In 2023, Germany led the European market for punching and notching metal machines, comprising 48.82% of total sold production in Euros. Italy followed with a 19.8% share, while Finland and the UK accounted for 10.5% and 7.81% respectively. Spain and Belgium had moderate shares at 2.46% and 1.05%. Sweden, Portugal, and Poland contributed marginally.
From 2022 to 2023, there was a decline in leading markets: Germany (-1.43%) and the UK (-2.69%). Conversely, Italy recorded a growth of 3.22%. Spain declined significantly by 6.5%, while Poland experienced the largest drop at 14.62%.
Future trends to watch include the potential impact of technological advancements and regulatory changes on production efficiency and competitiveness, especially in dominant markets like Germany and emerging competitors like Italy. Monitoring economic conditions and manufacturing sector investments in Europe may also be crucial for understanding shifts in market dynamics.
Top countries in Sold Production of Punching and Notching Metal Machines Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48.82 | 2023 | +3.03% | -1.43% | View data |
| 2 | 2 Italy | 19.8 | 2023 | +5.12% | +3.22% | View data |
| 3 | 3 Finland | 10.5 | 2023 | +9.4% | -0.48% | View data |
| 4 | 4 United Kingdom | 7.81 | 2023 | +3.5% | -2.69% | View data |
| 5 | 5 Spain | 2.46 | 2023 | -8.23% | -6.5% | View data |
| 6 | 6 Belgium | 1.05 | 2021 | -2.57% | View data | |
| 7 | 7 Sweden | 0.19 | 2023 | +14.55% | View data | |
| 8 | 8 Portugal | 0.084 | 2023 | +13.78% | View data | |
| 9 | 9 Denmark | 0.022 | 2021 | +1390% | -21.68% | View data |
| 10 | 10 Poland | 0.014 | 2023 | -18.89% | -14.62% | View data |
