The casting of steel market in Sweden experienced some fluctuations over the past decade, with the volume standing at 12.061 million kilograms in 2023. The year 2023 saw a modest year-on-year increase of 0.41%. Over the last two years, the market saw a slight increase from 2021 to 2023, indicating a stable trend. The average variation per year over the last five years resulted in a CAGR of 1.37%, suggesting moderate and consistent growth.
Future trends to watch for include advancements in steel casting technologies, increasing demand in emerging sectors, and potential impacts of global economic conditions on steel production and consumption. Sustainability initiatives and regulations could also influence market dynamics and growth.
How does Sweden rank in Casting of Steel Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 100,790,000 | 2023 | -0.12% | +0.2% | View data |
| 2 | 2 Spain | 80,018,000 | 2023 | +2.09% | +1.5% | View data |
| 3 | 3 Italy | 77,311,000 | 2023 | -1.52% | -2.69% | View data |
| 4 | 4 France | 52,605,000 | 2023 | -2.33% | -2.8% | View data |
| 5 | 5 Czech Republic | 33,254,000 | 2023 | -3.83% | -3.95% | View data |
| 6 | 6 United Kingdom | 14,588,000 | 2023 | -10.54% | -7.07% | View data |
| 7 | 7 Austria | 14,043,000 | 2023 | -0.38% | -0.4% | View data |
| 8 | 8 Sweden | 12,061,000 | 2023 | +0.41% | +1.37% | |
| 9 | 9 Romania | 5,010,000 | 2023 | -8.65% | -8.39% | View data |
| 10 | 10 Portugal | 4,857,800 | 2023 | -0.52% | -0.81% | View data |
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