In 2023, Italy led the European light metals casting industry with 26.02% share, while Germany and Poland held notable positions with 16.54% and 9.6% respectively. Over the past year, Italy and Germany faced declines of approximately 2.68% and 2.5%. France experienced a substantial reduction of 5.18%, whereas Belgium saw a growth of 5.39%. Southern and Eastern European countries such as Portugal and Denmark showed positive growth signs, while Greece and Bosnia faced significant losses.
Future trends to watch include potential growth in Eastern Europe with Poland and Hungary maintaining upward trajectories. Continued focus on sustainable production practices and technological advancements could influence industry dynamics, with countries investing in innovations likely to gain a competitive edge.
Top countries in Light Metals Casting Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 26.02 | 2023 | -3.23% | -2.68% | View data |
| 2 | 2 Germany | 16.54 | 2023 | -2.2% | -2.5% | View data |
| 3 | 3 Poland | 9.6 | 2023 | 0% | +0.26% | View data |
| 4 | 4 United Kingdom | 7.43 | 2023 | -1.64% | -1.59% | View data |
| 5 | 5 Spain | 6.07 | 2023 | -1.01% | -1.56% | View data |
| 6 | 6 Hungary | 4.83 | 2023 | 0% | +0.26% | View data |
| 7 | 7 France | 4.28 | 2023 | -6.76% | -5.18% | View data |
| 8 | 8 Romania | 4.03 | 2023 | -4.41% | -2.82% | View data |
| 9 | 9 Czech Republic | 3.97 | 2023 | 0% | -0.39% | View data |
| 10 | 10 Slovenia | 2.04 | 2023 | 0% | 0% | View data |
