In 2023, Germany led the European sold production of knives and cutting blades with a value of 63.106 million euros, reflecting a modest 5.5% growth. France followed with 9.8017 million euros, showing a decline of 1.23%. Italy and Croatia faced significant contractions, dropping by 17.16% and 4.78% respectively. Denmark experienced notable growth of 8.86%. Over the past five years, the overall trend displayed diverse dynamics across these countries, impacting the average annual growth rate.
Future trends to watch include:
- Germany's potential to strengthen its market dominance through continued innovation.
- Efforts by France and Italy to reverse declining trends in their production sectors.
- Denmark's growth trajectory, which may signal increased competitive presence.
Top countries in Sold Production of Knives and Cutting Blades for Agricultural, Horticultural or Forestry Machines by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 63,106,000 | 2023 | +2.05% | +0.055% | View data |
| 2 | 2 France | 9,801,700 | 2023 | +2.55% | -1.23% | View data |
| 3 | 3 Italy | 1,887,200 | 2023 | +46.88% | -17.16% | View data |
| 4 | 4 Croatia | 1,558,400 | 2023 | +3.53% | -4.78% | View data |
| 5 | 5 Denmark | 541,850 | 2023 | +0.097% | +8.86% | View data |
