The casting of steel market in Romania experienced a declining trend from 2013, with the volume standing at 14.507 million kilograms, down to 5.01 million kilograms in 2023. This marks a significant reduction, particularly sharp between 2016 and 2023. Year-on-year variations highlight fluctuations with some recovery in 2021, before continuing the downward trajectory. The Compound Annual Growth Rate (CAGR) over the last five years showcases an annual average decline of 8.39%.
Future trends to watch for:
- Technological advancements in steel casting processes.
- Environmental regulations impacting production techniques.
- Potential recovery driven by demand in infrastructure projects.
How does Romania 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% | View data |
| 7 | 7 Austria | 14,043,000 | 2023 | -0.38% | -0.4% | View data |
| 8 | 8 Sweden | 12,061,000 | 2023 | +0.41% | +1.37% | View data |
| 9 | 9 Romania | 5,010,000 | 2023 | -8.65% | -8.39% | |
| 10 | 10 Portugal | 4,857,800 | 2023 | -0.52% | -0.81% | View data |
| 11 | 11 Slovakia | 2,511,900 | 2023 | +1.87% | +2.22% | 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...
