In 2023, Germany dominated the European casting of iron market with a value of 55.6 euros, followed by Italy at 13.61 euros, Spain at 12.81 euros, and France at 9.28 euros. Despite the anticipated decline in year-on-year growth for most countries, Spain, the United Kingdom, and Croatia experienced positive trends, with increases of 0.83%, 0.16%, and 1.55%, respectively. Finland saw the highest decline at -8.12%, highlighting regional disparities.
Future trends to watch in the European casting of iron market include potential recovery in countries currently experiencing downturns, technological advancements driving efficiency, and sustainability initiatives influencing production and competitive dynamics among leading nations like Germany and Italy.
Top countries in Casting of Iron Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 55.6 | 2023 | -1.03% | -2.53% | View data |
| 2 | 2 Italy | 13.61 | 2023 | -1.59% | -1.79% | View data |
| 3 | 3 Spain | 12.81 | 2023 | +1.13% | +0.83% | View data |
| 4 | 4 France | 9.28 | 2023 | +0.12% | -0.85% | View data |
| 5 | 5 United Kingdom | 4.52 | 2023 | +0.73% | +0.16% | View data |
| 6 | 6 Belgium | 1.83 | 2023 | +3.43% | -1.99% | View data |
| 7 | 7 Finland | 0.89 | 2023 | -6.21% | -8.12% | View data |
| 8 | 8 Sweden | 0.63 | 2023 | -1.51% | -1.35% | View data |
| 9 | 9 Croatia | 0.62 | 2023 | +1.36% | +1.55% | View data |
| 10 | 10 Bulgaria | 0.15 | 2023 | -1.64% | -2.17% | View data |