In 2023, Germany led European sold production of steel castings for locomotives and rolling stock with 679.42 million euros, followed by Spain and France at 294.99 and 124.17 million euros, respectively. While Germany's production slightly increased by 0.47% year-over-year, Spain saw a notable rise of 3.41%. France experienced significant growth of 8.14%. In contrast, Austria and Sweden faced declines of 2.33% and 1.6%, respectively. Poland’s production increased by 7.22%, demonstrating strong growth, whereas Romania decreased by 5.41%. Finland showed a slight decrease and Portugal had a minor rise. Serbia saw a healthy increase, unlike Bulgaria’s decline.
Future trends to watch include the increasing focus on sustainable infrastructure and green transportation in Europe, which could boost demand for steel castings in locomotives and rolling stock. Innovations in railway technology and shifts toward electric and high-speed trains may also influence production landscapes. Additionally, economic factors and any regulatory changes related to environmental policies might significantly impact production trends across countries.
Top countries in Sold Production of Steel Castings for Locomotives and Rolling Stock by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 679,420,000 | 2023 | +2.68% | +0.47% | View data |
| 2 | 2 Spain | 294,990,000 | 2023 | +1.57% | +3.41% | View data |
| 3 | 3 France | 124,170,000 | 2023 | +8.03% | +8.14% | View data |
| 4 | 4 Austria | 111,720,000 | 2023 | +2.86% | -2.33% | View data |
| 5 | 5 Sweden | 33,502,000 | 2023 | +1.3% | -1.6% | View data |
| 6 | 6 Poland | 24,157,000 | 2023 | +1.24% | +7.22% | View data |
| 7 | 7 Romania | 22,352,000 | 2023 | -3.19% | -5.41% | View data |
| 8 | 8 Finland | 14,513,000 | 2023 | +4.79% | -1.09% | View data |
| 9 | 9 Portugal | 11,083,000 | 2023 | +6.54% | +0.64% | View data |
| 10 | 10 Czechia | 7,114,600 | 2023 |
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