The European market for non-ferrous cast parts, other than light metals, is dominated by Italy, holding a significant share of 52.94% in 2023. Spain and Germany are notable players with shares of 16.93% and 13.59%, respectively. France and Portugal follow with 8.23% and 5.22%. The UK displays a considerable decline, noted at -13.11%. Croatia shows impressive growth with an 88.73% surge, suggesting an emerging role. Overall, Portugal and Serbia exhibited positive growth, while most others faced stagnation or minor declines. CAGR over five years indicates positive development in some smaller markets.
Future trends to watch include Croatia's continued expansion and potential boosts in production capabilities in smaller markets like Serbia and Portugal. Monitoring Italy's ability to maintain its dominance amidst shifting industrial dynamics will be crucial. Attention should be given to technological advancements and environmental regulations that could impact production and market shares across the region.
Top countries in Sold Production of Non-Ferrous Cast Parts, Other than of Light Metals, for Machinery and Mechanical Appliances Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 52.94 | 2023 | -7.38% | +0.73% | View data |
| 2 | 2 Spain | 16.93 | 2023 | +3.52% | -3.4% | View data |
| 3 | 3 Germany | 13.59 | 2023 | +2.29% | -0.25% | View data |
| 4 | 4 France | 8.23 | 2023 | +5.09% | -1.27% | View data |
| 5 | 5 Portugal | 5.22 | 2023 | +3.93% | +3.66% | View data |
| 6 | 6 Czechia | 5.05 | 2023 | |||
| 7 | 7 United Kingdom | 4.78 | 2023 | -16.89% | -13.11% | View data |
| 8 | 8 Poland | 0.56 | 2023 | +2.49% | +1.83% | View data |
| 9 | 9 Serbia | 0.4 | 2023 | +5.35% | +6.54% | View data |
| 10 | 10 Slovakia | 0.14 | 2023 | -22.95% | View data |