Forecast: Casting of Iron Market Size Value in France

From 2013 to 2023, the casting of iron market in France exhibited significant fluctuations. The value in 2023 stood at 1.2476 billion euros. The market experienced highs in 2017 and 2018, with values at 1.2925 billion euros and 1.302 billion euros, respectively. However, there were notable dips, such as in 2016 and 2019, with values at 1.1822 billion euros and 1.1974 billion euros. Year-on-year variation showed periods of growth and decline, with the last two years (2022-2023) having modest increases of 0.12%. The 5-year CAGR from 2019 to 2023 was -0.85%, indicating a slight contraction.

Looking forward, forecasts for 2024 and beyond suggest a stable growth trend with slight increases each year, expecting the market to reach 1.2551 billion euros by 2028. The forecasted 5-year CAGR from 2024 to 2028 is 0.09%, with a cumulative growth rate of 0.47% during this period.

Future trends to watch for include technological advancements in casting processes, shifts in demand from key industries such as automotive and construction, and potential impacts from regulatory changes and environmental considerations.

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