The European Metal Forming Machinery Production Index indicates varied growth trends among key countries. As of 2023, Greece leads with a significant index value of 15.0, demonstrating strong production capacity. Italy follows at 10.96, maintaining a steady increase. Spain, though slightly below Italy at 10.38, shows resilience. France and Germany lag, with values of 9.41 and 7.57, reflecting declining trends. Year-on-year data highlights Greece's robust expansion (18.43%), while Italy shows modest growth (0.86%). Spain's decrease (-0.61%) and France's substantial drop (-7.09%) reveal challenges. Germany also faces contraction (-5.97%).
Future trends to watch include:
- Technological developments driving production efficiency.
- Shifts in demand due to changes in industrial needs and innovation.
- Policy impacts on industrial growth and sustainability initiatives.
- Germany and France's recovery strategies to regain competitive standing.
- Continued growth potential in emerging production markets, like Greece.
Top countries in Metal Forming Machinery Production Index by Country
| # | 5 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 150 | 2022 | +29.42% | +18.43% | View data |
| 2 | 2 Italy | 109.6 | 2022 | +7.45% | +0.86% | View data |
| 3 | 3 Spain | 103.8 | 2022 | +7.79% | -0.61% | View data |
| 4 | 4 France | 94.1 | 2022 | -0.84% | -7.09% | View data |
| 5 | 5 Germany | 75.7 | 2022 | +2.3% | -5.97% | View data |
