In 2023, Italy led the European light metals casting sector with 420 enterprises, followed by Germany and Poland with 267 and 155 enterprises, respectively. Countries like Belgium and Denmark showed positive growth rates of 5.39% and 2.71%, respectively, while France and Sweden experienced significant declines at -5.18% and -5.87%. The sector overall shows stability, although with slight contractions in several major markets.
Looking into the future, trends to watch include continued consolidation in larger markets, potential growth in Central and Eastern European countries, and technological advancements driving efficiencies and possibly leading to further enterprise concentration. Regulatory changes and sustainability initiatives may also impact the landscape significantly.
Top countries in Light Metals Casting Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 420 | 2023 | -3.23% | -2.68% | View data |
| 2 | 2 Germany | 267 | 2023 | -2.2% | -2.5% | View data |
| 3 | 3 Poland | 155 | 2023 | 0% | +0.26% | View data |
| 4 | 4 United Kingdom | 120 | 2023 | -1.64% | -1.59% | View data |
| 5 | 5 Spain | 98 | 2023 | -1.01% | -1.56% | View data |
| 6 | 6 Hungary | 78 | 2023 | 0% | +0.26% | View data |
| 7 | 7 France | 69 | 2023 | -6.76% | -5.18% | View data |
| 8 | 8 Romania | 65 | 2023 | -4.41% | -2.82% | View data |
| 9 | 9 Czech Republic | 64 | 2023 | 0% | -0.39% | View data |
| 10 | 10 Slovenia | 33 | 2023 | 0% | 0% | View data |
