Germany remains the leading producer in Europe for metal forging, pressing, stamping, and roll-forming, significantly ahead of Italy and France. While Germany experienced a 0.65% growth in 2023, Italy and Spain showed stronger growth at 2.14% and 1.03%, respectively. The United Kingdom showed a decline of 0.32%. Notable growth was observed in Hungary at 5.26% and Lithuania at 6.26%, while Sweden experienced the highest increase at 15.57%. Conversely, Slovakia saw a significant decline of 40.25%. Over the past five years, the compound annual growth rate indicates moderate to strong growth in smaller markets such as Hungary and Slovenia.
Future trends to watch include the impact of digitalization and automation on production processes. With increasing sustainability demands, there is potential for growth in eco-friendly manufacturing processes. The post-Brexit economic climate might impact the United Kingdom's production, while Eastern European countries, leveraging cost advantages, could see more significant boosts in output.
Top countries in Sold Production of Metal Forging, Pressing, Stamping and Roll-Forming by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22,686,000,000 | 2023 | +5.9% | +0.65% | View data |
| 2 | 2 Italy | 10,948,000,000 | 2023 | +3.52% | +2.14% | View data |
| 3 | 3 France | 7,358,000,000 | 2023 | +4.79% | +0.55% | View data |
| 4 | 4 Spain | 4,208,300,000 | 2023 | +6.58% | +1.03% | View data |
| 5 | 5 United Kingdom | 2,006,700,000 | 2023 | -0.51% | -0.32% | View data |
| 6 | 6 Austria | 1,346,500,000 | 2023 | +6.15% | +0.16% | View data |
| 7 | 7 Netherlands | 1,024,400,000 | 2023 | +8.75% | -1.3% | View data |
| 8 | 8 Czechia | 690,200,000 | 2023 | |||
| 9 | 9 Poland | 427,680,000 | 2023 | +5.64% | +1.95% | View data |
| 10 | 10 Hungary | 400,060,000 | 2023 | +3.54% | +5.26% | View data |
