Germany holds the largest share in European metals casting production with 40.72 million euros, indicating its dominance in the market despite a slight decrease in value by 6.4% from the previous year.
Other significant contributors include Italy with 16.13 million euros and Spain with 6.79 million euros; both witnessed a decline, 1.15% and 1.64% respectively, reflecting a broader European trend.
The United Kingdom saw a modest 0.37% increase, while Poland, Austria, and Hungary recorded growths of 0.93%, 0.32%, and 0.72% respectively, suggesting potential emerging opportunities in these regions.
France suffered a substantial decline of 8.92%, marking a weaker performance among major economies.
Smaller markets like Serbia and Slovakia experienced notable growths at 8.82% and 2.95% respectively, possibly indicating a shift toward Eastern Europe for metals casting production.
Future trends to watch include potential recovery and growth in Eastern Europe, alongside ongoing challenges in Western Europe due to economic uncertainties, possibly leading to further regional shifts in production value. Sustainability and technological advancements may influence competitiveness and market dynamics within the European metals casting industry.
Top countries in Metals Casting Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.72 | 2023 | +5.63% | -0.064% | View data |
| 2 | 2 Italy | 16.13 | 2023 | +6.34% | -1.15% | View data |
| 3 | 3 Spain | 6.79 | 2023 | +2.23% | -1.64% | View data |
| 4 | 4 United Kingdom | 5.04 | 2023 | +0.95% | +0.37% | View data |
| 5 | 5 France | 4.74 | 2023 | -5.35% | -8.92% | View data |
| 6 | 6 Poland | 4.46 | 2023 | +7.51% | +0.93% | View data |
| 7 | 7 Austria | 3.53 | 2023 | +4.48% | +0.32% | View data |
| 8 | 8 Czech Republic | 2.54 | 2023 | +3.51% | -1.29% | View data |
| 9 | 9 Netherlands | 1.83 | 2023 | +6.97% | -0.37% | View data |
| 10 | 10 Slovenia | 1.77 | 2023 | +5.69% | -1.18% | View data |
