In 2023, Italy led the European market for high-growth enterprises in structural metal products, representing a significant 40.74% market share. Hungary and Portugal followed with 18.36% and 16.72% respectively. Notably, Norway exhibited the greatest year-on-year increase of 22.55% in 2023. Conversely, Latvia experienced a slight decline of -0.97% in its enterprises.
Future trends to watch include Italy's continued dominance, though its growth may moderate, while Norway's rapid expansion indicates potential for significant market share growth. Emerging markets like Hungary and Portugal could also play a vital role in shaping the competitive landscape.
Top countries in Number of High Growth Enterprises in Structural Metal Products Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 40.74 | 2023 | +18.7% | +5.93% | View data |
| 2 | 2 Hungary | 18.36 | 2023 | +17.14% | +13.03% | View data |
| 3 | 3 Portugal | 16.72 | 2023 | +17.07% | +8.45% | View data |
| 4 | 4 Czech Republic | 8.11 | 2023 | +13.99% | +3.09% | View data |
| 5 | 5 Romania | 3.43 | 2023 | +18.97% | +6.65% | View data |
| 6 | 6 Lithuania | 3.13 | 2023 | +8.62% | +3.52% | View data |
| 7 | 7 Slovakia | 2.39 | 2023 | +6.67% | +2.71% | View data |
| 8 | 8 Norway | 2.34 | 2023 | +27.03% | +22.55% | View data |
| 9 | 9 Latvia | 0.99 | 2023 | -4.76% | -0.97% | View data |
| 10 | 10 Iceland | 0.15 | 2023 | +50% | +8.45% | View data |
