In 2023, Italy led European production of machinery for paper and paperboard with a value of 2.0809 billion euros. Germany followed with 1.4523 billion euros, while Finland displayed significant growth, showcasing a 9.52% increase. Sweden experienced the largest year-on-year expansion at 27.83%. France and Austria saw notable declines of 3.7% and 33.21%, respectively. Countries like Poland, Denmark, and Slovenia showed positive growth momentum, whereas Hungary experienced the steepest drop at 15.2%. Over the past five years, the market saw varied performances, with some countries experiencing steady growth while others faced challenges.
Future trends to watch include technological advancements driving efficiency, sustainability initiatives influencing production, and potential shifts in demand due to emerging markets. These factors could reshape the competitive landscape for European machinery production in the paper and paperboard sector.
Top countries in Sold Production of Machinery for Paper and Paperboard Production by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,080,900,000 | 2023 | +2.73% | +0.51% | View data |
| 2 | 2 Germany | 1,452,300,000 | 2023 | +0.27% | -1.35% | View data |
| 3 | 3 Finland | 1,228,100,000 | 2023 | +3.61% | +9.52% | View data |
| 4 | 4 Spain | 330,540,000 | 2023 | +4.28% | +1.22% | View data |
| 5 | 5 Sweden | 321,400,000 | 2023 | +2.74% | +27.83% | View data |
| 6 | 6 France | 152,950,000 | 2023 | -3.12% | -3.7% | View data |
| 7 | 7 Poland | 130,170,000 | 2023 | +4.53% | +4% | View data |
| 8 | 8 United Kingdom | 125,330,000 | 2023 | -1.42% | -0.11% | View data |
| 9 | 9 Denmark | 72,409,000 | 2023 | +1.64% | +13.44% | View data |
| 10 | 10 Czechia | 55,896,000 | 2023 |