In 2023, Germany dominated the European sold production of light metal casting services, capturing over 44% of the market. Italy and France trailed Germany, with around 16% and 8% market share respectively. While Germany and Italy experienced moderate growth, countries like Hungary and Romania witnessed notable increases of over 2% and 5% respectively. Conversely, the UK and Netherlands faced declines of over 2%. Croatia and Estonia also showed positive trends, indicating emerging potential.
Future trends to watch include technological advancements in casting processes and automation, rising environmental regulations pushing for eco-friendly production, and potential market shifts driven by geopolitical and economic factors in Europe.
Top countries in Sold Production of Light Metal Casting Services Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 44.56 | 2023 | +7.53% | +0.67% | View data |
| 2 | 2 Italy | 15.77 | 2023 | +2.94% | +1.12% | View data |
| 3 | 3 France | 8.05 | 2023 | -0.19% | -1.26% | View data |
| 4 | 4 Spain | 7.72 | 2023 | +8.73% | +1.25% | View data |
| 5 | 5 Austria | 5.71 | 2023 | +10.55% | -0.65% | View data |
| 6 | 6 Czechia | 4.25 | 2023 | |||
| 7 | 7 United Kingdom | 3.74 | 2023 | -0.096% | -2.71% | View data |
| 8 | 8 Hungary | 3.53 | 2023 | +3.4% | +2.29% | View data |
| 9 | 9 Sweden | 1.97 | 2023 | +7.47% | +1.51% | View data |
| 10 | 10 Netherlands | 1.83 | 2023 | +16.89% | -2.64% | View data |
