In 2023, France led European production of steel castings for land vehicles with significant output, though it saw a complete cessation by 2024. Serbia and Poland, following as key contributors, experienced slight declines, further emphasizing a shifting market landscape. Bulgaria, however, showed resilience with a growth spurt, while other countries like the UK, Italy, Portugal, Germany, and Spain showed either no movement or severe reductions.
Future trends to watch include:
- Potential recovery or market re-entry of major players like France.
- Growth opportunity for Bulgaria if their production continues to increase.
- Emerging market roles for other Eastern European countries amid Western reductions.
- Technological advancements that may alter production capabilities and distribution.
Top countries in Sold Production of Steel Castings for Land Vehicles Share by Country (Kilograms)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 55.36 | 2023 | -6.95% | View data | |
| 2 | 2 Serbia | 20.85 | 2023 | +2.33% | -0.33% | View data |
| 3 | 3 Poland | 15.46 | 2023 | -2.94% | -1.1% | View data |
| 4 | 4 Bulgaria | 8.21 | 2023 | -0.29% | +2.71% | View data |
| 5 | 5 United Kingdom | 0.13 | 2023 | View data | ||
| 6 | 6 Portugal | 0.024 | 2023 | -55.15% | View data | |
| 7 | 7 Italy | 0.017 | 2023 | View data | ||
| 8 | 8 Germany | 0.001 | 2023 | -89.63% | View data | |
| 9 | 9 Spain | 0 | 2023 | -90.13% | View data |
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