The casting of steel market in the Czech Republic has experienced a steady decline in volume from 2013 to 2023, decreasing from 54.93 million kilograms in 2013 to 33.254 million kilograms in 2023. This represents a continuous contraction over these years. Notably, the market demonstrated more pronounced declines after 2017, with the year-on-year decrease reaching up to 14.93% in 2018. Over the last two years, the market has seen negative year-on-year changes of -3.72% in 2022 and -3.83% in 2023. The average annual decline over the past five years is calculated to be -3.95%.
Future trends to watch for:
- Potential impacts of technological innovations on production efficiency.
- Shifts towards environmentally friendly practices might influence market demands.
- Global economic factors and supply chain challenges could further affect the market size.
- Policies supporting industrial growth could offset some negative trends, if implemented effectively.
How does the Czech Republic rank in Casting of Steel Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 100,790,000 | 2023 | -0.12% | +0.2% | View data |
| 2 | 2 Spain | 80,018,000 | 2023 | +2.09% | +1.5% | View data |
| 3 | 3 Italy | 77,311,000 | 2023 | -1.52% | -2.69% | View data |
| 4 | 4 France | 52,605,000 | 2023 | -2.33% | -2.8% | View data |
| 5 | 5 Czech Republic | 33,254,000 | 2023 | -3.83% | -3.95% | |
| 6 | 6 United Kingdom | 14,588,000 | 2023 | -10.54% | -7.07% | View data |
| 7 | 7 Austria | 14,043,000 | 2023 | -0.38% | -0.4% | View data |
Latest reports
US Steel Market Report- Q1 2025
The US steel market in Q1 2025 is navigating a complex landscape shaped by significant investments, evolving trade policies, and a strong focus...
China Steel Market Report- Q1 2025
In the first quarter of 2025, the steel market in China faced significant challenges and opportunities amid a volatile global economic landscape. The...
Japan Steel Market Report- Q4 2024
In the fourth quarter of 2024, the steel industry in Japan navigated a complex economic landscape characterized by declining production levels and fluctuating...
Germany Steel Market Report- Q1 2025
In the first quarter of 2025, the Germany steel industry is navigating complex economic and geopolitical landscapes. Pressured by high energy costs due...
India Steel Market Report- Q1 2025
In the first quarter of 2025, the steel industry in India has exhibited considerable dynamism, driven by both domestic and international factors. The...
France Steel Market Report- Q1 2025
The France steel market in Q1 2025 faced a challenging quarter characterized by a decline in production and a complex economic backdrop. The...
Canada Steel Market Report- Q1 2025
The first quarter of 2025 has been transformative for the Canadian steel market, characterized by significant changes in trade policies and market dynamics....
Brazil Steel Market Report- Q1 2025
The first quarter of 2025 has been a pivotal period for the Brazilian steel industry, marked by significant shifts in trade policies, sustainability...
Italy Steel Market Report- Q1 2025
The Italy steel market in the first quarter of 2025 is navigating a complex landscape characterized by fluctuating production and evolving market demands....
South Korea Steel Market Report- Q1 2025
The South Korean steel market is navigating a complex landscape in Q1 2025, influenced by global trade policies, domestic economic conditions, and technological...
