The analysis of European sold production of base metal locks used for doors of buildings reveals that in 2023, Germany led the market with the highest share, followed by Spain, Italy, and the United Kingdom. France showed substantial growth at 9.38%, indicating its rising importance in the sector. Conversely, Finland and Greece experienced declines of 11.69% and 8.12%, respectively.
Looking at future trends for 2024 and beyond, expect continued expansion in key markets like Germany, Spain, and France. Emerging markets like Bulgaria and Estonia may see increased production growth due to accelerating demand, but economic shifts could create volatility in production values across Europe.
Top countries in Sold Production of Base Metal Locks Used for Doors of Buildings Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.31 | 2023 | -0.045% | +3.04% | View data |
| 2 | 2 Spain | 19.8 | 2023 | +1.12% | +2.4% | View data |
| 3 | 3 Italy | 13.93 | 2023 | +1.05% | +3.24% | View data |
| 4 | 4 United Kingdom | 12.48 | 2023 | +2.11% | +5.25% | View data |
| 5 | 5 France | 11.82 | 2023 | +1.01% | +9.38% | View data |
| 6 | 6 Austria | 4.65 | 2023 | +3.61% | +3.27% | View data |
| 7 | 7 Romania | 3.16 | 2023 | +3.06% | +0.82% | View data |
| 8 | 8 Portugal | 1.25 | 2023 | +0.37% | +6.36% | View data |
| 9 | 9 Czechia | 0.98 | 2023 | |||
| 10 | 10 Bulgaria | 0.21 | 2023 | +1.19% | +3.44% | View data |
