The European Iron Casting market in 2023 exhibited significant disparity across countries, with Germany dominating at 51.49 million Euros, far ahead of Italy (10.38 million Euros) and Poland (6.76 million Euros). Most countries experienced a decline, notably France (-14.56%) and Spain (-11.54%). Belgium and the Czech Republic bucked this trend with gains of 9.35% and 2.37% respectively. The overall market exhibited fluctuating year-on-year variations reflective of broader economic uncertainties.
Looking ahead, market forecasting suggests a need to monitor:
- Continued impact of economic conditions on the major markets like Germany and Italy.
- Potential for growth in smaller markets with recent gains, such as Belgium and Czech Republic.
- Technological advancements and regulatory changes affecting production efficiency and environmental compliance.
Top countries in Iron Casting Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 51.49 | 2023 | +6.7% | -1.85% | View data |
| 2 | 2 Italy | 10.38 | 2023 | +1.69% | -4.66% | View data |
| 3 | 3 Poland | 6.76 | 2023 | +9.77% | +0.96% | View data |
| 4 | 4 Spain | 5.66 | 2023 | -8.51% | -11.54% | View data |
| 5 | 5 United Kingdom | 5.28 | 2023 | +0.37% | -0.55% | View data |
| 6 | 6 Czech Republic | 3.64 | 2023 | +6.52% | +2.37% | View data |
| 7 | 7 France | 2.72 | 2023 | -24.7% | -14.56% | View data |
| 8 | 8 Greece | 2.18 | 2023 | +2.36% | -5.34% | View data |
| 9 | 9 Austria | 2.02 | 2023 | +2.57% | -1.78% | View data |
| 10 | 10 Belgium | 1.99 | 2023 | +4.11% | +9.35% | View data |
