The European sold production of ductile iron castings for machinery excluding for piston engines is led by Germany, with Italy, Spain, and France following. The UK, Sweden, and the Netherlands also hold significant shares. Notably, Sweden and the Netherlands showed robust growth in 2023 with 5.38% and 7.6% increases, respectively. In contrast, France experienced a notable decline of 4.11%. Overall, the region exhibited mixed trends with individual country dynamics influencing the landscape. Spain’s 4.47% growth and Poland's 3.34% increase suggest a positive trajectory for some regions, while Belgium and France experienced contractions.
For future trends, watch for technological advancements in production efficiency, sustainability initiatives, and potential impacts from geopolitical developments that may influence material costs and supply chains. Countries demonstrating adaptability and innovation are likely to further bolster their positions in the market.
Top countries in Sold Production of Ductile 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 | 886,830,000 | 2023 | +6.2% | -0.56% | View data |
| 2 | 2 Italy | 275,980,000 | 2023 | +0.071% | +0.26% | View data |
| 3 | 3 Spain | 118,640,000 | 2023 | +8.7% | +4.47% | View data |
| 4 | 4 France | 96,325,000 | 2023 | -3.01% | -4.11% | View data |
| 5 | 5 United Kingdom | 61,530,000 | 2023 | +2.09% | +0.33% | View data |
| 6 | 6 Sweden | 58,108,000 | 2023 | +2.8% | +5.38% | View data |
| 7 | 7 Netherlands | 49,494,000 | 2023 | +15.32% | +7.6% | View data |
| 8 | 8 Czechia | 48,340,000 | 2023 | |||
| 9 | 9 Finland | 32,638,000 | 2023 | +8.86% | +0.07% | View data |
| 10 | 10 Croatia | 31,365,000 | 2023 | +1.75% | +0.33% | View data |
