The European market for sold production of grey iron castings shows Germany leading with a substantial share, followed by Italy and Czechia. In 2023, Germany experienced a slight decline, while Italy saw a significant increase. France and the UK faced declines, whereas Belgium and Bulgaria had small gains. Smaller markets, such as Croatia and Portugal, demonstrated positive growth, contrasting with declines in Lithuania and the Netherlands.
Looking forward, notable trends include potential growth in Italy's market share and stabilization in traditionally strong markets like Germany. Monitoring emerging markets' growth rates, particularly in Eastern Europe, will be essential for identifying new opportunities.
Top countries in Sold Production of Grey Iron Castings for Machinery and Mechanical Appliances Excluding for Piston Engines Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 39.15 | 2023 | +5.21% | -0.83% | View data |
| 2 | 2 Italy | 16.89 | 2023 | +1.54% | +9.84% | View data |
| 3 | 3 Czechia | 10.3 | 2023 | |||
| 4 | 4 France | 8.58 | 2023 | -1.06% | -2.03% | View data |
| 5 | 5 Belgium | 8.57 | 2023 | +0.76% | +0.44% | View data |
| 6 | 6 Poland | 4 | 2023 | +1.42% | +0.53% | View data |
| 7 | 7 Spain | 2.55 | 2023 | +3.89% | -1.72% | View data |
| 8 | 8 United Kingdom | 1.2 | 2023 | -9.6% | -10.04% | View data |
| 9 | 9 Bulgaria | 1.17 | 2023 | +0.68% | +0.93% | View data |
| 10 | 10 Romania | 1.05 | 2023 | -1.19% | -2.43% | View data |
