The 2023 data for European high growth enterprises in fabricated metal products (except machinery and equipment) reveals Italy leading with 2.16 thousand enterprises, while Hungary shows significant growth. Norway's enterprises surged by 33.52%, contrasting Italy's decrease by 1.94%. The variations in Hungary, Portugal, and Iceland showcase positive trends, whereas Latvia and Romania's enterprises contracted year-on-year. The five-year CAGR indicates potential fluctuations in growth, reflecting both market challenges and opportunities in fabricated metal industries across Europe.
Future Trends to Watch:
- Technological advancements fostering efficiency in metal fabrication.
- Increasing demand for sustainable and recyclable metal products.
- Potential impact of EU policies on industrial growth and environmental standards.
- Shift towards digitalization and automation in metal fabrication processes.
- Emerging markets and partnerships within Europe boosting growth prospects.
Top countries in Number of High Growth Enterprises in Fabricated Metal Products (Except Machinery and Equipment) by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,160 | 2023 | +13.19% | -1.94% | View data |
| 2 | 2 Hungary | 837 | 2023 | +18.22% | +10.12% | View data |
| 3 | 3 Portugal | 621 | 2023 | +14.89% | +4.82% | View data |
| 4 | 4 Czech Republic | 573 | 2023 | +9.56% | -0.75% | View data |
| 5 | 5 Slovakia | 251 | 2023 | +11.56% | +0.65% | View data |
| 6 | 6 Norway | 174 | 2023 | +32.82% | +33.52% | View data |
| 7 | 7 Lithuania | 150 | 2023 | +10.29% | +4.22% | View data |
| 8 | 8 Romania | 104 | 2023 | +6.12% | -4.51% | View data |
| 9 | 9 Latvia | 35 | 2023 | -7.89% | -6.51% | View data |
| 10 | 10 Iceland | 12 | 2023 | +9.09% | +3.71% | View data |
