In 2023, France led the European production of casks, barrels, vats, tubs, and coopers products of wood with a significant output value, despite a slight decline of 1.63% from the previous year. Spain and Austria followed, with respective year-on-year growth of 3.88% and 4.43%. Lithuania showed the most substantial growth at 15.99%. However, Finland and Denmark faced declines, notably Denmark with a sharp drop of 31.26%. The industry across Europe experienced varying trends, with some countries expanding their production capabilities while others experienced contraction.
Future trends to watch in the industry include the potential for technological integration to enhance efficiency, increasing demand for high-quality European coopers products globally, and potential supply chain challenges due to geopolitical factors and environmental policies driving sustainable production practices.
Top countries in Sold Production of Casks, Barrels, Vats, Tubs and Coopers Products of Wood by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 773,060,000 | 2023 | +1.71% | -1.63% | View data |
| 2 | 2 Spain | 144,650,000 | 2023 | +6.12% | +3.88% | View data |
| 3 | 3 Austria | 14,538,000 | 2023 | +3.97% | +4.43% | View data |
| 4 | 4 Hungary | 13,239,000 | 2023 | +0.93% | -1.83% | View data |
| 5 | 5 Lithuania | 6,115,500 | 2023 | +6.2% | +15.99% | View data |
| 6 | 6 Italy | 5,512,000 | 2021 | -63.08% | -12.79% | View data |
| 7 | 7 Finland | 3,274,800 | 2023 | +0.95% | -5.72% | View data |
| 8 | 8 Romania | 2,072,500 | 2023 | +1.46% | +1.2% | View data |
| 9 | 9 Croatia | 915,290 | 2023 | +4.08% | +3.56% | View data |
| 10 | 10 Estonia | 166,530 | 2023 | +11.13% | +1.49% | View data |