Italy leads the European production of light metal castings, valued at 534.94 million euros, showing growth of 3.15% year-on-year. Germany and France follow, with Germany experiencing a slight decline of 0.71%, while France grows 1.28%. Czechia and Spain demonstrate moderate production, with Spain leading in percentage increase at 5.32%. Countries like Sweden and Bulgaria showcase high percentage growth, 13.0% and 10.63%, respectively. The European market showcases diverse performances, with Poland, Croatia, and the Netherlands having moderate growth, and Portugal seeing a small decline.
Future trends to watch include the advancement of automation and smart technologies, which could influence production efficiency. Green initiatives and environmental regulations are expected to drive the demand for sustainable production methods. Economic stability and policy changes within the European Union may also impact the light metal castings industry, with growth potentially shifting to countries with greater economic incentives. Additionally, global supply chain dynamics post-pandemic could further redefine market leadership and competitiveness within this sector.
Top countries in Sold Production of Light Metal Castings for Machinery and Mechanical Appliances by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 534,940,000 | 2023 | +2.27% | +3.15% | View data |
| 2 | 2 Germany | 258,520,000 | 2023 | +4.24% | -0.71% | View data |
| 3 | 3 France | 178,810,000 | 2023 | +8.71% | +1.28% | View data |
| 4 | 4 Czechia | 128,090,000 | 2023 | |||
| 5 | 5 Spain | 86,722,000 | 2023 | +8.57% | +5.32% | View data |
| 6 | 6 United Kingdom | 71,738,000 | 2023 | +1.49% | +0.68% | View data |
| 7 | 7 Hungary | 70,755,000 | 2023 | +3.85% | +1.55% | View data |
| 8 | 8 Netherlands | 35,576,000 | 2023 | +2.88% | +2.69% | View data |
| 9 | 9 Slovakia | 22,912,000 | 2023 | +3.61% | +0.24% | View data |
| 10 | 10 Sweden | 17,028,000 | 2023 | +2.32% | +13% | View data |
