In 2023, Germany held the largest share in European light metals casting production with 38.28 million Euros. Italy followed significantly lower with a value of 17.03 million Euros. Emerging countries like Slovenia and Croatia showed robust growth, with notable year-on-year increases of 3.39% and 3.8%, respectively. Sweden displayed the highest growth at 5.4%, while Finland and Greece saw declines of -5.98% and -23.86%, respectively.
Future trends to watch for in European light metals casting production value include:
- Germany's dominance, reinforced by stable year-on-year increases.
- Continued growth in Sweden and Spain, driven by increased production capabilities and demand.
- Potential recovery prospects for Finland and Greece, as they face challenges to revitalize their industries.
- Emergence of smaller markets like Serbia and Belgium, gaining market share with double-digit growth rates.
Top countries in Light Metals Casting Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38.28 | 2023 | +2.56% | +0.48% | View data |
| 2 | 2 Italy | 17.03 | 2023 | +9.56% | +1.37% | View data |
| 3 | 3 France | 7.81 | 2023 | +6.06% | -1.69% | View data |
| 4 | 4 Austria | 5.99 | 2023 | +6.5% | +0.73% | View data |
| 5 | 5 Spain | 5.38 | 2023 | +7.82% | +4.91% | View data |
| 6 | 6 Poland | 4.77 | 2023 | +7.55% | +3.17% | View data |
| 7 | 7 United Kingdom | 4.15 | 2023 | +1.11% | +2.79% | View data |
| 8 | 8 Hungary | 2.95 | 2023 | +6.85% | +0.45% | View data |
| 9 | 9 Slovenia | 2.93 | 2023 | +13.6% | +3.39% | View data |
| 10 | 10 Czech Republic | 2.93 | 2023 | +3.2% | +1.93% | View data |
