The Casting of Iron Market in Sweden experienced fluctuations in market size value from 2012 to 2022. The period began with a value of 99.394 million Euros in 2012, steadily declining to 96.316 million Euros in 2014. A significant boost was observed in 2015 with a 10.2% increase, but subsequent years saw a general downturn, culminating in a sharp decline of 18.27% in 2020, likely impacted by the global pandemic. Recovery ensued in 2021 with an 18.64% increase, yet a mild downturn followed in 2022.
Year-on-year variations over the past two years were -1.52% in 2022 and 18.64% in 2021. The last five years saw a compound annual growth rate (CAGR) of -1.77%.
Future trends to watch for include technological advancements in iron casting processes, regulatory policies affecting manufacturing, and fluctuations in industrial demand. Additionally, sustainable practices and innovation in materials may influence market growth dynamics.
How does Sweden rank in Casting of Iron Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,474,000,000 | 2023 | -1.03% | -2.53% | View data |
| 2 | 2 Italy | 1,829,900,000 | 2023 | -1.59% | -1.79% | View data |
| 3 | 3 Spain | 1,721,800,000 | 2023 | +1.13% | +0.83% | View data |
| 4 | 4 France | 1,247,600,000 | 2023 | +0.12% | -0.85% | View data |
| 5 | 5 United Kingdom | 608,130,000 | 2023 | +0.73% | +0.16% | View data |
| 6 | 6 Belgium | 246,420,000 | 2023 | +3.43% | -1.99% | View data |
| 7 | 7 Finland | 119,450,000 | 2023 | -6.21% | -8.12% | View data |
| 8 | 8 Sweden | 85,059,000 | 2023 | -1.51% | -1.35% | |
| 9 | 9 Croatia | 83,193,000 | 2023 | +1.36% | +1.55% | View data |
| 10 | 10 Bulgaria | 20,165,000 | 2023 | -1.64% | -2.17% | View data |
