In 2023, Germany led Europe with industrial weighing machine production valued at €157.49 million, despite a slight decline of 1.23% year-on-year. Italy followed, but with a notable 4.93% decrease from 2022. Denmark showed remarkable growth at 9.24%, reaching €70.833 million. Spain and France saw declines, while the Netherlands experienced a modest increase. Finland and Portugal emerged with significant gains, 13.83% and 14.68% respectively. However, Poland experienced a steep decline of 26.47%.
Future trends to watch include increased automation and digitalization in industrial processes driving demand in the sector. Companies might also focus on sustainability, creating lighter and more energy-efficient machines. As various European countries aim to rebound from recent downturns, collaboration on technology sharing could become more prominent.
Top countries in Sold Production of Industrial Weighing Machines by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 157,490,000 | 2023 | +2.13% | -1.23% | View data |
| 2 | 2 Italy | 103,500,000 | 2023 | +2.73% | -4.93% | View data |
| 3 | 3 Denmark | 70,833,000 | 2023 | +14.99% | +9.24% | View data |
| 4 | 4 Spain | 19,084,000 | 2023 | +5.59% | -1.46% | View data |
| 5 | 5 Netherlands | 17,348,000 | 2023 | +18.31% | +0.84% | View data |
| 6 | 6 France | 5,262,400 | 2023 | -5% | -2.89% | View data |
| 7 | 7 Hungary | 3,259,700 | 2023 | +5.76% | +1.81% | View data |
| 8 | 8 Portugal | 2,243,800 | 2023 | +11.33% | +14.68% | View data |
| 9 | 9 Finland | 1,101,800 | 2023 | +6.59% | +13.83% | View data |
| 10 | 10 Poland | 945,960 | 2023 | -21.51% | -26.47% | View data |
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