In 2023, Italy led the European market for sold production of plastic parts for electrical machinery and TV equipment with a share of 43.15%, followed by Germany at 31.23%, and France at 4.8%. Hungary showed notable growth with a 4.91% increase year-on-year, while Germany exhibited modest growth at 0.54%. In contrast, the United Kingdom witnessed a significant decline of 12.1%.
Future trends to watch in 2024 and beyond include:
- The potential for increased production in countries like the Netherlands, which saw remarkable growth in 2023.
- The impact of technological advancements and sustainability practices on production trends across Europe.
- Ongoing shifts in global trade policies influencing supply chains and market dynamics.
Top countries in Sold Production of Plastic Parts for Electrical Machinery and Equipment, Sound Recorders and Reproducers, Television Image and Sound Recorders and Reproducers Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 43.15 | 2023 | +9.32% | +2.89% | View data |
| 2 | 2 Germany | 31.23 | 2023 | +2.47% | +0.54% | View data |
| 3 | 3 France | 4.8 | 2023 | +3.88% | +2.17% | View data |
| 4 | 4 Hungary | 4.03 | 2023 | +3.94% | +4.91% | View data |
| 5 | 5 Slovakia | 2.42 | 2023 | -0.64% | -1.15% | View data |
| 6 | 6 Czechia | 1.58 | 2023 | |||
| 7 | 7 Austria | 1.53 | 2023 | +7.13% | -0.76% | View data |
| 8 | 8 Portugal | 1.26 | 2023 | -0.61% | +1.31% | View data |
| 9 | 9 Bulgaria | 0.97 | 2023 | +3.52% | +4.06% | View data |
| 10 | 10 Finland | 0.83 | 2023 | -1.54% | -0.038% | View data |
