In 2023, European sold production of reservoirs, tanks, vats, and similar containers was led by Germany, Italy, and Poland, with Germany at the forefront at 1.68 billion Euros. Growth rates varied significantly across countries, with Germany experiencing a 3.41% increase, while the UK and Netherlands saw declines of 1.65% and 1.26%, respectively. Other notable growths were seen in Finland (8.85%) and Estonia (10.83%). However, France experienced a significant decline of 14.32%, highlighting a geographical disparity in production performance.
Future trends to watch in this sector include:
- Continued technological advancements and automation in production processes.
- Environmental considerations and regulations impacting material choices and production methods.
- The influence of global supply chain dynamics on European production.
- Variations in demand driven by infrastructure development and industrial needs.
- Potential recovery or further decline in countries currently facing negative year-on-year variations.
Top countries in Sold Production of Reservoirs, Tanks, Vats and Similar Containers by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,680,200,000 | 2023 | +2.88% | +3.41% | View data |
| 2 | 2 Italy | 1,379,200,000 | 2023 | +3.7% | +2.95% | View data |
| 3 | 3 Poland | 702,250,000 | 2023 | +3.46% | +4.59% | View data |
| 4 | 4 Spain | 558,870,000 | 2023 | +1.64% | +2.46% | View data |
| 5 | 5 United Kingdom | 264,930,000 | 2023 | -2.06% | -1.65% | View data |
| 6 | 6 Belgium | 248,030,000 | 2023 | +1.88% | +2.25% | View data |
| 7 | 7 Netherlands | 222,070,000 | 2023 | -0.93% | -1.26% | View data |
| 8 | 8 France | 168,970,000 | 2023 | -6.52% | -14.32% | View data |
| 9 | 9 Czechia | 167,060,000 | 2023 | |||
| 10 | 10 Ireland | 150,560,000 | 2023 | +7.3% | +3.21% | View data |