The European market for grey iron castings for machinery and mechanical appliances, excluding piston engines, highlights Germany as a leader, with Italy and Czechia following. In 2023, the value stood at 629.89 million Euros in Germany, while Italy experienced significant growth of 9.84%. Notable contractions were observed in France (-2.03%) and the UK (-10.04%). Overall, incremental growth was seen in Belgium and the Netherlands faced a decline of -7.98%.
Future trends to watch include:
- Technological advancements in production processes enhancing efficiency.
- Increased demand driven by industrial automation and renewable energy sectors.
- Potential supply chain disruptions impacting production costs and timelines.
- Environmental regulations influencing material and energy usage.
- Geopolitical conditions affecting trade agreements and market access.
Top countries in Sold Production of Grey Iron Castings for Machinery and Mechanical Appliances Excluding for Piston Engines by Country
# | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 629,890,000 | 2023 | +5.21% | -0.83% | View data |
2 | 2 Italy | 271,730,000 | 2023 | +1.54% | +9.84% | View data |
3 | 3 Czechia | 165,670,000 | 2023 | |||
4 | 4 France | 138,080,000 | 2023 | -1.06% | -2.03% | View data |
5 | 5 Belgium | 137,860,000 | 2023 | +0.76% | +0.44% | View data |
6 | 6 Poland | 64,395,000 | 2023 | +1.42% | +0.53% | View data |
7 | 7 Spain | 41,057,000 | 2023 | +3.89% | -1.72% | View data |
8 | 8 United Kingdom | 19,243,000 | 2023 | -9.6% | -10.04% | View data |
9 | 9 Bulgaria | 18,841,000 | 2023 | +0.68% | +0.93% | View data |
10 | 10 Romania | 16,813,000 | 2023 | -1.19% | -2.43% | View data |