In 2023, Germany led Europe's production of grey iron castings for locomotives and related parts, holding a significant market share. Italy followed, showing a positive growth trend. Conversely, France, Spain, and Belgium experienced declines, with Romania and Finland seeing the steepest drops. Hungary, however, demonstrated healthy growth, enhancing its market position.
Looking ahead, significant trends to monitor include the potential recovery in countries with declining production, the impact of eco-friendly manufacturing practices, and technological advancements in casting processes. Growth in countries like Hungary could alter market dynamics as they innovate and expand capacity.
Top countries in Sold Production of Grey Iron Castings for Locomotives, Rolling Stock, Parts Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 56.56 | 2023 | +5.34% | -0.2% | View data |
| 2 | 2 Italy | 17.82 | 2023 | +6.84% | +1.02% | View data |
| 3 | 3 France | 10.89 | 2023 | +2.9% | -1.8% | View data |
| 4 | 4 Spain | 3.83 | 2023 | +5.28% | -0.93% | View data |
| 5 | 5 Hungary | 2.85 | 2023 | +2.02% | +1.78% | View data |
| 6 | 6 Belgium | 1.16 | 2023 | -6.93% | -3.07% | View data |
| 7 | 7 Portugal | 1.11 | 2023 | -1.1% | -2.4% | View data |
| 8 | 8 Poland | 0.93 | 2023 | -5.84% | -4.22% | View data |
| 9 | 9 Austria | 0.77 | 2023 | +4.69% | -0.28% | View data |
| 10 | 10 Romania | 0.65 | 2023 | -8.06% | -8.03% | View data |
