In 2023, France and Finland showed notable growth in European mortars turnover, with France at 33.36% and Finland at 46.2%. Germany, Poland, Romania, Portugal, Greece, and Lithuania also posted positive year-on-year variations, indicating an upward trend in these markets. Conversely, Italy, Hungary, Croatia, Belgium, Serbia, and Bosnia and Herzegovina recorded declines, with Serbia showing the sharpest decrease at -24.96%.
Future trends to watch include continued growth potential in France and Finland, as their economies further adapt to industry demands. Monitoring Germany and Poland will be crucial as they maintain steady growth, while markets like Italy and Serbia may need strategic shifts to rebound.
Top countries in Mortars Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,910 | 2023 | +18.29% | +33.36% | View data |
| 2 | 2 Germany | 1,840 | 2023 | +0.1% | +5.72% | View data |
| 3 | 3 Austria | 640.6 | 2023 | +1.88% | +1.36% | View data |
| 4 | 4 Poland | 563.3 | 2023 | +3.51% | +6.01% | View data |
| 5 | 5 Czech Republic | 415.6 | 2023 | +0.46% | +0.36% | View data |
| 6 | 6 Romania | 336.6 | 2023 | +8.16% | +10.15% | View data |
| 7 | 7 Spain | 290.2 | 2023 | +1.82% | +4.4% | View data |
| 8 | 8 Italy | 221.9 | 2023 | -0.36% | -1.41% | View data |
| 9 | 9 Finland | 212.4 | 2023 | +4.12% | +46.2% | View data |
| 10 | 10 Portugal | 193.6 | 2023 | +2.92% | +6.65% | View data |
