In 2023, Germany dominated European sold production of parts and accessories for metal-cutting machine tools with a 71.17% share. Italy and France followed with 8.06% and 6.38% respectively. Austria showed notable growth at 3.19%, while Finland and Bulgaria led percentage increases with 6.0% and 6.12% year-on-year. However, countries like Slovenia and the Netherlands experienced declines. Germany, Italy, and France showed stable trends.
Future trends to watch include technological advancements and automation adoption influencing production and demand. Shifts in manufacturing paradigms and trade agreements may also impact specific country contributions, particularly for emerging markets like Poland and Spain. Pay attention to sustainability requirements and digital integration as potential growth catalysts.
Top countries in Sold Production of Parts and Accessories for Metal Cutting Machine Tools Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 71.17 | 2023 | +7.19% | -0.37% | View data |
| 2 | 2 Italy | 8.06 | 2023 | +6.99% | -1.42% | View data |
| 3 | 3 France | 6.38 | 2023 | +7.28% | +0.18% | View data |
| 4 | 4 Austria | 3.48 | 2023 | +9.14% | +3.19% | View data |
| 5 | 5 Czechia | 3.23 | 2023 | |||
| 6 | 6 Poland | 2.72 | 2023 | +2.51% | +1.08% | View data |
| 7 | 7 Spain | 2.12 | 2023 | +4.25% | +2.91% | View data |
| 8 | 8 Romania | 1.85 | 2023 | +2.96% | +2.52% | View data |
| 9 | 9 Slovakia | 1.78 | 2023 | +3.14% | -0.63% | View data |
| 10 | 10 Sweden | 1.27 | 2023 | +8.48% | +4.42% | View data |
