The European market for grey iron castings for locomotives and rolling stock experienced significant shifts in 2023, with Italy, France, Germany, Spain, Belgium, and Portugal showing a complete cessation in production. Hungary saw a modest increase of 1.35%, while Poland, Austria, Romania, and other countries faced declines. Over the last five years, these shifts reveal the volatility in the market.
Future trends to watch include the potential recovery of major players like Italy and France, shifts in Eastern European output, and increasing green technology investments, which could influence production dynamics and drive innovation in casting technologies. Sustainability and competitiveness in the global market remain critical factors.
Top countries in Sold Production of Grey Iron Castings for Locomotives, Rolling Stock, Parts by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 149,500,000 | 2023 | -51.37% | View data | |
| 2 | 2 Hungary | 24,113,000 | 2023 | +1.71% | +1.35% | View data |
| 3 | 3 Poland | 6,005,700 | 2023 | -8.37% | -6.09% | View data |
| 4 | 4 Austria | 3,180,300 | 2023 | +1.52% | -0.77% | View data |
| 5 | 5 Romania | 1,019,000 | 2023 | -40.86% | -26.8% | View data |
| 6 | 6 Finland | 631,990 | 2021 | -65.28% | -22.6% | View data |
| 7 | 7 France | 421,910 | 2023 | -61.66% | View data | |
| 8 | 8 United Kingdom | 304,660 | 2023 | View data | ||
| 9 | 9 Germany | 5,430 | 2023 | -89.07% | View data | |
| 10 | 10 Spain | 267.35 | 2023 | -89.77% | View data |
