The forecast for the sold production of grey iron castings for land vehicles in Germany from 2024 to 2028 shows a steadily increasing trend. In 2023, this production was valued at approximately 1.3045 billion Euros, marking a stable growth trajectory.

From 2024 onwards, the expected year-on-year percentage growth indicates a consistent upward trend: approximately 1.75% in 2025, 1.70% in 2026, 1.66% in 2027, and 1.62% in 2028, with a five-year CAGR of roughly 1.70%. This positive growth suggests a robust outlook for the grey iron casting industry in Germany.

Future trends to watch:

Technological advancements in casting processes could drive efficiency.
Shifts towards electric vehicles may alter demand patterns for traditional cast components.
Environmental regulations may impact production methods and costs.