The casting of steel market in Poland has experienced a significant decline in value over the last decade, shrinking from 88.542 million euros in 2013 to 21.766 million euros in 2023. The market saw a compound annual growth rate (CAGR) of -14.7% over the last five years. Year-on-year changes reveal consistent downward trends, with notable declines in 2021 (-27.05%) and 2023 (-21.76%). This consistent decrease indicates an ongoing contraction in the market.
Future trends to watch for:
- Shifts towards technological advancements and automation in steel casting processes.
- Potential market recovery driven by infrastructure development and government initiatives.
- Increasing emphasis on sustainability and eco-friendly production methods.
- Fluctuations in demand and supply chains due to global economic conditions.
How does Poland rank in Casting of Steel Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,570,100,000 | 2023 | -0.24% | -0.37% | View data |
| 2 | 2 France | 569,450,000 | 2023 | -1.81% | -1.71% | View data |
| 3 | 3 Spain | 505,790,000 | 2023 | +1.24% | +1.24% | View data |
| 4 | 4 Italy | 311,630,000 | 2023 | -4.92% | -2.04% | View data |
| 5 | 5 Austria | 224,720,000 | 2023 | +1.65% | +0.8% | View data |
| 8 | 8 Bulgaria | 32,987,000 | 2023 | +1.13% | +1.38% | View data |
| 9 | 9 Hungary | 25,792,000 | 2023 | +1% | +2.45% | View data |
| 10 | 10 Poland | 21,766,000 | 2023 | -21.76% | -14.7% | |
| 11 | 11 Denmark | 16,040,000 | 2023 | +1.06% | +1.12% | View data |
| 12 | 12 Slovakia | 11,968,000 | 2023 | -2.94% | +0.75% | 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...
