The Casting of Steel Market in Slovakia experienced fluctuating trends from 2013 to 2023, with a value of 11.968 million Euros in 2023. Notably, the market witnessed a decline in the latter part of the period, primarily driven by significant drops in 2017 and 2018. The 5-year CAGR indicated a minimal average annual increase of 0.75%, signifying mild growth recovery. Variations show the recent downtrends in the last two years, with a year-on-year decline of 2.94% in 2023, following a 6.87% decrease in 2022.
Future trends to watch for in the Slovakian steel casting market include potential impacts of technological advancements in casting processes, environmental regulations, and the influence of geopolitical factors on raw material supply chains. It's crucial for stakeholders to adapt to these evolving elements to maintain competitive advantage and drive market growth.
| # | 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 |
| 10 | 10 Poland | 21,766,000 | 2023 | -21.76% | -14.7% | View data |
| 11 | 11 Denmark | 16,040,000 | 2023 | +1.06% | +1.12% | View data |
| 12 | 12 Slovakia | 11,968,000 | 2023 | -2.94% | +0.75% | |
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