The Casting of Iron market in Sweden has shown notable fluctuations from 2012 to 2022. The market size volume increased significantly from 30.038 million kilograms in 2012 to 37.224 million kilograms in 2022. The year-on-year variation demonstrates periods of substantial growth, particularly in 2013 (7.63%), 2014 (7.09%), 2015 (6.93%), and 2019 (15.98%). However, the market also faced declines, notably in 2016 (-14.79%), 2020 (-5%), and 2021 (-5.26%). The last observed Compound Annual Growth Rate (CAGR) indicates a slight positive average annual growth of 2.94% over the last five years.
Key drivers to watch in the future include technological advancements, sustainability practices, and evolving regulations. The ongoing trend towards lightweight materials and increased automation in the casting process could significantly impact market dynamics. Moreover, environmental policies and the shift toward greener production processes are likely to play crucial roles in shaping the market's trajectory.
How does Sweden rank in Casting of Iron Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,473,700,000 | 2023 | -0.39% | -2.27% | View data |
| 2 | 2 Italy | 827,800,000 | 2023 | -0.99% | -1.32% | View data |
| 3 | 3 Spain | 808,370,000 | 2023 | +0.31% | +0.94% | View data |
| 4 | 4 France | 575,060,000 | 2023 | +3.19% | +2.15% | View data |
| 5 | 5 Czech Republic | 167,410,000 | 2023 | +1.06% | -2.99% | View data |
| 6 | 6 Poland | 98,774,000 | 2023 | -3.74% | -3.97% | View data |
| 7 | 7 Sweden | 37,898,000 | 2023 | +1.27% | +1.8% | |
| 8 | 8 Finland | 37,340,000 | 2023 | -8.48% | -9.05% | View data |
| 9 | 9 Croatia | 24,229,000 | 2023 | -0.76% | -0.92% | View data |
