In 2023, Germany led European light metals casting with €6.92 billion turnover. Italy and France were also significant contributors, despite France seeing a 1.53% decline from the previous year. Meanwhile, Spain’s turnover grew by 4.86%, and Belgium reported the most significant increase at 11.59%. Other notable increases were seen in Serbia and Bulgaria, at 13.13% and 6.66% respectively. Conversely, Finland faced a 5.02% decline.
Looking ahead, key trends include the potential for increased growth in Spain and Belgium. Monitoring technological advancements and eco-friendly practices will be crucial for sustained growth in this sector across Europe. Consideration of regional economic stability and supply chain adaptations will further impact future turnover.
Top countries in Light Metals Casting Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 6,920 | 2023 | +2.54% | +0.021% | View data |
| 2 | 2 Italy | 2,910 | 2023 | +8.87% | +0.93% | View data |
| 3 | 3 France | 1,470 | 2023 | +6.59% | -1.53% | View data |
| 4 | 4 Austria | 1,050 | 2023 | +6.42% | +0.91% | View data |
| 5 | 5 Spain | 953.9 | 2023 | +7.66% | +4.86% | View data |
| 6 | 6 Poland | 863.2 | 2023 | +7.43% | +3.67% | View data |
| 7 | 7 United Kingdom | 838.7 | 2023 | +1.62% | +3.27% | View data |
| 8 | 8 Slovenia | 707 | 2023 | +11.32% | +1.96% | View data |
| 9 | 9 Hungary | 553.2 | 2023 | +6.47% | +0.32% | View data |
| 10 | 10 Czech Republic | 415 | 2023 | -1.38% | -3.48% | View data |