In 2023, Germany led European sold production of cast light metals with 5.7372 billion euros, followed by Italy at 2.0304 billion euros and France at 1.037 billion euros. Over the past year, Hungary and Romania saw significant growth at 2.29% and 5.86%, respectively, while Serbia experienced a notable decline at -7.35%. Over a five-year CAGR, most countries showed modest adjustments, with Germany displaying stable growth.
Future trends to watch include technological advancements in production, increasing environmental regulations, and shifts in demand for lightweight materials driven by the automotive industry's focus on sustainability and efficiency. These could alter Europe's production landscape significantly.
Top countries in Sold Production of Cast Light Metals by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,737,200,000 | 2023 | +7.53% | +0.67% | View data |
| 2 | 2 Italy | 2,030,400,000 | 2023 | +2.94% | +1.12% | View data |
| 3 | 3 France | 1,037,000,000 | 2023 | -0.19% | -1.26% | View data |
| 4 | 4 Spain | 993,450,000 | 2023 | +8.73% | +1.25% | View data |
| 5 | 5 Austria | 734,600,000 | 2023 | +10.55% | -0.65% | View data |
| 6 | 6 Czechia | 547,570,000 | 2023 | |||
| 7 | 7 United Kingdom | 482,210,000 | 2023 | -0.096% | -2.71% | View data |
| 8 | 8 Hungary | 454,280,000 | 2023 | +3.4% | +2.29% | View data |
| 9 | 9 Sweden | 253,030,000 | 2023 | +7.47% | +1.51% | View data |
| 10 | 10 Netherlands | 235,710,000 | 2023 | +16.89% | -2.64% | View data |
