The United Kingdom led European production in 2023 with 55.32 thousand items. Italy experienced a significant decline of 33.31%, while Denmark saw a notable increase of 34.27%. Germany held a stable position with a slight dip of 0.18%. Positive growth was observed in Finland with 11.15%, while Hungary and Sweden recorded double-digit declines of 12.27% and 11.2% respectively. Other countries, such as Slovenia and Spain, showed modest growth.
Future trends to watch include shifts towards automation and sustainable practices, with innovation in machinery likely becoming a focal point. Countries with declining production may need to adapt to remain competitive in an evolving market landscape.
Top countries in Sold Production of Machinery for Paper and Paperboard Production Excluding Parts by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 55,320 | 2023 | +5.58% | +4.72% | View data |
| 2 | 2 Italy | 31,600 | 2023 | +2.18% | -33.31% | View data |
| 3 | 3 Denmark | 19,790 | 2023 | +21.64% | +34.27% | View data |
| 4 | 4 Germany | 12,920 | 2023 | -0.86% | -0.18% | View data |
| 5 | 5 Finland | 7,740 | 2023 | +21.14% | +11.15% | View data |
| 6 | 6 Spain | 2,080 | 2023 | +2.99% | +0.59% | View data |
| 7 | 7 France | 1,410 | 2023 | -6.61% | -1.27% | View data |
| 8 | 8 Hungary | 1,020 | 2023 | +4.41% | -12.27% | View data |
| 9 | 9 Sweden | 520 | 2023 | +1.17% | -11.2% | View data |
| 10 | 10 Czechia | 329 | 2023 |
