During the last five years, the total production value of machine tools in Germany somewhat continuously increased until the coronavirus pandemic hit. In 2020, machine tools production in Germany generated only 8.8 billion euros. A year after, the production value increased by two percent and reached just under nine billion euros. However, this figure was still significantly below the pre-pandemic value of over 12.6 billion euros.
Production value of machine tools in Germany from 2015 to 2021
(in billion euros)
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VDW. (June 8, 2021). Production value of machine tools in Germany from 2015 to 2021 (in billion euros) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1198672/machine-tools-production-germany/
VDW. "Production value of machine tools in Germany from 2015 to 2021 (in billion euros)." Chart. June 8, 2021. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1198672/machine-tools-production-germany/
VDW. (2021). Production value of machine tools in Germany from 2015 to 2021 (in billion euros). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1198672/machine-tools-production-germany/
VDW. "Production Value of Machine Tools in Germany from 2015 to 2021 (in Billion Euros)." Statista, Statista Inc., 8 Jun 2021, https://www.statista.com/statistics/1198672/machine-tools-production-germany/
VDW, Production value of machine tools in Germany from 2015 to 2021 (in billion euros) Statista, https://www.statista.com/statistics/1198672/machine-tools-production-germany/ (last visited December 03, 2024)
Production value of machine tools in Germany from 2015 to 2021 (in billion euros) [Graph], VDW, June 8, 2021. [Online]. Available: https://www.statista.com/statistics/1198672/machine-tools-production-germany/
