Germany and Italy dominate the European market for grey cast iron casting services, holding approximately 51.23% and 28.45% of the share, respectively. Spain, France, and other countries account for much smaller shares. Over recent years, notable declines were observed in Italy and Bulgaria, whereas Poland, Slovenia, and Belgium showed relatively minor contractions. Germany experienced a slight decrease, while Hungary and Romania saw marginal increases. Estonia and Slovakia saw no variation. Long-term trends indicate minimal average changes across Europe, suggesting potential stabilization in major markets, despite fluctuating economic conditions.
In terms of future trends, expect Germany and Italy to maintain their leading positions, although ongoing economic factors, technological advancements, and environmental regulations may impact production. Smaller markets may pursue strategic expansions or innovations to increase competitiveness and adapt to the evolving landscape.
Top countries in Sold Production of Casting Services of Grey Cast Iron Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 51.23 | 2023 | +5.09% | -1.53% | View data |
| 2 | 2 Italy | 28.45 | 2023 | +9.15% | -27.33% | View data |
| 3 | 3 Spain | 5.24 | 2023 | +5.3% | -0.42% | View data |
| 4 | 4 France | 4.2 | 2023 | +1.17% | -2.64% | View data |
| 5 | 5 Czechia | 2.06 | 2023 | |||
| 6 | 6 Poland | 1.62 | 2023 | -0.052% | -1.88% | View data |
| 7 | 7 Belgium | 1.06 | 2023 | +2.55% | -2.04% | View data |
| 8 | 8 Portugal | 0.94 | 2023 | +7.72% | -1.29% | View data |
| 9 | 9 Hungary | 0.67 | 2023 | +1.26% | +0.63% | View data |
| 10 | 10 Slovenia | 0.28 | 2023 | -6.25% | -5.94% | View data |
