In 2023, Italy dominated the European high growth enterprises in metals casting with a substantial lead, representing 72.07 units. Hungary followed with 12.16 units, showing promising growth with a 6.96% year-on-year increase. Norway and Lithuania experienced notable growth at 31.95% and 18.92%, respectively. Portugal, Slovakia, and the Czech Republic faced declines of 6.17%, 12.94%, and 38.1%. Latvia showed stability with no change.
Future trends to watch in this sector include increased growth potential for Hungary and Norway, given their recent positive trajectory. Monitoring Italy's strategic initiatives will be crucial to understanding its continued dominance or potential market shifts.
Top countries in Number of High Growth Enterprises in Metals Casting Share by Country (Units (Enterprises))
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 72.07 | 2023 | +16.9% | -2.25% | View data |
| 2 | 2 Hungary | 12.16 | 2023 | +16.67% | +6.96% | View data |
| 3 | 3 Norway | 3.47 | 2023 | +33.33% | +31.95% | View data |
| 4 | 4 Portugal | 3.47 | 2023 | 0% | -6.17% | View data |
| 5 | 5 Slovakia | 2.61 | 2023 | 0% | -12.94% | View data |
| 6 | 6 Lithuania | 1.74 | 2023 | 0% | +18.92% | View data |
| 7 | 7 Latvia | 0.87 | 2023 | 0% | View data | |
| 8 | 8 Czech Republic | 0.87 | 2023 | -66.67% | -38.1% | View data |
