The 2023 data for European sold production of grey iron castings for locomotives and rolling stock shows Italy dominating with a substantial 85.3% share, despite a striking 100% year-on-year decline. Hungary follows, holding 13.76% and experiencing a modest 1.35% increase. Poland and Austria maintain smaller shares, with slight negative trends at -6.09% and -0.77% respectively. Other countries such as Romania and those listed with minor shares have seen significant reductions or complete cessation, notably France, Germany, and Spain, each with a 100% fall. Over the recent five-year period, the industry has experienced drastic shifts, especially amongst leading and minor contributors.
Future trends to watch include potential recovery efforts from leading European producers like Italy and France, the rise of emerging markets such as Hungary, and the significant impact of technological advancements and sustainability practices on production. The increased focus on efficiency and environmental concerns is likely to shape the trajectory of grey iron casting production in Europe moving forward, potentially redistributing shares among countries.
Top countries in Sold Production of Grey Iron Castings for Locomotives, Rolling Stock, Parts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 85.3 | 2023 | -51.37% | View data | |
| 2 | 2 Hungary | 13.76 | 2023 | +1.71% | +1.35% | View data |
| 3 | 3 Poland | 3.43 | 2023 | -8.37% | -6.09% | View data |
| 4 | 4 Austria | 1.81 | 2023 | +1.52% | -0.77% | View data |
| 5 | 5 Romania | 0.58 | 2023 | -40.86% | -26.8% | View data |
| 6 | 6 Finland | 0.36 | 2021 | -65.28% | -22.6% | View data |
| 7 | 7 France | 0.24 | 2023 | -61.66% | View data | |
| 8 | 8 United Kingdom | 0.17 | 2023 | View data | ||
| 9 | 9 Germany | 0.003 | 2023 | -89.07% | View data | |
| 10 | 10 Spain | 0 | 2023 | -89.77% | View data |
