In 2023, Italy led the sold production of electronic and electric wires in Europe with 28.45% share by value, followed by Germany at 18.82% and France at 11.36%. Notable year-on-year changes in 2023 include a substantial increase in Germany by 21.56% and a significant decline in Spain by 18.83%. Austria showed a marked growth of 17.82%, whereas the UK experienced a minor decrease of 2.23%. Over the past five years, countries like Germany and Italy have consistently expanded their production capacity, highlighting a robust growth trend.
For future trends, keep an eye on:
- The potential recovery of Spain's production output.
- Continuous expansion in Germany and Italy, capitalizing on existing favorable conditions.
- The impact of technological advancements and sustainability trends on wire production across Europe.
- The role of Eastern European countries in potentially increasing their market share as they enhance production capabilities.
Top countries in Sold Production of Electronic and Electric Wires Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 28.45 | 2023 | +1.36% | +4.04% | View data |
| 2 | 2 Germany | 18.82 | 2023 | +0.019% | +21.56% | View data |
| 3 | 3 France | 11.36 | 2023 | +5.22% | +1.52% | View data |
| 4 | 4 Poland | 5.83 | 2023 | +2.66% | +1.42% | View data |
| 5 | 5 United Kingdom | 4.28 | 2023 | -1.35% | -2.23% | View data |
| 6 | 6 Sweden | 4.23 | 2023 | +3.02% | +1.58% | View data |
| 7 | 7 Czechia | 2.95 | 2023 | |||
| 8 | 8 Romania | 2.93 | 2023 | +2.23% | +9.4% | View data |
| 9 | 9 Spain | 2.46 | 2023 | +2.24% | -18.83% | View data |
| 10 | 10 Hungary | 2.32 | 2023 | +2.52% | +0.47% | View data |
