Germany continues to dominate the European sold production of cast iron with a share of 52.9%, although it has experienced a slight decline of -0.057% from the previous year. Italy and Spain hold the second and third positions with 13.96% and 11.7%, seeing year-on-year increases of 1.79% and 2.13% respectively. France, with a share of 6.69%, has faced a decline of -0.14%. The United Kingdom saw a significant drop of -11.73%, taking its share to 1.79%. Positive growth was observed in smaller markets like Hungary (3.12%), Sweden (9.41%), and Romania (8.35%).
Future trends to watch for include potential market shifts due to economic fluctuations, technological advancements in metallurgy, and changing regulatory environments. With Germany retaining a commanding lead, the competitive dynamics among the smaller markets will be imperative to monitor, as any significant percentage increase or decrease could have substantial impacts on their overall standings in the European market.
Top countries in Sold Production of Cast Iron Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 52.9 | 2023 | +6.72% | -0.057% | View data |
| 2 | 2 Italy | 13.96 | 2023 | +6.76% | +1.79% | View data |
| 3 | 3 Spain | 11.7 | 2023 | +8.44% | +2.13% | View data |
| 4 | 4 France | 6.69 | 2023 | +0.86% | -0.14% | View data |
| 5 | 5 Czechia | 2.27 | 2023 | |||
| 6 | 6 United Kingdom | 1.79 | 2023 | -6.94% | -11.73% | View data |
| 7 | 7 Netherlands | 1.6 | 2023 | +17.58% | +2.28% | View data |
| 8 | 8 Poland | 1.4 | 2023 | +0.2% | -0.75% | View data |
| 9 | 9 Belgium | 1.28 | 2023 | +1.27% | -0.79% | View data |
| 10 | 10 Hungary | 0.87 | 2023 | +3.83% | +3.12% | View data |
