The Casting of Iron market in Finland has seen significant fluctuations over the past decade. Starting from 225.14 million Euros in 2012, the market value decreased consistently until 2016, with an occasional rebound in 2017 and 2018. The years 2020 to 2022 witnessed a steady decline, ending at 136.55 million Euros in 2022. This decline reflects an overall negative CAGR of -4.46% over the last five years, indicating a shrinking market. The year-on-year variations show a peak decline of -12.18% in 2014 and a notable rebound of 15.6% in 2017, although this growth was not sustained.
Future Trends to Watch For:
- Technological Advancements: The adoption of innovative casting techniques and automation could alter production costs and efficiency.
- Regulatory Changes: Environmental regulations and policies impacting the iron casting industry may reshape market dynamics.
- Economic Factors: Global economic conditions and demand from key sectors such as automotive and construction will influence future market value.
- Supply Chain Disruptions: Continued impacts of geopolitical tensions or trade disruptions might affect market stability.
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,474,000,000 | 2023 | -1.03% | -2.53% | View data |
| 2 | 2 Italy | 1,829,900,000 | 2023 | -1.59% | -1.79% | View data |
| 3 | 3 Spain | 1,721,800,000 | 2023 | +1.13% | +0.83% | View data |
| 4 | 4 France | 1,247,600,000 | 2023 | +0.12% | -0.85% | View data |
| 5 | 5 United Kingdom | 608,130,000 | 2023 | +0.73% | +0.16% | View data |
| 6 | 6 Belgium | 246,420,000 | 2023 | +3.43% | -1.99% | View data |
| 7 | 7 Finland | 119,450,000 | 2023 | -6.21% | -8.12% | |
| 8 | 8 Sweden | 85,059,000 | 2023 | -1.51% | -1.35% | View data |
| 9 | 9 Croatia | 83,193,000 | 2023 | +1.36% | +1.55% | View data |
