In 2023, Germany led European production of washers, rivets, cotters, cotter pins, and the like not threaded of copper with a notable increase of 4.26%, standing at 22.514 million euros. The United Kingdom also experienced positive growth with a 5.29% increase, while Denmark registered an impressive 18.57% rise. In contrast, Italy observed a significant decline of 21.75%, alongside negative performance in Spain and France, with decreases of 4.88% and 7.65% respectively. Overall, smaller producers like Croatia showed potential, with a year-on-year increase of 11.54%, despite their marginal market size.
Future trends to watch include potential market stabilization and growth in underperforming countries like Italy and France. Additionally, countries with recent positive trends, such as Denmark and Germany, may continue to capitalize on their expanding production capabilities, possibly influencing regional market dynamics. Emerging technologies in manufacturing and sustainability initiatives could further impact production practices and economic outputs in this sector.
Top countries in Sold Production of Washers, Rivets, Cotters, Cotter Pins and the Like Not Threaded of Copper by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22,514,000 | 2023 | +8.24% | +4.26% | View data |
| 2 | 2 Italy | 8,622,100 | 2023 | +14.12% | -21.75% | View data |
| 3 | 3 United Kingdom | 6,902,800 | 2023 | +2.29% | +5.29% | View data |
| 4 | 4 Spain | 4,750,100 | 2023 | +1.17% | -4.88% | View data |
| 5 | 5 Slovakia | 3,957,000 | 2023 | +6.51% | +2.71% | View data |
| 6 | 6 France | 3,149,400 | 2023 | +2.59% | -7.65% | View data |
| 7 | 7 Denmark | 1,627,800 | 2023 | +1.22% | +18.57% | View data |
| 8 | 8 Slovenia | 1,108,000 | 2023 | -6.5% | -6.76% | View data |
| 9 | 9 Finland | 344,550 | 2023 | +0.0081% | +5.75% | View data |
| 10 | 10 Hungary | 41,910 | 2023 | +2.17% | +6.31% | View data |
