In 2023, Germany led the European production of prepared binders for foundry moulds or cores with a value of €636.6 million, showing minimal growth at 0.66%. Italy and France followed, exhibiting positive growth rates of 2.55% and 0.88%, respectively. Notably, Denmark experienced an impressive surge with a 44.3% increase. In contrast, countries like Spain and Portugal faced declines of -1.91% and -17.17%, respectively. Smaller markets like Estonia and Greece showed significant percentage increases, highlighting potential emerging players.
Future trends to watch for include:
- Technological advancements driving efficiencies in countries with low growth.
- Environmental regulations impacting production techniques and costs.
- Potential shifts due to geopolitical factors and supply chain innovations.
Top countries in Sold Production of Prepared Binders for Foundry Moulds or Cores by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 636,600,000 | 2023 | +2.12% | +0.66% | View data |
| 2 | 2 Italy | 301,070,000 | 2023 | +3.3% | +2.55% | View data |
| 3 | 3 France | 281,560,000 | 2023 | +6.44% | +0.88% | View data |
| 4 | 4 Spain | 142,710,000 | 2023 | +6.42% | -1.91% | View data |
| 5 | 5 United Kingdom | 113,220,000 | 2023 | +0.11% | +2.69% | View data |
| 6 | 6 Poland | 83,791,000 | 2023 | +3.52% | +1.56% | View data |
| 7 | 7 Denmark | 58,183,000 | 2023 | +36.54% | +44.3% | View data |
| 8 | 8 Belgium | 53,715,000 | 2023 | +0.0094% | View data | |
| 9 | 9 Sweden | 38,530,000 | 2023 | +1.77% | View data | |
| 10 | 10 Slovakia | 15,602,000 | 2023 | +0.15% | -2.22% | View data |
