In 2023, Italy leads in the European sold production of non-ferrous cast parts, other than light metals, for machinery and mechanical appliances, with a value of €309.05 million. It is followed by Spain with €98.847 million and Germany with €79.365 million. Notably, Italy, Portugal, Poland, and Serbia displayed positive growth with year-on-year variations of 0.73%, 3.66%, 1.83%, and 6.54% respectively. Croatia observed the most significant rise at 88.73%. Conversely, substantial declines occurred in the United Kingdom (-13.11%) and Spain (-3.4%). Over the last five years, average variations per year suggest gradual industry changes, though specific CAGR values are not provided.
Future trends to watch include technological advancements improving efficiency in production, potential shifts in market demand towards sustainable and eco-friendly materials, and economic factors affecting manufacturing costs. Expansion in Eastern European markets like Croatia and Serbia may continue, driven by economic development and investments.
Top countries in Sold Production of Non-Ferrous Cast Parts, Other than of Light Metals, for Machinery and Mechanical Appliances by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 309,050,000 | 2023 | -7.38% | +0.73% | View data |
| 2 | 2 Spain | 98,847,000 | 2023 | +3.52% | -3.4% | View data |
| 3 | 3 Germany | 79,365,000 | 2023 | +2.29% | -0.25% | View data |
| 4 | 4 France | 48,051,000 | 2023 | +5.09% | -1.27% | View data |
| 5 | 5 Portugal | 30,478,000 | 2023 | +3.93% | +3.66% | View data |
| 6 | 6 Czechia | 29,504,000 | 2023 | |||
| 7 | 7 United Kingdom | 27,917,000 | 2023 | -16.89% | -13.11% | View data |
| 8 | 8 Poland | 3,285,300 | 2023 | +2.49% | +1.83% | View data |
| 9 | 9 Serbia | 2,362,100 | 2023 | +5.35% | +6.54% | View data |
| 10 | 10 Slovakia | 836,950 | 2023 | -22.95% | View data |
