In 2023, the European consumer electronics production was led by Poland and Hungary, with notable performances also in Germany and the United Kingdom. Despite a strong production base, some countries faced declines; the UK saw an 8.79% decrease and Italy a 5.65% drop. Conversely, Hungary experienced a significant rise of 39.49%, while Estonia had a 57.23% growth. On a five-year perspective, Poland and Germany maintained steady production levels, indicating mature markets.
Future trends to watch include:
- Technological advancements driving production increases in leading countries like Poland and Hungary.
- Potential recovery and growth opportunities in markets experiencing declines, such as the UK and Italy.
- Emerging growth in smaller markets like Estonia and Greece showing significant percentage increases.
Top countries in Sold Production of Consumer Electronics by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 3,525,800,000 | 2023 | +0.29% | +0.66% | View data |
| 2 | 2 Hungary | 2,546,000,000 | 2023 | +4.36% | +39.49% | View data |
| 3 | 3 Germany | 1,076,200,000 | 2023 | +5.69% | +0.69% | View data |
| 4 | 4 United Kingdom | 272,450,000 | 2023 | -12.29% | -8.79% | View data |
| 5 | 5 Denmark | 223,780,000 | 2023 | +0.022% | +3.4% | View data |
| 6 | 6 Italy | 181,740,000 | 2023 | -0.35% | -5.65% | View data |
| 7 | 7 Czechia | 138,620,000 | 2023 | |||
| 8 | 8 France | 101,240,000 | 2023 | -36.48% | -12.81% | View data |
| 9 | 9 Spain | 98,402,000 | 2023 | +17.69% | +7.05% | View data |
| 10 | 10 Portugal | 66,515,000 | 2023 | -17.72% | -44.25% | View data |