The casting of iron market size in the UK experienced various fluctuations between 2012 and 2022. After a low 2013, values rebounded slightly by 2014, peaked in 2015 but faced a downward trend until a significant boost in 2018. Post-2018, novel volatility emerged reaching a substantial dip in 2020, likely due to pandemic disruptions, followed by a strong recovery in 2021, with stability observed in 2022. The average annual variation (CAGR) over the last five years stood at 2.56%. The complex interactions underline a volatile yet resilient market with the value standing notable in 2023.
Future trends to watch for include:
- Technological advancements in casting techniques
- Environmental regulations influencing production methods
- Market responses to global supply chain interruptions
- Potential shifts in major consumer industries such as automotive and construction
How does the United Kingdom 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% | |
| 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 |