In 2023, Germany and Italy led the European market in non-automatic lubricating pots and related machinery parts, with Germany producing goods valued at 1.3497 billion Euros and Italy at 1.1841 billion Euros. Year-on-year data shows varying trends, with significant growth observed in the Netherlands at 5.94% and Finland at 5.96%, alongside a notable decline in Belgium by 12.34%.
Over the last two years, France experienced remarkable growth at 8.08%, while Denmark's production surged by 21.19% in the same period despite being relatively small in absolute terms. The compounded annual growth rate suggests an overall positive trajectory for most countries, particularly in emerging markets like Hungary, which grew by 4.48%.
Future trends to watch include technological advancements driving efficiency and quality, potentially reshaping market dynamics. With ongoing fluctuations in national outputs, particular attention should be given to countries like Denmark, which shows substantial recent growth, and Norway, which reported a 6.11% increase, as they could signal shifts in market leadership.
Top countries in Sold Production of Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings, Hand Wheels, Levers, Hand Grips, Safety Guards and Baseplates for Machinery by Country
# | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 1,349,700,000 | 2023 | +0.85% | +0.46% | View data |
2 | 2 Italy | 1,184,100,000 | 2023 | +2.94% | +0.54% | View data |
3 | 3 Netherlands | 662,390,000 | 2023 | +1.46% | +5.94% | View data |
4 | 4 Austria | 232,140,000 | 2023 | +4.69% | -3.26% | View data |
5 | 5 Spain | 129,090,000 | 2023 | +6.41% | +0.82% | View data |
6 | 6 Hungary | 120,550,000 | 2023 | +5.68% | +4.48% | View data |
7 | 7 Poland | 59,214,000 | 2023 | +3.92% | +0.72% | View data |
8 | 8 United Kingdom | 53,762,000 | 2023 | -0.55% | +1.28% | View data |
9 | 9 France | 38,220,000 | 2023 | +8.26% | +8.08% | View data |
10 | 10 Finland | 20,790,000 | 2023 | +9.07% | +5.96% | View data |