The Romanian casting of steel market has experienced significant fluctuations over the past decade, with a high of 73.884 Million Euros in 2013, declining to 46.823 Million Euros by 2023. Over the last five years, there was an average annual decrease (CAGR) of 1.76%, indicating a downward trend. Notably, the market plummeted sharply in 2020 with an 18.53% drop but saw a brief recovery in 2021, growing by 18.26%. The subsequent years, however, showed marginal declines.
Future trends to watch for include advancements in technology leading to more efficient steel production, the impact of EU regulations on emissions, and potential shifts in demand driven by infrastructure development and automotive industry growth.
How does Romania rank in Casting of Steel Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,570,100,000 | 2023 | -0.24% | -0.37% | View data |
| 2 | 2 France | 569,450,000 | 2023 | -1.81% | -1.71% | View data |
| 3 | 3 Spain | 505,790,000 | 2023 | +1.24% | +1.24% | View data |
| 4 | 4 Italy | 311,630,000 | 2023 | -4.92% | -2.04% | View data |
| 5 | 5 Austria | 224,720,000 | 2023 | +1.65% | +0.8% | View data |
| 6 | 6 Czech Republic | 190,390,000 | 2023 | -8.31% | +1.27% | View data |
| 7 | 7 Romania | 46,823,000 | 2023 | -1.84% | -1.76% | |
| 8 | 8 Bulgaria | 32,987,000 | 2023 | +1.13% | +1.38% | View data |
| 9 | 9 Hungary | 25,792,000 | 2023 | +1% | +2.45% | View data |
Latest reports
US Steel Market Report- Q1 2025
The US steel market in Q1 2025 is navigating a complex landscape shaped by significant investments, evolving trade policies, and a strong focus...
China Steel Market Report- Q1 2025
In the first quarter of 2025, the steel market in China faced significant challenges and opportunities amid a volatile global economic landscape. The...
Japan Steel Market Report- Q4 2024
In the fourth quarter of 2024, the steel industry in Japan navigated a complex economic landscape characterized by declining production levels and fluctuating...
Germany Steel Market Report- Q1 2025
In the first quarter of 2025, the Germany steel industry is navigating complex economic and geopolitical landscapes. Pressured by high energy costs due...
India Steel Market Report- Q1 2025
In the first quarter of 2025, the steel industry in India has exhibited considerable dynamism, driven by both domestic and international factors. The...
France Steel Market Report- Q1 2025
The France steel market in Q1 2025 faced a challenging quarter characterized by a decline in production and a complex economic backdrop. The...
Canada Steel Market Report- Q1 2025
The first quarter of 2025 has been transformative for the Canadian steel market, characterized by significant changes in trade policies and market dynamics....
Brazil Steel Market Report- Q1 2025
The first quarter of 2025 has been a pivotal period for the Brazilian steel industry, marked by significant shifts in trade policies, sustainability...
Italy Steel Market Report- Q1 2025
The Italy steel market in the first quarter of 2025 is navigating a complex landscape characterized by fluctuating production and evolving market demands....
South Korea Steel Market Report- Q1 2025
The South Korean steel market is navigating a complex landscape in Q1 2025, influenced by global trade policies, domestic economic conditions, and technological...
