Italy leads with 83 high-growth enterprises in metals casting, despite a slight decline of 2.25% in 2023. Hungary experienced a growth of 6.96%, while Norway had the most significant increase at 31.95%, bringing its total to 4 enterprises. Portugal and Slovakia faced declines, with Portugal decreasing by 6.17% and Slovakia by 12.94%. Lithuania saw a substantial rise of 18.92%, whereas Latvia remained stable with no change. The Czech Republic experienced a sharp fall of 38.1%, only accounting for 1 enterprise.
Future trends suggest monitoring digital and sustainable innovations in metals casting, which could drive regional growth variance. Italy's prominence demonstrates potential competitive advantage, while Eastern and Northern European countries may capitalize on technological advancements to enhance development.
Top countries in Number of High Growth Enterprises in Metals Casting by Country
| # | 8 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 83 | 2023 | +16.9% | -2.25% | View data |
| 2 | 2 Hungary | 14 | 2023 | +16.67% | +6.96% | View data |
| 3 | 3 Norway | 4 | 2023 | +33.33% | +31.95% | View data |
| 4 | 4 Portugal | 4 | 2023 | 0% | -6.17% | View data |
| 5 | 5 Slovakia | 3 | 2023 | 0% | -12.94% | View data |
| 6 | 6 Lithuania | 2 | 2023 | 0% | +18.92% | View data |
| 7 | 7 Latvia | 1 | 2023 | 0% | View data | |
| 8 | 8 Czech Republic | 1 | 2023 | -66.67% | -38.1% | View data |
