The 2023 analysis of the European metals casting industry indicates Germany as a dominant market player with significant turnover share. Italy, Spain, UK, and France follow, with Germany outstripping its counterparts by a large margin. Year-on-year data reveal varied performance, with countries like Serbia and Slovakia showing positive growth, whereas France and Bosnia and Herzegovina experienced substantial declines. Compound annual growth rates (CAGR) over the past five years suggest a shifting landscape, reflecting both economic and industrial challenges.
Future trends to consider include:
- Technological advancements and their adoption across countries.
- The impact of sustainability and environmental regulations.
- The influence of geopolitical factors on material and labor availability.
- Potential growth in Eastern European countries leveraging cost-effective production capabilities.
Top countries in Metals Casting Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 39.77 | 2023 | +5.37% | -0.92% | View data |
| 2 | 2 Italy | 15.5 | 2023 | +5.62% | -1.3% | View data |
| 3 | 3 Spain | 6.71 | 2023 | +1.97% | -1.7% | View data |
| 4 | 4 United Kingdom | 5.47 | 2023 | +1.03% | +0.53% | View data |
| 5 | 5 France | 4.86 | 2023 | -5.39% | -9.47% | View data |
| 6 | 6 Poland | 4.5 | 2023 | +7.32% | +1.19% | View data |
| 7 | 7 Austria | 3.62 | 2023 | +4.94% | +0.96% | View data |
| 8 | 8 Czech Republic | 2.52 | 2023 | +3.54% | -1.41% | View data |
| 9 | 9 Slovenia | 2.21 | 2023 | +9.37% | +1.15% | View data |
| 10 | 10 Netherlands | 1.93 | 2023 | +6.58% | -0.43% | View data |
