The European Iron Casting Production Value in 2023 showcased significant variation across countries. Germany held a leading position with the highest value of 6.67 billion Euros, although it experienced a slight decline. Italy and the UK, despite their substantial contributions, also faced year-over-year drops. Conversely, Belgium and Serbia witnessed notable improvements. Spain and France saw the most significant downturns among larger producers. Meanwhile, smaller markets like Slovenia and Croatia also contracted, with modest growth reported in Eastern Europe.
Future trends to watch include the potential for increased automation and innovation in production processes as well as shifts in demand driven by global supply chain adjustments and sustainability initiatives. Additionally, Eastern European countries may continue to show growth as they modernize their industrial capabilities.
Top countries in Iron Casting Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 6,670 | 2023 | +6.81% | -1.64% | View data |
| 2 | 2 Italy | 1,470 | 2023 | +3.2% | -3.89% | View data |
| 3 | 3 Poland | 883.7 | 2023 | +9.91% | +0.96% | View data |
| 4 | 4 United Kingdom | 642.8 | 2023 | +0.94% | -0.14% | View data |
| 5 | 5 Spain | 638.3 | 2023 | -8.09% | -11.25% | View data |
| 6 | 6 Czech Republic | 455.2 | 2023 | +5.59% | +2.46% | View data |
| 7 | 7 France | 396.8 | 2023 | -18.64% | -10.8% | View data |
| 8 | 8 Greece | 292.4 | 2023 | +1.81% | -5.61% | View data |
| 9 | 9 Austria | 258.5 | 2023 | +2.66% | -2.02% | View data |
| 10 | 10 Belgium | 230.4 | 2023 | +2.95% | +5.88% | View data |
