Based on the 2023 data, Germany leads in manufacturing output with €254.43 billion, followed by Italy at €160.36 billion. Austria and the Netherlands trail behind with €48.16 billion and €44.65 billion respectively. Notably smaller outputs are seen in Portugal (€11.56 billion), Greece (€9.73 billion), and other smaller economies like Latvia (€1.22 billion), Cyprus (€0.4544 billion), and Malta (€0.23566 billion). Year-on-year variation shows the Netherlands (+7.68%) and Malta (+9.8%) with the highest growth rates, indicating a trend of increasing output in smaller markets.
Future trends to watch include technological advancements, sustainability initiatives, and geopolitical factors, which could drive shifts in production and competitiveness across European countries. Germany and Italy are likely to maintain their leading positions, but emerging growth in smaller markets should not be overlooked.
Top countries in Basic Metals and Fabricated Metal Products Manufacturing Output by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 254,430 | 2023 | +1.21% | +0.36% | View data |
| 2 | 2 Italy | 160,360 | 2023 | +4.03% | +0.2% | View data |
| 3 | 3 Austria | 48,160 | 2023 | +1.84% | +6.11% | View data |
| 4 | 4 Netherlands | 44,650 | 2023 | +2.95% | +7.68% | View data |
| 5 | 5 Portugal | 11,560 | 2023 | +2.02% | +2.58% | View data |
| 6 | 6 Greece | 9,730 | 2023 | +2.57% | +4.91% | View data |
| 7 | 7 Latvia | 1,220 | 2023 | +1.78% | +8.56% | View data |
| 8 | 8 Cyprus | 454.4 | 2023 | +2.27% | +3.27% | View data |
| 9 | 9 Malta | 235.66 | 2023 | +18.73% | +9.8% | View data |
