In 2023, Germany dominated European sold production of metalworking tools with a substantial market share of 55.7%. Italy held the second position at 8.58%, but with a year-on-year increase of only 1.04%. Notable positive variations were observed in the Netherlands (3.88%), Slovenia (3.04%), and Denmark (35.96%). Conversely, Spain, France, and the UK saw declines at -2.02%, -2.39%, and -2.13% respectively. Small eastern European markets like Serbia and Portugal showed double-digit growth, indicating emerging potential.
Future trends to watch include potential shifts in market shares driven by technological advancements and automation in manufacturing sectors. Countries showing high growth rates might continue their upward trajectories, possibly affecting leading countries like Germany. An increase in cross-border trade within EU nations could also influence production dynamics.
Top countries in Sold Production of Pressing, Stamping or Punching Tools for Working Metal Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 55.7 | 2023 | +6.53% | +0.39% | View data |
| 2 | 2 Italy | 8.58 | 2023 | +4% | +1.04% | View data |
| 3 | 3 Spain | 6.52 | 2023 | +7.72% | -2.02% | View data |
| 4 | 4 France | 4.16 | 2023 | +3.01% | -2.39% | View data |
| 5 | 5 United Kingdom | 3.99 | 2023 | -0.7% | -2.13% | View data |
| 6 | 6 Netherlands | 3.56 | 2023 | +3.45% | +3.88% | View data |
| 7 | 7 Slovenia | 2.73 | 2023 | +3.15% | +3.04% | View data |
| 8 | 8 Austria | 2.35 | 2023 | +2.84% | +2.9% | View data |
| 9 | 9 Czechia | 2.27 | 2023 | |||
| 10 | 10 Poland | 2.11 | 2023 | +1.95% | +3.75% | View data |
