European Sold Production of Grey Iron Castings for Land Vehicles by Country

In 2023, Germany dominated Europe's grey iron castings for land vehicles with a production value of €1.303 billion, followed by Italy and Spain at €0.24109 billion and €0.21965 billion, respectively. While Germany experienced a year-on-year growth of 1.36%, Italy saw a significant rise of 3.07%, contrasting with Portugal's decline of -1.33% and France's -13.74%. Over the last five years, Germany, Italy, and Spain exhibited varying growth rates, marking a trend of industry stabilization and slow growth in established markets.

Future trends to watch include:

  • Technological advancements in efficient casting methods.
  • Environmental regulations driving innovations towards sustainable production.
  • Potential shifts in production dynamics favoring Eastern European countries.
  • The impact of economic conditions on automotive demand across Europe.

Top countries in Sold Production of Grey Iron Castings for Land Vehicles by Country

# 9 Countries Euros Last Year YoY 5-years CAGR
1 1 Germany 1,303,000,000 2023 +7.79% +1.36% View data
2 2 Italy 241,090,000 2023 +14.27% +3.07% View data
3 3 Spain 219,650,000 2023 +8% +0.69% View data
4 4 Portugal 47,708,000 2023 +11.26% -1.33% View data
5 5 France 18,882,000 2023 -17.19% -13.74% View data
6 6 Poland 15,505,000 2023 +0.39% -1.12% View data
7 7 Croatia 1,131,100 2023 -15.07% -28.43% View data
8 8 Finland 973,400 2023 +20.48% -17.63% View data
9 9 Hungary 357,610 2023 -2.17% -3.61% View data

Top Countries about Iron Ore