In 2023, Germany leads the European production of grey iron castings for locomotives, rolling stock, and parts with 558.57 million euros, followed by Italy and France. Year-on-year, Italy showed growth at 1.02%, while Germany and France experienced slight declines. Hungary demonstrated a notable increase of 1.78%, contrasting with Finland's significant drop of 30.71%. Other countries like Spain, Belgium, Portugal, and Romania faced reductions, with Romania down by 8.03%. Over the past five years, trends reveal a varied landscape, with stable growth in certain markets like Italy and Hungary.
Future trends to monitor include technological advancements and environmental regulations, impacting production efficiency and sustainability. Additionally, economic shifts, supply chain dynamics, and shifts towards greener transportation solutions may influence demand for grey iron castings in the railway industry.
Top countries in Sold Production of Grey Iron Castings for Locomotives, Rolling Stock, Parts by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 558,570,000 | 2023 | +5.34% | -0.2% | View data |
| 2 | 2 Italy | 175,920,000 | 2023 | +6.84% | +1.02% | View data |
| 3 | 3 France | 107,540,000 | 2023 | +2.9% | -1.8% | View data |
| 4 | 4 Spain | 37,852,000 | 2023 | +5.28% | -0.93% | View data |
| 5 | 5 Hungary | 28,101,000 | 2023 | +2.02% | +1.78% | View data |
| 6 | 6 Belgium | 11,454,000 | 2023 | -6.93% | -3.07% | View data |
| 7 | 7 Portugal | 10,957,000 | 2023 | -1.1% | -2.4% | View data |
| 8 | 8 Poland | 9,171,100 | 2023 | -5.84% | -4.22% | View data |
| 9 | 9 Austria | 7,628,100 | 2023 | +4.69% | -0.28% | View data |
| 10 | 10 Romania | 6,465,100 | 2023 | -8.06% | -8.03% | View data |
