In 2023, Germany led the European market for fabricated metal products, except machinery and equipment, valued at 142.52 billion Euros. Italy followed with 77.46 billion, despite a decline of 2.83%. France experienced minimal growth at 0.018%, while Poland saw a notable increase of 2.67%. The United Kingdom remained stable with a slight growth of 0.11%, and Spain experienced a decrease of 1.38%. Smaller markets such as Bosnia and Herzegovina and Lithuania demonstrated significant growth, at 6.08% and 4.35% respectively.
Future trends to watch include:
- Continued growth in Central and Eastern European countries, potentially outpacing Western counterparts.
- Technological advancements driving efficiencies, possibly increasing production values across the sector.
- Potential impact of geopolitical shifts and regulatory changes on European trade dynamics.
- Increasing focus on sustainability and innovation within the industry may reshape market leadership and competitive advantages.
Top countries in Fabricated Metal Products (Except Machinery and Equipment) Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 142,520 | 2023 | +3.93% | -0.67% | View data |
| 2 | 2 Italy | 77,460 | 2023 | -1.98% | -2.83% | View data |
| 3 | 3 France | 54,560 | 2023 | +2.65% | +0.018% | View data |
| 4 | 4 United Kingdom | 41,810 | 2023 | +0.19% | +0.11% | View data |
| 5 | 5 Spain | 35,530 | 2023 | -0.45% | -1.38% | View data |
| 6 | 6 Poland | 31,700 | 2023 | +3.13% | +2.67% | View data |
| 7 | 7 Netherlands | 21,720 | 2023 | +1.09% | +0.46% | View data |
| 8 | 8 Switzerland | 19,550 | 2023 | +2.02% | +1.7% | View data |
| 9 | 9 Austria | 16,510 | 2023 | +1.83% | +1.54% | View data |
| 10 | 10 Czech Republic | 16,030 | 2023 | +2.56% | +0.9% | View data |
