In 2023, the European light metals casting turnover saw Germany leading with the highest market share, followed by Italy and France. Over the past year, many countries experienced varying growth rates. Spain, Poland, and the United Kingdom reported significant positive growth, while France experienced a decline. Serbia and Belgium showed remarkable growth rates of 13.13% and 11.59%, respectively, indicating a movement towards increased casting activity in these regions. Meanwhile, Finland registered a decline.
Future trends to monitor include advancements in lightweight materials for automotive and aerospace industries, potentially boosting demand for casting in countries with evolving manufacturing sectors such as Eastern Europe. A focus on sustainable practices and materials could further shape the market dynamics in the coming years.
Top countries in Light Metals Casting Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 37.76 | 2023 | +2.54% | +0.021% | View data |
| 2 | 2 Italy | 15.88 | 2023 | +8.87% | +0.93% | View data |
| 3 | 3 France | 8.04 | 2023 | +6.59% | -1.53% | View data |
| 4 | 4 Austria | 5.73 | 2023 | +6.42% | +0.91% | View data |
| 5 | 5 Spain | 5.21 | 2023 | +7.66% | +4.86% | View data |
| 6 | 6 Poland | 4.71 | 2023 | +7.43% | +3.67% | View data |
| 7 | 7 United Kingdom | 4.58 | 2023 | +1.62% | +3.27% | View data |
| 8 | 8 Slovenia | 3.86 | 2023 | +11.32% | +1.96% | View data |
| 9 | 9 Hungary | 3.02 | 2023 | +6.47% | +0.32% | View data |
| 10 | 10 Czech Republic | 2.27 | 2023 | -1.38% | -3.48% | View data |
