In 2024, Italy dominated the European metallurgy machinery turnover, recording a significant share of 52.85 million Euros, up by 3.1% from 2023. Germany followed with 19.8 million Euros, despite a 7.27% decline. Austria and Spain showed moderate growth with turnover at 11.74 million Euros and 6.32 million Euros respectively, both experiencing slight year-on-year increases. The Czech Republic and Slovenia also saw mild growths, while Scandinavian countries like Sweden and Finland showed positive but modest figures. Conversely, significant declines were noted in France (100% drop), UK (-6.8%), and Romania (-5.63%). Remarkably, Denmark achieved notable growth at 12.2%, and Croatia maintained an 8.45% increase.
Future trends to watch for include Italy's sustained growth in turnover, potential rebounds in Germany and the UK, and continued positive trends in Denmark and Croatia. Monitoring technological advancements and market demands in metallurgy machinery will be crucial in predicting future performance and regional shifts in share.
Top countries in Metallurgy Machinery Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 52.85 | 2023 | +3.56% | +3.1% | View data |
| 2 | 2 Germany | 19.8 | 2023 | -5.03% | -7.27% | View data |
| 3 | 3 Austria | 11.74 | 2023 | +5.2% | +1.7% | View data |
| 4 | 4 Spain | 6.32 | 2023 | +0.93% | +1.53% | View data |
| 5 | 5 Czech Republic | 2.11 | 2023 | +7.93% | +1.83% | View data |
| 6 | 6 Slovenia | 1.32 | 2023 | +3.42% | +1.88% | View data |
| 7 | 7 Sweden | 1.13 | 2023 | +2.51% | +2.59% | View data |
| 8 | 8 United Kingdom | 0.94 | 2023 | -3.35% | -6.8% | View data |
| 9 | 9 France | 0.43 | 2023 | -100% | -100% | View data |
| 10 | 10 Romania | 0.43 | 2023 | +2.91% | -5.63% | View data |
