | 5 Croatia | 239,770 | 2023 | -1.86% | -5.41% | View data |
| 6 | 6 Finland | 144,330 | 2023 | +3.66% | +9.17% | View data |
| 7 | 7 United Kingdom | 21,370 | 2023 | -4.98% | -7.84% | View data |
| 8 | 8 France | 14,570 | 2023 | +25.46% | +3.81% | View data |
| 9 | 9 Czechia | 7,540 | 2023 | |||
| 10 | 10 Sweden | 2,140 | 2023 | +3.14% | View data |
