In 2023, Italy led with 41 gazelles in structural metal products, followed by Hungary with 24. Portugal and Lithuania remained stagnant at 15 and 7 enterprises, respectively, while Romania saw a 6.51% decline to 5 enterprises. The Czech Republic and Slovakia each had 1 enterprise, with the Czech Republic experiencing a notable decrease of 12.94%.
Future trends to watch include:
- Potential growth in Hungary as it showed the highest increase at 27.94% in 2023.
- Italy's steady growth, suggesting a robust environment for young high-growth enterprises.
- Possibility of recovery or continued decline in Romania and the Czech Republic.
- The impact of stagnant trends in Portugal, Lithuania, and Slovakia on future strategic decisions.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Structural Metal Products by Country
| # | 7 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 41 | 2023 | +17.14% | +8.71% | View data |
| 2 | 2 Hungary | 24 | 2023 | +14.29% | +27.94% | View data |
| 3 | 3 Portugal | 15 | 2023 | 0% | 0% | View data |
| 4 | 4 Lithuania | 7 | 2023 | +16.67% | 0% | View data |
| 5 | 5 Romania | 5 | 2023 | 0% | -6.51% | View data |
| 6 | 6 Czech Republic | 1 | 2023 | -50% | -12.94% | View data |
| 7 | 7 Slovakia | 1 | 2023 | 0% | 0% | View data |
